Part of a strategic collaboration to meet the growing demand for reliable in-space transport and access to geostationary orbit (GEO), Rogue Space has contracted Firefly as their first launch vehicle supplier targeting an initial launch in Q3 2023.
LACONIA, NH (August 30, 2021) Rogue Space Systems Corporation, a U.S. company that is developing a smart spacecraft program and is planning to offer transport, and in-space services to the growing space market, and Firefly Aerospace, a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, today announced they have signed a Launch Service Agreement (LSA). The agreement confirms that Rogue has secured the entire payload mass capacity aboard a Firefly Alpha rocket, scheduled for liftoff from Cape Canaveral in the fall of 2023.
CEDAR PARK, Texas, August 6, 2021 (Firefly Aerospace PR) –Firefly Aerospace, Inc., a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, today announced the launch of a new line of business dedicated to supplying rocket engines and other spaceflight components to the emerging New Space industry.
“Our goal with this line of business is to become the Tier 1 supplier of components to the New Space industry,” said Tom Markusic, CEO of Firefly Aerospace. “Our component sales business model has inherent advantages over businesses that focus on a single (e.g., rocket engines) or narrow range (e.g., valves) of components.”
CEDAR PARK, Texas, May 4, 2021 (Firefly Aerospace PR) – Firefly Aerospace Inc., a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, today announced the successful completion of its Series A financing. The $75 million Series A, which valued the company at greater than $1 billion, was led by DADA Holdings, with participation by Astera Institute, Canon Ball LLC, Reuben Brothers Limited, SMS Capital Investment LLC, Raven One Ventures, The XBTO Ventures and other investors. The Series A capital raise team was led by Darren Ma, Firefly CFO. Investor outreach was led by Eric Salwan, Firefly Co-founder and Director of Commercial Business Development. Jed McCaleb, representing Astera Institute, will join Firefly’s Board of Directors.
Interest in the Series A round far exceeded the $75 million equity being offered. In an effort to satisfy the overwhelming demand in the Series A round, Firefly’s seed investor, Noosphere Ventures, sold approximately $100 million of its holdings of Firefly equity to certain Series A participants and other investors through secondary transactions. Following the forthcoming launch of its flagship Alpha small launch vehicle, Firefly intends to raise an additional $300 million later in 2021 to fund its ambitious growth plans through 2025.