Firefly Aerospace has agreed to acquire SciTec for $855 million, combining its launch, lunar, and on-orbit services with SciTec's mission software, rapid data processing, and low-latency AI systems. The deal aims to enhance Firefly's delivery of integrated software-defined offerings for critical defense programs and broaden its role across U.S. intelligence and military customers. SciTec generated $164 million in revenue for the 12 months ended June 30, 2025.
Firefly Aerospace has announced its acquisition of SciTec for $855 million, a move aimed at enhancing its capabilities in delivering integrated software-defined solutions for critical defense programs. The deal, which includes $300 million in cash and $555 million in Firefly stock, will see SciTec's mission software, rapid data processing, and low-latency AI systems integrated with Firefly's existing launch, lunar, and on-orbit services.
SciTec, based in Princeton, New Jersey, has generated approximately $164 million in revenue for the 12 months ended June 30, 2025. The acquisition is expected to close by the end of 2025. Firefly's Chief Executive, Jason Kim, stated that the acquisition will provide a significant operational advantage, particularly in the areas of software analytics and big data processing. SciTec's capabilities in ground and onboard data processing, as well as its AI-enabled systems for advanced threat tracking and response, are expected to significantly enhance Firefly's ability to support a growing number of defense missions, including the U.S. homeland missile defense strategy known as Golden Dome.
The acquisition follows a series of strategic moves by Firefly to expand its role in the U.S. intelligence and military sectors. SciTec's existing contracts with various defense and national security agencies, including a $259 million contract by the U.S. Space Force, will be integrated into Firefly's portfolio. This move is expected to position Firefly as a key player in the growing market for advanced defense technologies.
The acquisition is a significant step for Firefly, which has been focusing on developing its capabilities in space and defense technologies. By integrating SciTec's advanced systems, Firefly aims to provide more comprehensive and integrated solutions to its defense customers. The deal is expected to enhance Firefly's competitive position and open up new opportunities in the defense and intelligence sectors.
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