Firefly Aerospace Shares Surge 17% Following Major AST SpaceMobile Deal and NASA Selection
Firefly Aerospace (FLY) saw its stock price jump 17% on Monday following two major business developments. The company secured a $1.3 billion contract with AST SpaceMobile (ASTS) to supply 36 rocket engines, technology licenses, and engineering support for AST's upcoming heavy-lift rocket. This influx of capital is intended to accelerate Firefly's production capabilities, infrastructure, and hiring. Additionally, NASA selected Firefly as a vendor for its $10 billion Commercial Lunar Payload Services (CLPS) 2 initiative. Building on the success of its Blue Ghost Mission 1 in 2025, Firefly is now positioned to compete for task orders aimed at establishing a permanent lunar base. These milestones represent significant validation of Firefly's engine technology and lunar landing capabilities.
Topics: Aerospace Contracts Rocket Engines Space Technology
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