Firefly Aerospace (FLY) Stock: Surge 23% on $1.3 Billion AST SpaceMobile Rocket Engine Deal

TLDR FLY stock surged 23.03% to $18.67 after Firefly announced its $1.3B engine deal. AST SpaceMobile will receive 36 engines for its first three heavy-lift rockets. The agreement includes Miranda and Vira engines plus manufacturing license rights. Firefly plans new Texas test bays, increased hiring, and faster rocket production. AST SpaceMobile will pay over $1.3B [...]

The post Firefly Aerospace (FLY) Stock: Surge 23% on $1.3 Billion AST SpaceMobile Rocket Engine Deal appeared first on Blockonomi.