Market Incident

Public · Developing

AI compiled from Infoway · 8 analyzed stories

Firefly Aerospace Signs Rocket Engine Deal Valued at More Than $1.3 Billion with AST SpaceMobile

Firefly Aerospace signed a three-year agreement with AST SpaceMobile valued at more than $1.3 billion. Firefly will deliver 36 rocket engines, license the engine technology so AST can manufacture engines, and provide engineering support for AST’s new heavy-lift rocket. Firefly says the deal adds funds to accelerate its launch vehicle production.

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What happened

AST SpaceMobile plans to build a reusable Blacklift rocket that can carry up to five BlueBird satellites per flight. Firefly Aerospace agreed to supply engines and engineering support for the first three rockets, and to license engine technology to AST. AST targets a first launch in late 2028.

Global impact / market context

The plan aims to give AST more regular access to orbit for its satellite broadband network. The deal is worth more than $1.3 billion and includes cash and company shares, so it is a major commitment tied to a rocket that has not yet launched.

What to watch

  1. Check whether AST shares more about the Blacklift build plan, because the rocket is still planned, not flying.
  2. Check whether Firefly delivers the engines and engineering support for the first three rockets, because those are part of the deal.
  3. Check for updates to the late-2028 first-launch target, because the timing depends on completing the rocket.

Affected assets

  • AST SpaceMobile
  • Firefly Aerospace

Evidence