Firefly increases vehicle production even as launches lag

Firefly increases vehicle production even as launches lag

Firefly Aerospace says it is seeing strong interest in its launch vehicles and is ramping up production, but those efforts have yet to translate into an increased launch rate. The post Firefly increases vehicle production even as launches lag appeared first on SpaceNews.

Firefly Announces Record Q2 Results

Firefly Aerospace ($FLY) posted its first-ever $100M+ quarter on Tuesday, backed by a fresh slate of launch and defense announcements.  It was a record quarter for the company, which reported $117.7M in revenue, up 45.5% from the prior quarter.  Firefly expects full-year 2026 revenue to land between $420M and $450M.  On the Q2 earnings call, Firefly CFO Darren Ma said 95% of second-half revenue is already booked. Management also pointed to a re…

Firefly extends Lockheed Martin launch agreement through 2031 for up to 25 Alpha Block II missions and sea-based operations

The upgraded Alpha Block II configuration is designed to improve manufacturability, reliability and production rates while supporting a higher flight cadence. Firefly said the vehicle is intended to address demand for dedicated launch services in the 1,000-kilogram payload class. “This extension reflects Firefly’s continued support to Lockheed Martin and their critical missions anchored by our Block II configuration, which is the next evolution …