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.
Coverage
- Firefly Aerospace Shares Surge 17% Following Major AST SpaceMobile Deal and NASA Selection
- AST SpaceMobile Shares Surge 14% Following Rakuten Joint Venture Announcement
- Voyager Technologies Shares Surge Following NASA Lunar Payload Contract Selection
- Intuitive Machines Shares Rise Following NASA's $10 Billion Lunar Payload Contract Award
- Intuitive Machines wins spot in NASA's $10B CLPS 2 program
- NASA awards billions in contracts to expand lunar exploration, build moon base
- NASA Announces Multi-Billion Dollar Contracts for Lunar Exploration and Permanent Moon Base