Overview

• Firefly entered a definitive agreement to acquire SciTec for about $855 million, comprising $300 million in cash and $555 million in shares issued at $50 each.
• SciTec’s software, remote sensing, and low-latency AI processing for missile warning, tracking, ISR, space domain awareness, and autonomous command-and-control will be integrated with Firefly’s launch, lunar, and in‑space services.
• Upon closing, SciTec will operate as a Firefly subsidiary led by CEO Jim Lisowski, who will report to Firefly CEO Jason Kim.
• SciTec reported roughly $164 million in revenue for the twelve months ending June 30, 2025, and secured a $259 million U.S. Space Force FORGE contract earlier this year.
• Closing is targeted by year-end 2025 pending regulatory approvals, with Goldman Sachs and Kirkland & Ellis advising Firefly and Baird and Cooley advising SciTec; the deal follows Firefly’s recent Nasdaq debut that valued the company at about $9.84 billion.