Firefly raises $75 million, targets May for next launch attempt
Capitalism in space: In announcing that the company has raised $75 million more in private investment capital, Firefly officials also said that it is now targeted May for its next launch attempt of its Alpha rocket.
The launch was partly delayed because of the federal government’s insistence that a Ukrainian businessman, who had saved the company when it went into bankruptcy, divest his ownership. That has now happened, so Firefly has gotten approval to launch.
Firefly CEO Tom Markusic told CNBC that the company “worked methodically and cooperatively with the government” to both complete the divestment, as well as to add “security protocols” at the company.
With the move complete, Markusic said the company now has “full access to our facilities to go back and launch.” Firefly will next transport its second Alpha rocket from its headquarters near Austin, Texas, to California, and aims to launch as soon as it can.
“We think it’ll take us about eight weeks from here to launch — so in May is our target,” Markusic told CNBC.
The company is also aiming to complete its second test launch two months after the first, assuming all goes well.
Capitalism in space: In announcing that the company has raised $75 million more in private investment capital, Firefly officials also said that it is now targeted May for its next launch attempt of its Alpha rocket.
The launch was partly delayed because of the federal government’s insistence that a Ukrainian businessman, who had saved the company when it went into bankruptcy, divest his ownership. That has now happened, so Firefly has gotten approval to launch.
Firefly CEO Tom Markusic told CNBC that the company “worked methodically and cooperatively with the government” to both complete the divestment, as well as to add “security protocols” at the company.
With the move complete, Markusic said the company now has “full access to our facilities to go back and launch.” Firefly will next transport its second Alpha rocket from its headquarters near Austin, Texas, to California, and aims to launch as soon as it can.
“We think it’ll take us about eight weeks from here to launch — so in May is our target,” Markusic told CNBC.
The company is also aiming to complete its second test launch two months after the first, assuming all goes well.






