Founded Year

2017

Stage

Corporate Minority | Alive

Total Raised

$708.45M

Last Raised

$50M | 1 mo ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+35 points in the past 30 days

About Firefly Aerospace

Firefly Aerospace focuses on end-to-end space transportation within the aerospace industry. The company offers a range of services, including the launch of small- to medium-lift vehicles, lunar landers, and orbital vehicles designed to deliver payloads to the lunar surface and provide on-orbit servicing. Its services cater to government and commercial customers seeking affordable, responsive, and reliable access to space. Firefly Aerospace was formerly known as Firefly Space Systems. It was founded in 2017 and is based in Cedar Park, Texas.

Headquarters Location

1320 Arrow Point Drive Suite 109

Cedar Park, Texas, 78613,

United States

512-277-6959

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ESPs containing Firefly Aerospace

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Defense Tech

The space launch systems (SLSs) market develops and operates vehicles capable of delivering payloads into space. These systems include both expendable launch vehicles (ELVs) and reusable launch vehicles (RLVs) designed to meet specific requirements of government agencies, commercial entities, and scientific research institutions. The market encompasses various solutions including small satellite l…

Firefly Aerospace named as Leader among 15 other companies, including SpaceX, Boeing, and Northrop Grumman.

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Expert Collections containing Firefly Aerospace

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Firefly Aerospace is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,276 items

C

Conference Exhibitors

5,302 items

A

Aerospace & Space Tech

3,824 items

These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between

D

Defense Tech

1,061 items

Defense tech is a broad field that encompasses everything from weapons systems and equipment to geospatial intelligence and robotics. Company categorization is not mutually exclusive.

Firefly Aerospace Patents

Firefly Aerospace has filed 7 patents.

The 3 most popular patent topics include:

  • rocket engines
  • rocket propulsion
  • spacecraft propulsion
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/24/2020

12/19/2023

Spacecraft propulsion, Rocket propulsion, Rocket engines, Engine technology, Aerodynamics

Grant

Application Date

4/24/2020

Grant Date

12/19/2023

Title

Related Topics

Spacecraft propulsion, Rocket propulsion, Rocket engines, Engine technology, Aerodynamics

Status

Grant

Latest Firefly Aerospace News

Europe looks to Nordic space race to scale back US dependence

Jul 10, 2025

Sign up now: Get ST's newsletters delivered to your inbox Follow topic: Updated Jul 10, 2025, 02:33 PM KIRUNA, Sweden - Two small spaceports in the far north of Sweden and Norway are racing to launch the first satellites from mainland Europe into space as the region looks to reduce its reliance on U.S. players. U.S. President Donald Trump's "America First" policies and the war in Ukraine have prompted Europe to ramp up its independent capabilities in a variety of areas, including defence and space operations. Amid fears that Elon Musk - Trump's one-time ally - could limit Ukraine's access to SpaceX's 7,000 Starlink satellites that are vital for the country's communications, Europe has been rushing to find alternatives. But there's a mountain to climb. In 2024, the U.S. carried out 154 launches of hardware into orbit, while Europe managed just three. Out of $143 billion in global public investment in space ventures last year, Europe accounted for only 10%, an EU study shows. The trend towards lower Earth orbit satellites - which are cheaper and offer better connections but need to be deployed in larger numbers to maximise coverage - also poses challenges. A Goldman Sachs report estimates that 70,000 LEO satellites could be launched in the next five years, a tenfold increase. "We've lost (in) competition to, let's say, Elon Musk ... and definitely we need to have our (own) autonomous launching possibilities," Andrius Kubilius, European Commissioner for Defence and Space, told Reuters. "That's why the development of launching possibilities on the European continent, both in Sweden and Norway, is very important." Europe's only spaceport is in French Guiana, South America, some 7,000 kilometres (4,350 miles) from Paris. Europe successfully launched its new Ariane 6 rocket from there earlier this year, more than 10 years after it was commissioned and five years later than originally planned. While it can carry a bigger payload per rocket than SpaceX's Falcon 9, Ariane 6 is not reusable and has a higher cost per launch. It is also not nearly enough to meet Europe's commercial and military needs in coming years. That's where the budding Nordic spaceports come in. RARE ADVANTAGE Situated 200 kilometres above the Arctic circle, near where the borders of Sweden, Finland, Norway and Russia converge, the Esrange Space Centre is unusual in Europe in offering 5,200 square kilometres (2,008 square miles) of uninhabited land. Surrounded by boglands, rivers and with the snow-clad peaks of Sweden's tallest mountain in the distance, Esrange is close to Kiruna, home to one of the world's largest underground iron ore mines, providing ready access to railroads and an airport. The area, more than three times the size of London, is shared only by the spaceport and the reindeer herds of Sweden's indigenous Sami, making it suitable for recovering rocket parts. It has little light pollution and is easy to close to air traffic. "It is unique, having a large land-based area such as the one we have here," said Lennart Poromaa, head of the Esrange Space Center, which has about 130 employees. Esrange, part of the state-owned Swedish Space Corporation, was established in 1964 and launched its first sounding rocket - a research rocket that does not go into orbit - a couple of years later. It was inaugurated as mainland Europe's first orbital launch site by European Commission President Ursula von der Leyen in 2023. Preparations for orbital launches are well underway, with a new set of bigger launch pads, hangars and research facilities being readied. https://www.datawrapper.de/_/GqkUg/?v=2 Together with Andoya Spaceport, an island base in northern Norway, it represents Europe's best hope of securing independent access to space in the coming years. Andoya is majority-owned by the Norwegian state, with defence firm Kongsberg holding a 10% stake. In March, Andoya conducted the first test launch of a small rocket made by German startup ISAR Aerospace that can carry a payload of around 1,000 kilograms (2,205 pounds). It flew for 30 seconds before falling into the sea in what was deemed a success. Daniel Metzler, CEO and co-founder of ISAR, said interest from defence ministries in the last six months had been huge and that ISAR's flights were being filled for the coming years, even before a first successful orbital launch. "Frankly, I think probably the biggest driver was Trump getting elected once again. And as such, Trump probably did more for European defence than any European politician before him. It really created a huge sense of urgency," he said. ISAR is aiming for the first commercial flights to take place next year. AGGRESSIVE TIMELINES Andoya, visited by a NATO delegation this month, has a licence for 30 launches per year. Esrange has not set a fixed target but will also fill an important need for NATO in providing rapid launch capacity. Unlike Andoya, Esrange has opted for existing hardware, signing contracts with U.S. rocket manufacturer Firefly and South Korea's Perigee, giving it multiple potential options. Firefly, which plans to launch from Esrange from 2026, has a rapid response service that aims to be able to send rockets into space at 24 hours' notice to meet urgent needs, such as replacing a failing satellite. "I think Europe needs to look at similar or even more aggressive timelines," a NATO official told Reuters, speaking on condition of anonymity. All of the rocket suppliers are developing partially reusable rockets, with ISAR's due to be tested at Esrange. But there is much work to do across the board. "You need to get all the technical systems in place and then there will be quite a lot of testing and trialling," said Esrange's Poromaa. "Within a year or so, we'll probably have the entire base ready." REUTERS See more on

Firefly Aerospace Frequently Asked Questions (FAQ)

  • When was Firefly Aerospace founded?

    Firefly Aerospace was founded in 2017.

  • Where is Firefly Aerospace's headquarters?

    Firefly Aerospace's headquarters is located at 1320 Arrow Point Drive, Cedar Park.

  • What is Firefly Aerospace's latest funding round?

    Firefly Aerospace's latest funding round is Corporate Minority.

  • How much did Firefly Aerospace raise?

    Firefly Aerospace raised a total of $708.45M.

  • Who are the investors of Firefly Aerospace?

    Investors of Firefly Aerospace include Northrop Grumman, Texas Space Commission, RPM Ventures, Giantleap Capital, Human Element and 15 more.

  • Who are Firefly Aerospace's competitors?

    Competitors of Firefly Aerospace include Voyager and 8 more.

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Compare Firefly Aerospace to Competitors

O
Orbital ATK

Orbital ATK focuses on aerospace and defense and provides systems and services for space-related applications. The company offers a range of products, including space launch vehicles, satellite components, and missile defense systems. Orbital ATK serves various sectors, including government and commercial space and defense markets. Orbital ATK was formerly known as Orbital ATK. It was founded in 2015 and is based in Dulles, Virginia. Orbital ATK operates as a subsidiary of Northrop Grumman.

SpaceX Logo
SpaceX

SpaceX specializes in the design, manufacture, and launch of rockets and spacecraft in the aerospace industry. Its offerings include launch services for payloads like satellites and cargo, as well as the development of spacecraft for human spaceflight. The company serves sectors such as government space agencies and commercial satellite operators. It was founded in 2002 and is based in Hawthorne, California.

Blue Origin Logo
Blue Origin

Blue Origin specializes in aerospace and spaceflight services, focusing on controlling the cost of access to space. It designs and manufactures reusable rocket engines, launch vehicles, in-space systems, and lunar landers to facilitate space exploration and development. Its primary market includes government and commercial entities in the space exploration and satellite deployment sectors. It was founded in 2000 and is based in Kent, Washington.

United Launch Alliance Logo
United Launch Alliance

United Launch Alliance specializes in space launch services, providing reliable access to space with a focus on advanced rocket technology. The company offers a range of rockets, including the next-generation Vulcan, as well as the Atlas V, Delta IV, and Delta II, which are designed to deliver payloads into orbit with precision and reliability. United Launch Alliance primarily serves the needs of commercial spaceflight, national defense, and scientific research sectors. It was founded in 2006 and is based in Englewood, Colorado.

Q
Qosmosys

Qosmosys is involved in space technology with a focus on developing infrastructure services for the lunar economy. The company is working on the ZeusX spacecraft, which is intended for cislunar operations and lunar surface missions. Qosmosys provides services including data transmission, resource production, and transportation to the Moon for organizations interested in lunar exploration. It was founded in 2020 and is based in Singapore, Singapore.

L
Lunar Resources

Lunar Resources focuses on space industrialization and off-earth resource extraction within the aerospace industry. The company specializes in developing technologies for space manufacturing, lunar resource extraction, and in-situ resource utilization to support the large-scale commercialization of space. Lunar Resources primarily serves sectors involved in space exploration and development, such as aerospace manufacturing and satellite maintenance. It was founded in 2019 and is based in Houston, Texas.

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