Firefly Landed a $100 Million NASA Contract This Month — Here's What Else Happened
Firefly Aerospace Inc. (NASDAQ: FLY ) had a busy stretch this past month that included a new NASA contract, a lunar mission partnership and a fresh launch agreement. Firefly stock is gaining positive traction. Why is FLY stock trading higher? NASA Spacecraft Processing Contract On August 17, Firefly announced it was awarded a Spacecraft Processing Operations Contract from NASA, positioning the company to compete for task orders providing payload processing facilities and services for NASA missions launching from Vandenberg Space Force Base. The multiple-award contract, which also includes All Points Logistics, Blue Origin, and L3Harris Technologies, carries a total ceiling value of $100 million with an ordering period extending through February 2033. “Reliable access to space depends on more than rockets — it depends on the infrastructure that gets payloads ready to fly,” said Adam Oakes, Vice President of Launch at Firefly Aerospace. Blue Ghost Lunar Partnership Two days later, on August 19, Firefly announced it is onboarding Zeno Power to its upcoming Blue Ghost lunar mission to demonstrate radioisotope technologies designed to survive the lunar night. New Launch Agreement On Sep
Firefly Aerospace Inc. (NASDAQ: FLY ) had a busy stretch this past month that included a new NASA contract, a lunar mission partnership and a fresh launch agreement. Firefly stock is gaining positive traction. Why is FLY stock trading higher?
NASA Spacecraft Processing Contract On August 17, Firefly announced it was awarded a Spacecraft Processing Operations Contract from NASA, positioning the company to compete for task orders providing payload processing facilities and services for NASA missions launching from Vandenberg Space Force Base. The multiple-award contract, which also includes All Points Logistics, Blue Origin, and L3Harris Technologies, carries a total ceiling value of $100 million with an ordering period extending through February 2033.
“Reliable access to space depends on more than rockets — it depends on the infrastructure that gets payloads ready to fly,” said Adam Oakes, Vice President of Launch at Firefly Aerospace. Blue Ghost Lunar Partnership Two days later, on August 19, Firefly announced it is onboarding Zeno Power to its upcoming Blue Ghost lunar mission to demonstrate radioisotope technologies designed to survive the lunar night. New Launch Agreement On September 9, Firefly signed a multi-launch agreement with SSC Space for two Alpha rocket launches from Sweden’s Esrange Space Center. 60, according to data Pro.
Image via Shutterstock