Mar 30, 2022

Austin-area-based Firefly Aerospace gets new owner, gears up for 2nd launch

Posted by in category: space travel

Firefly Aerospace has a new majority owner as the Central Texas-based aerospace company prepares for its second rocket launch.

AE Industrial Partners, a private equity firm, has acquired a majority stake in Firefly Aerospace, the company announced.

The Cedar-Park-based company also raised $75 million in a funding round led by AE Industrial Partners. Firefly said it now estimates its valuation at more than $1 billion.

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