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Firefly wins $1.3B deal
Firefly Aerospace won a $1.3 billion contract to manufacture and supply engines for the Black Lift rockets being developed by AST SpaceMobile, with the aim of reducing AST’s reliance on other launch providers. The deal covers 27 Miranda engines and nine Vera engines for the first three rockets, and grants AST a license to manufacture the engines in the future. The company is targeting Black Lift’s first launch in late 2028. The rocket is designed to be reusable and carry up to five BlueBird satellites per launch. Following the announcement, Firefly shares rose about 18%, while AST shares gained about 1%.
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