Firefly Aerospace Signs Rocket Engine Deal Valued at More Than $1.3 Billion with AST SpaceMobile
AST SpaceMobile signed a three-year agreement worth more than $1.3 billion with Firefly Aerospace for 36 rocket engines (27 Miranda and 9 Vira), a license to the engine intellectual property, and engineering support for its new heavy-lift rocket. Payment consists of cash and shares of AST Class A Common Stock, with the stock portion subject to various lock-up periods.
Key figures
- Deal Value Usd
- $1.3 billion
- Vira engines
- 9
- Engines total
- 36
- Miranda engines
- 27
- Miranda thrust lbf
- 230000
- Agreement term years
- 3
AI analysis
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