Launcher startup Firefly valued at $1B in 2 transactions: $75M Series A & Noosphere sale of $100M in equity

by Peter B. de Selding

PARIS — Startup smallsat launch service provider Firefly Aerospace Inc., whose Alpha rocket’s inaugural flight is within weeks, raised $75 million in Series A financing in transactions that include the sale of $100 million in Firefly equity by Firefly’s biggest shareholder, Noosphere Ventures.

The deals were concluded with an implied valuation of Firefly Aerospace of more than $1 billion, Firefly said.

Texas-based Firefly, which earlier this year said it was seeking $350 million in investment to cover the costs of its launch vehicles and other business, including . . .

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