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Arstechnica

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Image Credit: Arstechnica

Firefly Aerospace rakes in more cash as competitors struggle for footing

  • Firefly Aerospace completes a $175 million Series D fundraising round, resulting in a valuation of over $2 billion.
  • Firefly's diversified portfolio, including its Alpha rocket and orbital transfer vehicle, Elytra, prove attractive to investors.
  • The company aims to become the second company to safely place a commercial lander on the Moon.
  • Firefly's fundraising success follows a previous round in 2023, where $300 million was raised at a valuation of $1.5 billion.

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