
Firefly Aerospace has raised $175 million in new venture capital that will help it boost production of a multi-mission orbital vehicle and its small lift rocket, and accelerate hardware qualification of a medium launch vehicle (MLV) the company is developing with Northrop Grumman [NOC]. The Series D funding round was led by RPM Ventures, a new investor, and included existing investors, and new backers GiantLeap Capital and Human Element. Some of the new capital will go toward expanding the market…