Firefly Aerospace Signs Rocket Engine Deal Worth More Than $1.3 Billion With AST SpaceMobile

Bitget2026/11/06 12:32

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Firefly Aerospace signed a three-year agreement worth more than $1.3 billion to supply rocket engines to AST SpaceMobile.
Deliveries comprise 27 Miranda engines and nine Vira engines for AST SpaceMobile's first three heavy-lift rockets.
The agreement includes engineering support and engine manufacturing rights for AST SpaceMobile; Firefly retains full ownership of the engine intellectual property.
Payment comprises cash and shares of AST Class A Common Stock, with the shares subject to various lock-up periods.
Proceeds will accelerate Firefly's launch vehicle production through expanded hiring, equipment purchases and additional testing infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firefly Aerospace Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611060730PRIMZONEFULLFEED9872109) on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Firefly Aerospace Signs Rocket Engine Deal Worth More Than $1.3 Billion With AST SpaceMobile

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