Firefly Aerospace Plans to Go Public Under Ticker FLY

Firefly Aerospace has filed a registration statement with the Securities and Exchange Commission for its proposed initial public offering.

The company said Friday it plans to list its common stock under the ticker symbol “FLY” on the Nasdaq Global Market.

Firefly has yet to disclose the number of shares to be offered and the price range for the IPO.

Goldman Sachs & Co., J.P. Morgan, Jefferies and Wells Fargo Securities serve as lead bookrunning managers for the proposed IPO.

Morgan Stanley, Deutsche Bank Securities and Cantor act as joint bookrunners in the proposed offering. Roth Capital Partners and Academy Securities will serve as co-managers.

Founded in 2017, Firefly Aerospace is a space and defense technology company that develops small- to medium-lift launch vehicles, lunar landers and orbital vehicles in support of government and commercial space missions.

Firefly Aerospace’s Launch Service Contracts With NASA

In March, the company secured a NASA launch service task order for the space agency’s Investigation of Convective Updrafts, or INCUS, mission that seeks to study the formation of tropical storms. The task order was awarded under the $300 million Venture-Class Acquisition of Dedicated and Rideshare contract.

Firefly will use its Alpha rocket to launch the INCUS mission as early as 2026 from the agency’s Wallops Flight Facility in Virginia.

In December, the space agency awarded Firefly a $179 million contract to deliver six scientific experiments and technology demonstrations to the lunar surface in 2028 under NASA’s Commercial Lunar Payload Services initiative.

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