Firefly Aerospace Announces Strategic Acquisition of SciTec to Advance National Security Capabilities
Addition of SciTec’s full-stack software and big data processing capabilities expands Firefly’s responsive launch, land, and orbit mission services for space and defense customers
CEDAR PARK, Texas, October 5, 2025 – Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, has entered into a definitive agreement to acquire SciTec, Inc., a leader in advanced national security technologies, for approximately $855 million through a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
Read full press release: https://fireflyspace.com/news/firefly-aerospace-announces-strategic-acquisition-of-scitec-to-advance-national-security-capabilities/