AE Industrial Partners (AEI), a US-based private equity firm specialising in aerospace, defence and government services, space, power and utility services, and specialty industrial markets, has led a USD75 million Series B financing round in Firefly Aerospace (Firefly), a specialist in economical launch vehicles, spacecraft, and in-space services.
The Series B investment will support Firefly’s next stage of growth by providing capital for future Alpha flights, the Blue Ghost Lunar Lander Program, and the development of additional launch and in-space solutions.
Concurrently, AEI completed its previously reported acquisition of Noosphere Venture Partners’ stake in the Company. The transaction values Firefly above its May 2021 Series A valuation of more than USD1 billion.
