Space startup Firefly valued at over $2 billion in latest funding round

Quick Summary:

:Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion, it said on Tuesday.

The Series D funding round included existing investors as well as new entities including GiantLeap Capital and Human Element.

Texas-based Firefly makes small and medium launch vehicles for commercial launches to the earth's orbit.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Mediacorp File Startup Commercial Funding First Experience Firefly Photo: Space

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 22:23:42 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 163 words

Reading Time: 1 minutes read

Sentences: 11 lines

Sentence Length: 15 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23555276

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