Firefly Aerospace readies for a big year in orbit with $175M D round [TechCrunch]
L3Harris Technologies, Inc. (LHX)
Last l3harris technologies, inc. earnings: 2/4 06:30 am
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Source: TechCrunch
The $175 million Series D, which set Firefly's valuation at over $2 billion, apparently closed in less than two months in a show of faith in the company's new CEO — aerospace executive Jason Kim, who was installed in the position on October 1. Kim had previously led Boeing's satellite maker Millennium Space Systems. Firefly also plans to use some of the new capital to move to full rate production of its Alpha rocket and to accelerate development of the Medium Launch Vehicle it's co-developing with Northrop Grumman. Firefly has launched Alpha five times since September 2021, though only three of these successfully placed the payloads in orbit. The company set a new record with the third Alpha mission in September 2023; called Victus Nox, the mission demonstrated rapid launch capabilities, with Firefly launching the Alpha rocket just 27 hours after receiving the green light from the U.S. Space Force. (The company has been tapped for a second “rapid response” mission to launch next ye
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LHX
Earnings
- 10/24/24 - Beat
LHX
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- LHX's page on the SEC website