Space
Firefly Aerospace Raises $175 Million in New Funding Round
- Rocket and spacecraft maker now boasts a $2 billion valuation
- Company is developing larger rocket with Northrop Grumman
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Firefly Aerospace Inc. has raised $175 million in a fresh round of funding, valuing the Texas rocket and spacecraft builder at more than $2 billion.
New investor RPM Ventures led the latest capital injection, part of a Series D funding round. Firefly Aerospace’s valuation is up from $1.8 billion after closing its last funding in November of 2023.