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Cedar Park’s Firefly Aerospace raises IPO range, pushing valuation past $6B
In its IPO filings last month, Firefly reported $60.79 million in revenue for 2024, up from $55.24 million in 2023. The company appears on track to surpass those figures, reporting $55.86 million in revenue in the first quarter of 2025 alone.
Firefly Aerospace Hikes IPO Price Range, Eyes Over $6 Billion Valuation
Firefly Aerospace increased the expected price range for its upcoming initial public offering (IPO), now targeting $41 to $43 per share. The Details: The new range would give the space technology firm a valuation of over $6 billion, an increase from its earlier target of $5.5 billion with a $35 to $39 share price, according to CNBC.
At the top end of its estimated price range, Firefly Aerospace would have a market capitalization of about $6 billion.
The Cedar Park-based company, which plans to trade on the Nasdaq market as FLY, would launch with a valuation of about $5.5 ...
Space technology company Firefly Aerospace on Monday said its estimated net loss in the first half of 2025 will be wider than ...
The expansion will enable the company to bring in bigger and more sophisticated equipment to make larger parts.
Firefly Aerospace, the Cedar Park-based space and technology company that recently became the first commercial company to ...
A Central Texas space company is on a victory lap. After successfully touching down on the Moon this past spring, a feat ...
The private company that landed a vehicle on the moon in March plans to go public. Firefly Aerospace, based in Cedar Park, near Austin, hopes to raise $16 million. Firefly’s value could rise to $5.5 ...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more ...
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