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Firefly Aerospace Awarded DoD Contract for Deorbit Mission PDR

Firefly Aerospace logoFirefly Aerospace
Sig2.35Sen+1.10Env+2.25Soc0.00Gov0.00

Firefly Aerospace received a preliminary design review contract from the Department of Defense’s Defense Innovation Unit and Space Development Agency for a deorbit mission aimed at clearing space debris. A PDR is an early contract phase that can improve chances of further work, though additional awards aren’t guaranteed. Despite the win, shares dipped slightly on investor expectations.

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