Firefly Aerospace is acquiring national security tech firm SciTec for $855 million, enhancing its space services by integrating SciTec's defense software analytics into its systems. The deal will bolster Firefly's existing launch, lunar, and in-space services and strengthen its position in the lucrative military-space prospects. Firefly's shares surged 55.6% in its Nasdaq debut in August, securing a valuation of $9.84 billion.
Firefly Aerospace has announced a significant acquisition to bolster its space services. The company is set to acquire national security technology firm SciTec for approximately $855 million. The deal, which will be funded through a combination of $300 million in cash and $555 million in Firefly shares, is expected to close by the end of 2025
Firefly Aerospace Shares Takes Off on $855 Million Acquisition of SciTec[1].
The acquisition of SciTec, based in Princeton, New Jersey, will enhance Firefly's capabilities in space services. SciTec's core competencies in defense software analytics, missile warning, tracking, and defense will be integrated into Firefly's existing launch, lunar, and in-space services. This move is set to strengthen Firefly's position in the lucrative military-space sector
Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec[2].
Firefly's Chief Executive, Jason Kim, highlighted the strategic importance of the acquisition, noting that it will significantly enhance the company's ability to support a growing number of defense missions. SciTec's artificial intelligence-enabled systems for advanced threat tracking and response across multiple domains will provide Firefly with a significant operational advantage
Firefly Aerospace Shares Takes Off on $855 Million Acquisition of SciTec[1].
The acquisition aligns with Firefly's growth trajectory, which includes a successful Nasdaq debut in August 2025. The company's shares surged 55.6%, securing a valuation of $9.84 billion. This strong performance has drawn significant investor interest, particularly in the expanding U.S. space and defense program
Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec[2].
The deal comes at a time when geopolitical tensions and deteriorating international relations have put a spotlight on space and defense contractors. By integrating SciTec's capabilities, Firefly aims to strengthen its competitive edge and capitalize on the growing demand for advanced space technologies
Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec[2].
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