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Business/Financial

AE Industrial Partners To Acquire Stake In Firefly Aerospace

By Cal Biesecker

Thursday, February 24th, 2022

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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…

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