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Stock impact report

Space startup Firefly valued at over $2 billion in latest funding round [Yahoo! Finance]

L3Harris Technologies, Inc. (LHX) 
Last l3harris technologies, inc. earnings: 2/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Venture capital firms have been investing strongly in rocket makers and satellite manufacturers, marking a shift in the investment trend for such capital intensive businesses, Seraphim Space said in a report last month. Texas-based Firefly makes small and medium launch vehicles for commercial launches to the earth's orbit. It also offers on-orbit services through its Elytra line of orbital vehicles, providing hosting, rideshare, delivery and servicing missions. The startup is preparing for its first mission to the moon, dubbed Blue Ghost, as part of NASA's Commercial Lunar Payload Service initiative later this year. The Series D funding round at Firefly included existing investors as well as new entities, including GiantLeap Capital and Human Element. Firefly intends to utilize the fresh capital to enhance the market reach of its Elytra spacecraft, transition to full-scale production of its Alpha rocket, and expedite the hardware qualification for newly developing vehicles. Show less Read more
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