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Firefly Aerospace Closes Third Tranche Of Series C Round, Reaching Approximately $300 Million Of Financing To Date

Nov 10, 2023about 2 years ago
Cedar ParkAerospace

Investors

L3 HarrisLockheed MartinAe Industrial Partners

Description

Firefly Aerospace, Inc., an end-to-end space transportation company, today announced the closing of another tranche of financing, valuing the company at $1.5 billion pre-money. The round is being led by existing investors including AE Industrial Partners, LP, as well as new investors including Mitsui & Co., Ltd. Firefly has raised approximately $300 million in funding since February 2023.

Company Information

Company

Firefly Aerospace

Location

Cedar Park, Texas, United States

About

Firefly Aerospace is an end-to-end space transportation company with launch, lunar, and on-orbit services. Headquartered in central Texas, Firefly is a portfolio company of AE Industrial Partners (“AEI”) focused on delivering responsive, reliable, and affordable space access for government and commercial customers. Firefly’s small- to medium-lift launch vehicles, lunar landers, and orbital vehicles provide the space industry with a single source for missions from low Earth orbit to the surface of the Moon and beyond.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers