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Firefly Aerospace Files for Nasdaq IPO Under Ticker FLY

The Texas-based firm intends to deploy proceeds to expand its launch capacity for responsive space missions.

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Overview

  • On July 11, 2025, Firefly filed a Form S-1 with the SEC to register its common stock for listing on the Nasdaq Global Market under the symbol FLY.
  • The number of shares to be offered and the IPO price range remain pending as Firefly prepares its preliminary prospectus.
  • Goldman Sachs, J.P. Morgan, Jefferies and Wells Fargo are lead bookrunning managers, joined by Morgan Stanley, Deutsche Bank Securities and Cantor, with Roth Capital Partners and Academy Securities as co-managers.
  • In Q1 2025, the company reported revenue of $55.9 million, a net loss of $60.1 million and a backlog of $1.1 billion in launch and spacecraft contracts.
  • Earlier this year, Firefly’s Blue Ghost lunar lander successfully touched down on the moon and the company remains the only commercial operator to orbit a satellite on roughly 24 hours’ notice.