institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Firefly Aerospace Files Registration Statement for Proposed Initial Public Offering

WILLIAMSON COUNTY, TEXAS, JUL 11 – Firefly Aerospace aims to raise funds through its Nasdaq IPO to reduce $173.6 million debt and support growth with $1.1 billion in backlog, signaling strong investor interest.

  • Firefly Aerospace filed a registration statement on July 18, 2025, for a proposed IPO to list common stock on Nasdaq under the symbol FLY.
  • The IPO follows a strong growth phase, with Firefly's backlog doubling to about $1.1 billion and revenue rising more than sixfold to $55.9 million by March 31.
  • Firefly achieved significant milestones this year, including the Blue Ghost lunar lander’s successful Moon landing and multiple launch agreements boosting its market position.
  • The company reported a net loss of $60.1 million for the first quarter of 2025, up from $52.8 million a year earlier, while holding $176.9 million in cash with $173.6 million in debt.
  • Firefly’s IPO could provide needed liquidity to support growth and debt repayment, indicating optimism amid a recovering space sector after previous market challenges.
Insights by Ground AI
Does this summary seem wrong?
Podcasts & Opinions

20 Articles

TechCrunchTechCrunch
Reposted by
technewstube.comtechnewstube.com
Center

Firefly Space files for an IPO

Firefly Space has filed for a initial public offering.

·United States
Read Full Article
NBC ChicagoNBC Chicago
+3 Reposted by 3 other sources
Center

Rocket maker Firefly Aerospace files to go public under ticker FLY

Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol “FLY” on the Nasdaq.

·Chicago, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

NBC Chicago broke the news in Chicago, United States on Friday, July 11, 2025.
Sources are mostly out of (0)