Firefly Aerospace secures $1.3 billion deal to supply rocket engines to AST SpaceMobile
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New informationRepeats or wire copies
What happened
Firefly Aerospace announced a three-year agreement with AST SpaceMobile worth over $1.3 billion. Under the deal, Firefly will supply 36 rocket engines, including Miranda and Vira variants, for AST SpaceMobile’s new heavy-lift rocket. The agreement also grants AST SpaceMobile a license to manufacture the engines and provides engineering support.
Why it matters
The partnership provides Firefly Aerospace with additional funds to accelerate its launch vehicle production and technology roadmap. For AST SpaceMobile, the deal helps reduce its reliance on third-party launch providers, such as SpaceX, as it develops its own Blacklift rocket.
Who's involved
- Firefly AerospaceSupplies rocket engines and grants licensing to AST SpaceMobile for its heavy-lift rocket.
- AST SpaceMobileIs developing a heavy-lift rocket and securing engine supply from Firefly Aerospace.
- SpaceXIs a third-party launch provider that AST SpaceMobile is working to reduce reliance on.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AST SpaceMobileSpeculative
Could accelerate its production and reduce costs by securing the $1.3 billion engine supply contract and IP license from Firefly Aerospace.
- Firefly AerospaceSpeculative
Could accelerate its launch vehicle production and technology roadmap due to the direct $1.3 billion contract.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- AST SpaceMobile's new engine deal intensifies LEO competition for StarlinkIncreased competition in the LEO satellite broadband market may challenge Starlink.Possible
- Firefly's boosted production may accelerate defense contracts with Lockheed MartinFirefly's boosted production may accelerate defense contracts with Lockheed MartinPossible
- Major aerospace deal could boost investor confidence on NasdaqMajor aerospace deal could boost investor confidence and trading activity on Nasdaq.Possible
- Firefly's new funding and capacity may intensify competition for SpaceXIncreased competitive pressure may mount on SpaceX from Firefly Aerospace.Possible
- AST SpaceMobile's new engine deal may reduce reliance on FalconFalcon may face reduced demand as AST SpaceMobile builds its own heavy-lift rocketPossible
How it developed
Newest first. Tap a step to see who reported it.Firefly Aerospace partners with AST SpaceMobile to supply rocket engines.1 source
Firefly is supplying propulsion systems to AST, helping the company reduce reliance on external providers.1 source
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The entities involved
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Firefly Aerospace
private aerospace firm based in US
Nothing else this week.
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AST SpaceMobile
American satellite manufacturer