Firefly Aerospace inks $1.3B deal with AST SpaceMobile for 36 rocket engines

Firefly Aerospace has signed a three-year, $1.3 billion agreement with AST SpaceMobile to deliver 36 rocket engines — 27 Miranda and nine vacuum-variant Vira engines — for AST's new 'Blacklift' heavy-lift rocket, which will deploy BlueBird satellites in low Earth orbit. The deal includes about $800M upfront for a perpetual license and manufacturing rights, paid as $400M in cash plus 10M-14M Class A shares, which will dilute existing shareholders.

Detected & updated continuously · Source: Nebula