Nov 12, 02:16 PM

Firefly Aerospace Raises $175M Series D, Valued at $2B

Firefly Aerospace, a Texas-based rocket and spacecraft builder, has successfully raised $175 million in a Series D funding round, valuing the company at over $2 billion. The round was led by RPM Ventures, a new investor to Firefly, and was oversubscribed. Firefly plans to use the new capital to expand its market reach with its Elytra spacecraft, move to full rate production of its Alpha launch vehicle, and accelerate hardware qualification for new vehicles in development. This funding comes as Firefly prepares for a significant year in orbit, with plans to land on the Moon.

#Firefly Aerospace #RPM Ventures #Firefly #Elytra #Alpha #Moon

Written with ChatGPT .

Sources

TechCrunch@TechCrunch
2 years ago
Firefly Aerospace readies for a big year in orbit with $175M D round https://t.co/J6sN1iIBuF
AtomsNotBits@AtomsNotBits
2 years ago
What has been happening in the world of Atoms? - @Firefly_Space has raised a $175M Series D led by @rpmvc. The Cedar Park, Texas company will use the capital to ramp up vehicle and spacecraft production. - @FixThe_Timeline has launched Administratum, developing automation for… https://t.co/aY3aBa3j5v
Jack Kuhr@JackKuhr
2 years ago
Firefly closed a $175M Series D round, valuing the rocket company at more than $2B https://t.co/dPnAJbc82G

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