Tag Archives: funding round

Launch Vehicle Developer Firefly Aerospace Looks to Raise $350M in Funding Round; Tom Markusic Quoted

Tom Markusic CEO Firefly Aerospace

Firefly Aerospace plans to raise $350 million in funds to ramp up production, advance long-term growth initiatives and further develop a larger launch vehicle, SpaceNews reported Wednesday. Tom Markusic, CEO of Firefly Aerospace, said the company would use $125 million of the funds to support “product enhancements” such as tooling and facilities to scale up the production of its launch vehicles.

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