IPO Journey

Firefly Aerospace Inc.

IPO Date: June 1, 2026 · 8 filings tracked

Final Offer Terms

Ticker
FLY
Exchange
Nasdaq Global Market
Offer Price
$48.00
Shares Offered
12,000,000
Estimated Proceeds
$576.0M
Expected Listing
June 01, 2026
Underwriters

Led by Goldman Sachs & Co. LLC, J.P. Morgan

Filing Timeline

1
S-1
July 11, 2025
  • Proven flight heritage with successful orbital launches
  • $1.1 billion backlog of signed orders as of March 31, 2025
2
S-1/A
July 28, 2025
  • Proven flight heritage with successful orbital launches and lunar missions.
  • Strong $1.1 billion backlog with over 30 signed future launch contracts.

Changes from previous filing

  • Expected offer range: $35.0 – $39.0 per share
  • Shares offered: 16,200,000
  • Estimated proceeds: $567M
3
S-1/A
August 4, 2025
  • Proven operational success with the 'Alpha' rocket and 'Blue Ghost' lunar lander
  • Significant revenue growth, climbing from $29M to $71M in one year

Changes from previous filing

  • Expected offer range: $41.0 – $43.0 per share
  • Estimated proceeds: $664M
4
424B4 Material Update
August 8, 2025
  • Proven track record as the first private company to land on the moon (March 2025).
  • Strong commercial traction with a $1.1 billion order backlog and 30+ planned launches.

Changes from previous filing

  • Price range removed
  • Final offer price: $45.0 per share
  • Shares offered: 19,296,000
  • Estimated proceeds: $868M
5
S-1
November 17, 2025
  • Proven launch capability with the Alpha rocket, the only U.S. vehicle in its class to reach orbit four times.
  • Strategic partnership with Northrop Grumman to develop the MLV (Medium Launch Vehicle) for 2026.

Changes from previous filing

  • Ticker symbol removed
6
S-1/A
December 15, 2025
  • Proven orbital launch capability with the Alpha rocket
  • Strategic partnership with Northrop Grumman for the reusable MLV rocket

Changes from previous filing

  • Ticker symbol: FLY
  • Exchange: Nasdaq Global Market
  • Shares offered: 11,111,116
7
S-1
May 26, 2026
  • Versatile space delivery model covering both orbital launch services and lunar cargo transport.
  • Strategic expansion into AI-powered software and national security sensors via the SciTec acquisition.

Changes from previous filing

  • Shares offered: 12,000,000
  • Underwriters: Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, Wells Fargo Securities
424B4 Final Pricing
June 1, 2026
  • Operates as a comprehensive space logistics provider, from orbital delivery to lunar landing.
  • Secures high-value government and NASA contracts for lunar exploration and cargo transport.

Changes from previous filing

  • Final offer price: $48.0 per share
  • Estimated proceeds: $576M
  • Underwriters: Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, Wells Fargo Securities, Morgan Stanley, Baird, Deutsche Bank Securities, Cantor, Needham & Company, Roth Capital Partners, Academy Securities, Texas Capital Securities
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