AE Industrial Partners (AEI), a US-based private equity firm specialising in aerospace, defence & government services, space, power and utility services, and specialty industrial markets, has reached a definitive agreement to acquire a significant stake in Firefly Aerospace (Firefly), an specialist in economical launch vehicles, spacecraft, and in-space services, from Noosphere Venture Partners (Noosphere).
Transaction closing is subject to the satisfaction of regulatory approvals, including Hart-Scott-Rodino (HSR) clearance. Other terms of the deal have not been disclosed.