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Firefly Aerospace

APublic (NASDAQ: FLY)Founded 2014πŸ‡ΊπŸ‡ΈLeander, Texas
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CEO

Jason Kim

Overview

Firefly Aerospace is a public space and defense company that launches the Alpha small-lift rocket, is co-developing the Eclipse medium-lift vehicle with Northrop Grumman, flies Blue Ghost lunar landers, and builds Elytra orbital vehicles for maneuvering, communications, imaging, and other cislunar services. After becoming the first commercial company to complete a fully successful Moon landing, Firefly expanded further into defense software and data systems through its SciTec acquisition.

Main Products

Alpha

Alpha

Active

Small-lift two-stage orbital launch vehicle for dedicated commercial, civil, and national-security missions.

Operational since reaching orbit in 2022 and successfully returned to flight on March 11, 2026 with Alpha Flight 7 ahead of the full Block II debut on Flight 8.

Payload to LEO1,030 kg
Height29.48 m (96.7 ft)
Total Launches7
Responsive Launch Record24-hour notice
Eclipse

Eclipse

In Development

Reusable medium-lift launch vehicle co-developed with Northrop Grumman for commercial, civil, and national-security missions.

Manufacturing and qualification testing are underway, with the first flight from Wallops targeted as early as 2026.

Payload to LEO16,300 kg
Payload to GTO3,200 kg
Overall Length59 m (194 ft)
Target First LaunchAs early as 2026
Blue Ghost

Lunar lander platform for NASA CLPS missions and commercial payload delivery anywhere on the lunar surface.

Mission 1 completed the first fully successful commercial Moon landing in 2025, and Firefly is now marketing annual lunar missions with Blue Ghost and Elytra.

Mass to SurfaceUp to 240 kg
Mass to OrbitUp to 2,700 kg with Elytra
Mission 1 Surface Ops14+ days
Mission CadenceAnnual lunar missions

What's Next

Debut Alpha Block II on Flight 8

Fly the first full Alpha Block II configuration after validating key avionics and thermal upgrades on Flight 7, with the new variant designed to improve reliability, manufacturability, and launch operations.

2026

Launch Blue Ghost Mission 2 and activate Ocula

Execute the far-side lunar mission with Blue Ghost and Elytra Dark, then keep Elytra in lunar orbit for communications, calibration, and Firefly's Ocula imaging service.

Late 2026

Fly Eclipse for the first time

Continue Eclipse qualification and manufacturing work with Northrop Grumman ahead of the medium-lift vehicle's inaugural launch from Wallops.

As early as 2026

Operations & Revenue

StatusOperational

Firefly is now a public space and defense company with Alpha back in service after the March 11, 2026 Flight 7 return to flight, Blue Ghost Mission 1 completed and Missions 2-4 in work, Eclipse hardware qualification underway, and SciTec expanding the business into defense software, data processing, and classified mission infrastructure.

Revenue Streams

Alpha Launch Services

Dedicated small-satellite launch services for commercial, civil, and national-security customers, including tactically responsive missions and East/West Coast launch campaigns.

Blue Ghost Lunar Missions & Data Services

Lunar delivery, hosting, and operations revenue from NASA CLPS missions, commercial rideshares, and follow-on lunar data services such as the Blue Ghost Mission 1 addendum.

Elytra Orbital Services & Ocula Imaging

In-space maneuvering, payload delivery, long-haul communications, space domain awareness, and the Ocula lunar imaging service provided through the Elytra vehicle family.

Eclipse Medium-Lift Launch Services

Future medium-lift launches for commercial spacecraft, space station resupply, scientific payloads, and national-security missions through the Northrop Grumman partnership.

Defense Software & Data Processing

Mission software, AI-enabled analytics, data processing, and classified ground infrastructure added through the SciTec acquisition for missile warning, space domain awareness, and other national-security programs.

Key Metrics

Employees

1,300+

Est. Annual Revenue

$420M-$450M (2026 guidance)

2025 Revenue

$159.9M

2026 Revenue Guidance

$420M-$450M

Alpha Launches

7

Blue Ghost Missions

4 lunar missions through 2029

Responsive Launch Record

24-hour notice

Timeline

2026Alpha returns to flight

Alpha Flight 7 successfully reaches orbit, deploys a Lockheed Martin demo payload, and validates key Block II upgrades ahead of Flight 8.

2025Eclipse named and backed by Northrop investment

Northrop Grumman invests $50 million to advance Firefly's medium-lift vehicle, which is officially named Eclipse.

2025Blue Ghost completes first fully successful commercial Moon landing

Blue Ghost Mission 1 lands on the Moon and completes more than 14 days of lunar surface operations, setting the longest commercial operations on the Moon to date.

2025IPO and SciTec acquisition

Firefly prices its upsized IPO, begins trading on Nasdaq as FLY, and then closes the SciTec acquisition to add defense software, data processing, and classified mission infrastructure.

2022Alpha reaches orbit

Alpha successfully reaches orbit on its second flight, "To The Black," making Firefly operational in the 1,000-kilogram launch class.

2017Relaunch under new ownership

Noosphere Ventures acquires assets and relaunches as Firefly Aerospace.

2014Founded

Tom Markusic founds Firefly Space Systems (later Firefly Aerospace).

Funding

RoundDateAmountInvestorsSource
Private funding2014–2024$589M+Noosphere Ventures, AE Industrial, DADA Holdings, and others
Northrop Grumman investment2025$50MNorthrop Grumman
Initial public offering2025$933.1M net proceedsPublic offering (NASDAQ: FLY)