Home » Business » The Ukrainian space company is already worth $2 billion: what does it do?

The Ukrainian space company is already worth $2 billion: what does it do?

Lucky all around

The space company Firefly Aerospace has closed its Series D. He managed to raise $175 million, reports Channel 24 with reference to it ain.ua.

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This brought the company’s valuation to $2 billion. Venture capital firm RPM Ventures, which led the round, is a new investor in Firefly Aerospace. The same goes for GiantLeap Capital and Human Element.

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What will the money raised be spent on?

As stated on the company’s website, the money will be used to expand the market with the Elytra spacecraft, as well as to expand the production of the Alpha launch vehicle. They also plan to speed up equipment certification for new missiles currently under development.

According to Firefly Aerospace Chairman Kirk Kohnert, 2025 will “redefine the industry and make history.” Among its plans to land a commercial tourist on the Moon, the company is already ready to launch the first Blue Ghost mission as part of NASA’s campaign for commercial flights to the Moon. Moon.

2024-11-17 19:12:00
#Ukrainian #space #company #worth #billion
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⁤Interview⁣ Section 1: Overview of the Company ​and Funding Success

Host: Can you introduce yourselves and your ‍respective roles in the⁣ Firefly Aerospace team?

Guest 1: I’m Maria, the head of investor relations at Firefly Aerospace. It’s exciting to talk about our recent funding success!

Guest ‍2:⁤ And I’m Peter, the CEO ⁣of⁣ Firefly Aerospace. Thank you for having us today.

Host: Absolutely! Can⁢ you tell us more about the company’s background and what Firefly Aerospace does?

Guest 1: Firefly ⁤Aerospace is a space⁢ exploration and technology company. We design, manufacture and ‍operate small launch vehicles and ⁣spacecraft that offer affordable and‍ versatile solutions across civil, commercial and national security ‍markets. We’re based in the US, but have a strong global presence, especially in ‌Ukraine. Our goal is to make space more accessible ⁢for everyone.

Host: Congratulations on closing your Series D funding round! Can you share more ‌about the amount raised ‌and how⁣ this funding will be used?

Guest 2: Thank ⁣you! Yes, we’re thrilled to ​have raised $175 million, and it’s even ‌more special because ‍we⁢ secured funding from new investors like RPM Ventures, GiantLeap Capital, and Human Element. The money ‌will go towards expanding‌ our market presence with the Elytra spacecraft and ramping up production of the Alpha launch vehicle. Additionally, we plan to expedite ⁢equipment certification for new missions ‌we’re currently developing.

Guest‍ 1: The funding ⁢will ‌also support our mission to land a commercial tourist on ‌the Moon and ⁢participate ‌in NASA’s Commercial Lunar ⁣Payload ⁢Services (CLPS)‍ initiative, as part of‍ the Blue Ghost⁢ mission next year. It’s an exciting time for us‌ and⁣ the space industry​ as a whole!

Interview Section 2: Ukraine’s Role in the Space ⁤Industry and Challenges Faced

Host: As a Ukrainian company,⁣ how does ‍it feel⁣ to be making such significant strides in the space industry?

Guest 2: ‌It’s inspiring and humbling. Ukraine has a‍ long history of ​space exploration excellence, and we’re proud

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