Firefly Aerospace rakes in more cash as competitors struggle for footing

Quick Summary:

The Series D fundraising round was "oversubscribed" and netted Firefly $175 million.

He replaced Bill Weber, who resigned as chief executive after reports of an alleged inappropriate relationship with a female employee.

This diversification is proving attractive to investors.

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Article Details

Author / Journalist: Stephen Clark

Category: Technology

Markets: United StatesGermanyNorwayUkraine

Topics: Medium launch vehicle Science Commercial space Space Launch Firefly Aerospace Alpha

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 16:20:03 (19 hours ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 191 words

Reading Time: 2 minutes read

Sentences: 56 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 23573940

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Official Website: arstechnica.com

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News Last Updated: 12 hours ago

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