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• Firefly Aerospace

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Firefly Aerospace

Firefly Aerospace, the Texas‑based developer of small launch vehicles, space tugs and the Blue Ghost lunar lander, quietly filed paperwork Friday to go public on Nasdaq under the symbol FLY. The move marks another entry in a rebounding IPO market that has seen recent debut filings from the likes of Figma and renewed optimism following strong transactions by Circle and Scale AI, despite earlier postponements by companies such as Klarna and StubHub amid tariff‑driven volatility. In its filing, Firefly reported that revenue leapt to roughly $55.9 million for the year ending March, more than six times the prior year’s $8.3 million, while its net loss widened slightly to $60.1 million. The company also disclosed a $1.1 billion backlog of bookings. Goldman Sachs, JPMorgan, Jefferies and Wells Fargo are leading the underwriting group.

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