Firefly Aerospace Inc, a US rocket and space company, with deep Ukrainian roots, plans to raise $350 million to scale up production and work on a medium-class launch vehicle.
Firefly’s CEO Tom Markusic: “In the next five years, we want to take Firefly from a $1 billion company when we go out and fly Alpha. By developing Beta, a medium-class launch vehicle, Firefly aims in five years to become “a $10 billion company.”
Owned by Ukrainian-American entrepreneur Max Polyakov and his investment fund, Noosphere Ventures, Firefly hopes to launch its Alpha rocket this spring from Vandenberg Air Force Base in California.