:

Business/Financial

AE Industrial Partners To Acquire Stake In Firefly Aerospace

By Cal Biesecker

Thursday, February 24th, 2022

SHARE:

AE Industrial Partners To Acquire Stake In Firefly Aerospace

First stage of Firefly Aerospace's Alpha launch vehicle. Photo: Firefly Aerospace

The private equity firm AE Industrial Partners (AEI) on Thursday said it has agreed to acquire a “significant stake” in Firefly Aerospace, a deal that would add to its portfolio in the space market. Terms of the deal, which requires approval by U.S. regulators, were not disclosed. AEI is acquiring the stake from Noosphere Venture Partners, an investment firm with a portfolio of space-related companies. Noosephere acquired Firefly in 2017. Firefly, which is based in Texas, is developing a space…

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]