Firefly Aerospace increased backlog to $1.3 billion by July’s end and strengthened balance sheet. The FAA cleared Alpha for return to flight. The company’s CEO highlighted success in Blue Ghost Mission 1 and future NASA initiatives. Notable contracts were announced with United Arab Emirates and the U.S. Department of Defense. Alpha launches from Sweden’s Esrange Space Center were cleared with a signed agreement. Northrop Grumman invested $50 million in Firefly’s Eclipse launch vehicle partnership.

Firefly Aerospace issued financial results for Q2 2025, following its IPO. The company raised $933.1 million in net proceeds and listed on Nasdaq. Subsequent contracts, including Blue Ghost Mission 4 worth $176.7 million, increased the total backlog to approximately $1.3 billion. The Miranda engine underwent 95 hot fire tests for the debut launch of Eclipse expected next year. The FAA cleared Alpha’s Return to Flight determination, with the next launch window in progress. NASA awarded a $10 million contract addendum for additional lunar data collection beyond Blue Ghost Mission 1’s requirements.

Firefly Aerospace expects full-year revenue for 2025 to be between $133 million and $145 million. The company is ramping up its flight cadence to meet demand for launch services. A conference call will be held to discuss financial results and full-year outlook. Firefly Aerospace is a leading space and defense technology company providing launch, land, and operation services in space. Firefly’s innovative technologies enable rapid innovation and reliable missions from low Earth orbit to the Moon and beyond.

Read more at GlobeNewswire: Firefly Aerospace Announces Second Quarter 2025 Financial