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Firefly Aerospace inks $1.3B deal to supply rocket engines to AST SpaceMobile's heavy-lift rockets.

Market News
06 Nov 2026, 14:30 WIB
GlobeNewsWire
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Bullish
Firefly Aerospace inks $1.3B deal to supply rocket engines to AST SpaceMobile's heavy-lift rockets.

Firefly Aerospace has signed a $1.3 billion agreement with AST SpaceMobile to deliver 36 rocket engines, license engine IP, and provide engineering support over three years for AST's new heavy-lift rockets. This deal will accelerate Firefly's launch vehicle production and technology development. Firefly will supply 27 Miranda engines and 9 Vira vacuum engines, while AST gains control over its launch schedule through engine manufacturing rights. The funding will boost Firefly's hiring, infrastructure, and testing capabilities, supporting its broader space mission.

AST SpaceMobile shares rose 4.27% to USD 31.49 on Pluang as of Nov 06, 2026 19:41 WIB, reflecting notable investor interest following the Firefly Aerospace engine deal. The stock trades closer to its 52-week low of USD 30.20 than its high of USD 133.09, with a market cap of $10.68 billion and active trading volume of over 15 million shares. Pluang users show a balanced sentiment with 54% selling and 46% buying, and a typical hold time of 35 days.

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