Market News AIOpen the app

Firefly Aerospace has a new deal to provide 36 rocket engines to AST SpaceMobile worth over $1.3 billion.

DealRead the original at moomoo.com
Good for FLY

Firefly signed a 3-year engine deal worth over $1.3 billion for 36 engines. It funds Firefly's own rocket plans, and Firefly keeps the designs despite AST's perpetual right to make engines.

FLY · Firefly Aerospace

AI read · Good for FLY

The AI's read

The deal gives Firefly a customer commitment and money to speed up its own launch vehicle work. AST can make the engines under a perpetual license, but Firefly keeps ownership of the engine designs and will provide ongoing engineering help. The stated funding for Firefly's own plans makes the positives stronger.

Get alerts for FLY

Follow Firefly Aerospace (FLY) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for FLY
Free on the App Store and Google Play, or on the web.