FLY

Expanded cleanroom positions Firefly to scale production of its Blue Ghost landers and Elytra orbital vehicles amid growing mission demand Expanded cleanroom positions Firefly to scale production of its Blue Ghost landers and Elytra orbital vehicles amid growing mission demand

Firefly Aerospace is evolving into a vertically integrated space and defense platform, leveraging launch, lunar, orbital, and AI-driven defense capabilities. FLY's Alpha rocket is gaining international traction, notably with signed European launch contracts, while Eclipse's 2027 debut targets medium-lift and higher-value missions. The Elytra and Blue Ghost platforms are positioned to monetize lunar infrastructure and orbital logistics, expanding recurring, infrastructure-like revenue streams.

CEDAR PARK, Texas, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced a multi-launch agreement with SSC Space for two Alpha rocket launches from Sweden's Esrange Space Center, owned and operated by SSC Space.

Space Exploration Technologies Corp. (NASDAQ:SPCX) has redefined the launch business, flying at a pace no other company has matched. The company recently completed its 100th Falcon mission of 2026 following a record of 165 Falcon launches in 2025, underscoring its dominance in orbital launch services.

Firefly Aerospace presents intriguing upside in the commercial space sector, notably with its Alpha rocket targeting the small satellite launch market. FLY's fundamentals remain weak: deep negative free cash flow, high operating expenses, and a TTM Price/Sales ratio of 13.26, but rapid revenue growth and a $1.5B backlog provide promise. I see FLY as a high-risk, high-reward play best suited for risk capital, given technological hurdles, cash burn, and uncertain government funding.

Firefly Aerospace Inc. trading at a discount to peers amid strong quarterly results and robust backlog growth. The Q2 backlog surged to a record $1.5 billion supported by moon landing missions and Lockheed Martin launches, supporting a strong long-term growth trajectory. FLY's revenue guidance for 2026 remains $420–$450 million, with order timing causing quarterly volatility.

Space Exploration Technologies (NASDAQ:SPCX | SPCX Price Prediction) is the biggest IPO to hit the public market, and it's paved the way for one of the most active and choppy summers for the markets in a long time.

Hosted on Firefly's Blue Ghost lander, Zeno Power's payload will demonstrate nuclear energy capabilities to operate through extreme cold lunar temperatures Hosted on Firefly's Blue Ghost lander, Zeno Power's payload will demonstrate nuclear energy capabilities to operate through extreme cold lunar temperatures

Award enables Firefly to bid on payload processing facilities and services for NASA missions at Vandenberg Space Force Base Award enables Firefly to bid on payload processing facilities and services for NASA missions at Vandenberg Space Force Base

CEDAR PARK, Texas, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Firefly Aerospace  (Nasdaq: FLY), a market leading space and defense technology company, today announced a new contract with the Department of War's Defense Innovation Unit and Space Development Agency to complete a preliminary design review (PDR) for a mission providing deorbit services with Firefly's Elytra spacecraft. Once the PDR is complete, Firefly will be eligible to compete for the next phase of mission execution, including launch and spacecraft operations.