Firefly Aerospace Secures $175M in Series D Funding, Valuation Tops $2 Billion

The funding round, led by RPM Ventures, will support the expansion of Firefly's launch vehicle production and responsive space capabilities.

Firefly Aerospace has raised $175 million in a Series D funding round, increasing its valuation to over $2 billion.
The funding round was led by RPM Ventures, marking their first investment in the space sector, with participation from both existing and new investors.
Firefly plans to use the funds to ramp up production of its Alpha rocket and develop the Medium Launch Vehicle with Northrop Grumman.
The company is preparing for its first lunar mission, Blue Ghost, under NASA's Commercial Lunar Payload Services program later this year.
Firefly has secured significant contracts, including multi-launch agreements with Lockheed Martin and L3Harris, highlighting its growing role in responsive space missions.