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Firefly Aerospace Announces New Contract To Complete Preliminary Design Review For Mission Providing Deorbit Services With Firefly’s Elytra Spacecraft

Aug 13, 2026 · 04:22 PM ET· updated 1h ago

Firefly Aerospace (NASDAQ:FLY), a market leading space and defense technology company, today announced a new contract with the Department of War’s Defense Innovation Unit and Space Development Agency to complete a

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Why It Matters

Firefly Aerospace won a contract to design a spacecraft that removes old satellites from space. This shows the government believes in Firefly's ideas, which is a good sign the company is moving forward with its plans.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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