Firefly selling its rocket engines to Astra
Capitalism in space: It now appears that Firefly’s effort to diversify its rocket business by selling its Reaver rocket engine to other companies has resulted in it selling that engines to its competitor Astra, for possible use either in that company’s smallsat rocket or in an new redesigned rocket not yet revealed.
Under the [$30 million] deal, which closed earlier this year, Firefly will send up to 50 of its Reaver rocket engines to Astra’s rocket factory in Alameda, California, where a development engine was already delivered in late spring for roughly half a million dollars, according to an internal Firefly document viewed by The Verge and a person briefed on the agreement. Astra engineers have been picking apart the engine for detailed inspection, said a person familiar with the terms, who, like others involved in the deal, declined to speak on the record because of a strict non-disclosure agreement.
Apparently, the contract includes clauses that forbid Astra from using the engine in circumstances that directly compete with Firefly’s Alpha rocket.
The article also suggests that the contract will allow Astra to manufacture the engine itself, thus keeping its operations in-house and not dependent on outside contractors.
The deal suggests two things. First, it shows the growing strength of Firefly. It is not only going to make money launching satellites, it will also do so selling engines to other companies. Second, the deal suggests Astra has issues with its own rocket engine, and needs something better quickly to survive.
Capitalism in space: It now appears that Firefly’s effort to diversify its rocket business by selling its Reaver rocket engine to other companies has resulted in it selling that engines to its competitor Astra, for possible use either in that company’s smallsat rocket or in an new redesigned rocket not yet revealed.
Under the [$30 million] deal, which closed earlier this year, Firefly will send up to 50 of its Reaver rocket engines to Astra’s rocket factory in Alameda, California, where a development engine was already delivered in late spring for roughly half a million dollars, according to an internal Firefly document viewed by The Verge and a person briefed on the agreement. Astra engineers have been picking apart the engine for detailed inspection, said a person familiar with the terms, who, like others involved in the deal, declined to speak on the record because of a strict non-disclosure agreement.
Apparently, the contract includes clauses that forbid Astra from using the engine in circumstances that directly compete with Firefly’s Alpha rocket.
The article also suggests that the contract will allow Astra to manufacture the engine itself, thus keeping its operations in-house and not dependent on outside contractors.
The deal suggests two things. First, it shows the growing strength of Firefly. It is not only going to make money launching satellites, it will also do so selling engines to other companies. Second, the deal suggests Astra has issues with its own rocket engine, and needs something better quickly to survive.