Firefly Aerospace, a 10-year-old Cedar Park, TX-based launch and spacecraft company, agreed to acquire SciTec, a 17-year-old Princeton, NJ-based defense analytics firm specializing in missile-warning and space domain awareness systems, for about $855 million in cash and stock. https://lnkd.in/g_7VG3d9
Firefly Aerospace to acquire SciTec for $855M in cash and stock
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Firefly Aerospace is expanding its defense ambitions with an $855 million acquisition of defense analytics firm SciTec, which specializes in missile-warning and tracking systems, space domain awareness, and defense intelligence tools. The deal, consisting of $300 million in cash and $555 million in new shares, follows Firefly’s nearly $10 billion IPO and underscores its shift from a launch and spacecraft manufacturer to a vertically integrated defense contractor. Once the transaction closes later this year, SciTec will continue operating as a subsidiary of Firefly under the leadership of its current CEO, James Lisowski . SALE PRICE: $855,000,000 Firefly Aerospace HQ: #CedarPark #Texas SciTec HQ: #Princeton #NewJersey #VentureCapital #FireflyAerospace #SciTec #TradedVC
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U.S.-based space technology company Firefly Aerospace is acquiring SciTec, a developer of defense and intelligence technologies, in a deal valued at approximately $855 million. Following the acquisition, SciTec will continue its operations under the Firefly Aerospace umbrella.
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Firefly Aerospace Strengthens Defense Capabilities with $855M Acquisition of SciTec Firefly Aerospace has entered into a definitive agreement to acquire SciTec, Inc. , a leader in advanced national security technologies, in a transaction valued at approximately $855 million. The deal includes $300 million in cash and $555 million in Firefly shares issued at $50 per share. The acquisition will expand Firefly’s defense and space operations by integrating SciTec’s mission-proven software analytics, AI-enabled data processing, and multi-domain threat tracking capabilities. These tools will enhance Firefly’s growing portfolio of launch, lunar, and in-space services, enabling more responsive and software-defined defense missions. With strong contracts supporting U.S. defense and intelligence agencies, including a recent $259 million Space Force award, SciTec brings critical expertise in missile warning and tracking, ISR, and space domain awareness. Once the acquisition closes later this year, SciTec will continue operating as a Firefly subsidiary under current CEO James Lisowski. This marks a major milestone for Firefly as it continues to scale from commercial launch and lunar missions to fully integrated national security solutions. Image Credits: Firefly Aeropsace --- For more Aero/Space News and Insights follow Telemetry Today #SpaceTech #DefenseInnovation #FireflyAerospace #SciTec #MergersAndAcquisitions #NationalSecurity #Aerospace #AI #SpaceIndustry
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🇺🇸🛰️ Sierra Space has cleared a major engineering step for its missile-tracking satellites under the US Space Development Agency’s (SDA) Tranche 2 program, moving the project closer to production. The company announced it has completed the critical design review for 18 satellites being built for SDA’s tracking layer. The review confirmed the design is mature enough to move into full assembly, integration, and testing. Each satellite will carry infrared sensors to detect and track ballistic and hypersonic missiles. The spacecraft are divided into two orbital planes, with each hosting multiple warning and tracking sensors, as well as one dedicated missile defense sensor.
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Firefly Aerospace is making a bold move into national security by acquiring SciTec for $855M. This signals a growing trend of space companies deepening ties with defense. How will this reshape the industry? Source: TechCrunch 🚀🤔
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Firefly Aerospace acquires SciTec for $855 million to expand missile tracking, surveillance, and defense-focused space technologies. #defensetechnologymerger #Firefly #FireflyAerospaceSciTecacquisition #FireflyIPO #global #militaryspaceexpansion #missilewarningsystems #nationalsecurityspacetech #News #satellitesurveillance #spacebasedmissiletracking
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Firefly leans into its defense ambitions with $855M SciTec acquisition: Firefly Aerospace has agreed to buy defense analytics firm SciTec for about $855 million in cash and stock as the company tries to push deeper into the national security market. #Space #defensetech #FireflyAerospace #InBrief 💡IdeaFire™️🔥
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Firefly Aerospace is looking at both its spacecraft and launch businesses as potential ways to secure a share of the space-based interceptor market emerging from the Pentagon’s #GoldenDome effort. https://bit.ly/46BlJWa #FireflyAerospace #NorthropGrumman Northrop Grumman
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Like smart-home security for space, Lockheed Martin’s 21 T1TL satellites join SDA’s PWSA to deliver resilient, low-latency data and Link‑16 sensor-to-shooter links. Built digital-first—factory twins, 3D mockups, and automated 24/7 testing—they speed affordable small-sat production. “These Transport Layer satellites will deliver resilient, low‑latency global military data, including Link‑16, and we’re accelerating delivery by using our space heritage to build common, affordable, scalable small satellites,” said Adrian Cuadra, Transport Layer Programs Director, Lockheed Martin. https://lnkd.in/gDyyr_x7
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VORAGO Technologies’ VA41630 radiation-hardened microcontroller has earned DLA QML certification, validating its performance in extreme environments and strengthening its role as a trusted supplier for aerospace, defense, and space missions. VORAGO Technologies #Radiationhardenedmicrocontroller #VA41630microcontroller #DLAQMLcertification #Spacegradeelectronics #Aerospacesemiconductors #Defensesystemstechnology #QualifiedPartsList #RadiationHardnessAssurance #RHA #Spaceelectronicsreliability #LatestElectronicsNews https://lnkd.in/gZNrmXhT
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