Firefly Aerospace Inc., based in Cedar Park, Texas, specializes in space launch and landing capabilities. Founded in 2017, the company offers small- to medium-lift launch vehicles, lunar landers, and has the Blue Ghost lander that landed successfully on the moon in March 2025. Firefly has over 800 employees and claims agility in launching satellites within 24 hours. However, it currently operates at a loss, reporting $231.1 million in net loss for the year ending December 31, 2024, which is higher than the loss in the previous year. Firefly's IPO coincides with increased competition in the space sector, notably from SpaceX.
Firefly Aerospace Inc. is a space and defense technology company based in Cedar Park, Texas, specializing in space launch and landing capabilities, including small- to medium-lift launch vehicles and lunar landers.
Founded in 2017, Firefly operates at a loss, reporting a net loss of $231.1 million for the year ended December 31, 2024, which exceeded its previous year's loss of $135.5 million.
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