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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 ...
The expansion will enable the company to bring in bigger and more sophisticated equipment to make larger parts.
A Central Texas space company is on a victory lap. After successfully touching down on the Moon this past spring, a feat ...
Firefly Aerospace, the Cedar Park-based space and technology company that recently became the first commercial company to ...
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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