Bill Weber, CEO of FireFly, said the company would use the new capital to advance a medium-lift spacecraft through a development partnership with Northrop Grumman (NYSE: NOC).
The investment could also support the construction of Alpha rocket manufacturing facilities in Cape Canaveral, Florida, according to the report.
AEI became FireFly’s controlling shareholder when the private equity firm bought a significant stake previously held by Noosphere Venture Partners, a transaction that gave the space transportation services provider a valuation of more than $1 billion.
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
