Welcome to our dedicated page for Firefly Aerospace news (Ticker: FLY), a resource for investors and traders seeking the latest updates and insights on Firefly Aerospace stock.
Firefly Aerospace Inc. reports developments in space launch, lunar transportation, orbital vehicles, and defense software for government, commercial, and national security customers. The company’s updates commonly cover Alpha launch activity, Blue Ghost lunar lander milestones, Elytra orbital-vehicle work, spacecraft production, responsive-space exercises, and mission support for U.S. defense programs.
Recurring Firefly news also includes financial results, contract awards, collaborations tied to lunar imaging and on-orbit processing, and SciTec’s AI-enabled software for missile warning, data fusion, space domain awareness, and mission-critical national security applications.
Firefly Aerospace (Nasdaq: FLY) has been awarded a contract by the Department of War’s Defense Innovation Unit and the Space Development Agency to complete a preliminary design review (PDR) for a mission using its Elytra spacecraft to provide satellite deorbit services.
Completion of the PDR will make Firefly eligible to compete for subsequent mission execution phases, including launch and spacecraft operations. The Elytra-based deorbit system is designed to rendezvous with client satellites and perform deorbit services in LEO, MEO, and GEO. Firefly is also under contract with the Defense Innovation Unit for a separate Elytra space domain awareness mission no earlier than 2027, which has entered spacecraft integration and test using flight-proven components from its launch vehicles and lunar landers.
Firefly Aerospace (Nasdaq: FLY) reported record Q2 2026 revenue of $117.7 million, up 659% year-over-year and 45.5% sequentially. Gross profit rose to $23.9 million, while the company recorded a net loss of $92.3 million ($0.57 per share) versus a $63.8 million loss a year earlier.
According to Firefly Aerospace, quarterly highlights included a $144 million NASA CLPS lunar lander contract, a $75 million NASA JPL MoonFall subcontract, acquisition of Space-ng, and multiple U.S. national security awards, including a $94 million Space Force radar digitization contract. Firefly completed an underwritten equity offering generating $181.6 million in net proceeds and ended June 30, 2026 with $459.8 million in cash and $175.4 million in short-term investments. The company guided 2026 full-year revenue to $420–$450 million.
Firefly Aerospace (Nasdaq: FLY) has extended its multi-launch agreement with Lockheed Martin by two years, enabling the use of its upgraded Alpha Block II rocket configuration for up to 25 dedicated launches through 2031.
According to Firefly Aerospace, Alpha Block II is designed to enhance manufacturability, reliability and responsiveness, supporting higher flight rates and meeting demand for dedicated launch services in the 1,000 kg payload class. The company says the upgrade broadens support for national security, tactically responsive space, hypersonic testing and commercial satellite missions. Firefly is also collaborating with Lockheed Martin and Seagate Space on sea-based launch concepts using Seagate’s Gateway offshore platform to provide rapid, flexible access to space from diverse locations.
Firefly Aerospace (Nasdaq: FLY) subsidiary SciTec, based in Boulder, Colorado, has been awarded a $93,704,410 firm-fixed-price other transaction agreement by U.S. Space Force Space Systems Command for ground-based radar digitization and modernization.
The program will develop a common architecture and design to upgrade ground-based radars, which SciTec says will enhance national defense, maintain operational advantage, and help minimize lifecycle costs.
Firefly Aerospace (Nasdaq: FLY) will release its second quarter 2026 financial results for the period ended June 30, 2026, on Tuesday, August 11, 2026, after market close. The company will host a conference call at 4:00 p.m. CT / 5:00 p.m. ET with a live webcast and replay available in the Investors section of its website, along with related news and supporting materials.
Firefly Aerospace (Nasdaq: FLY) received a $13 million NASA JPL subcontract to manufacture, test, and deliver the aeroshell (backshell and heatshield) for the SkyFall Mars mission, targeted for launch in late 2028.
The aeroshell will be developed in Firefly’s new Gloworks lab and built and tested at its Rocket Ranch in Texas using composite technologies from its Blue Ghost lunar landers, Elytra orbiters, and Alpha and Eclipse launch vehicles.
Firefly Aerospace (Nasdaq: FLY) received a $144 million NASA CLPS contract to deliver an accelerated Blue Ghost lunar lander mission targeted for 2028. The company plans to design, build, test, and deliver the mission in about two years, roughly half Mission 1’s timeline.
This will be Firefly’s sixth contracted lunar mission, using its flight-proven Blue Ghost design to provide repeatable lunar access. The lander will deliver three NASA science instruments to the Moon’s near side and is supported by expanded spacecraft production capacity near Austin, Texas.
Firefly Aerospace (Nasdaq: FLY) and SSC Space have completed critical milestones for orbital launches from Esrange Space Center in Sweden, including major infrastructure, regulatory frameworks, and an agreement with the Swedish Defense Materiel Administration.
Final pad construction at Launch Complex 3C is underway, with the first Alpha rocket launch targeted for 2028.
Firefly Aerospace (Nasdaq: FLY) announced the acquisition of Space-ng, an AI-powered vision navigation and autonomous guidance specialist.
Space-ng technology, used on Blue Ghost Mission 1 for hazard detection and precise lunar landing, will be integrated across Firefly’s Blue Ghost landers and Elytra orbital vehicles for lunar, Mars, and defense missions.
Firefly Aerospace (Nasdaq: FLY) announced that subsidiary SciTec received a $5.5 million U.S. Air Force contract option to deliver the operational data fusion system for the Cloud-Based Command and Control (CBC2) program.
The option stems from a $24 million 2024 award under the ABMS IDIQ and follows a multi-year competition where SciTec’s cloud-based system was chosen over multiple industry and government alternatives to support homeland defense for NORAD, USNORTHCOM, and PACAF.