<ul><li>Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion.</li><li>Firefly makes small and medium launch vehicles for commercial launches to the earth's orbit and offers on-orbit services through its Elytra line of orbital vehicles.</li><li>The startup is preparing for its first mission to the moon, dubbed Blue Ghost, as part of NASA's Commercial Lunar Payload Service initiative.</li><li>Firefly intends to use the funding to enhance the market reach of its Elytra spacecraft, transition to full-scale production of its Alpha rocket, and expedite the hardware qualification for newly developing vehicles.</li></ul>

Space startup Firefly valued at over $2 billion in latest funding round

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