:

Business/Financial

Firefly Aerospace Gathers $300 Million In New Financing

By Cal Biesecker

Monday, November 13th, 2023

SHARE:

Firefly Aerospace Gathers $300 Million In New Financing

Firefly Aerospace Alpha launch vehicle on the pad. Photo: Firefly Aerospace

Firefly Aerospace last week said it has raised about $300 million in the past eight months, adding that it is generating additional interest from investors following the startup’s successful tactical responsive space launch mission in September. The latest Series C round is being led by existing investors that include the private equity firm AE Industrial Partners, and new investors, including Mitsui & Co. Ltd. “We have been successful at raising funds at an increased valuation in this challenging capital markets…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

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 […]