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Firefly Aerospace jumps on $1.3B rocket engine deal with AST SpaceMobile

Market News
06 Nov 2026, 22:07 WIB
Rayan Ahmad
View Source
Bullish
Firefly Aerospace jumps on $1.3B rocket engine deal with AST SpaceMobile

Firefly Aerospace secured a $1.3 billion deal with AST SpaceMobile to supply 27 Miranda and 9 Vira rocket engines over three years. The agreement includes engine supply, licensing for AST to manufacture the engines, and engineering support, while Firefly retains intellectual property rights. Payment involves cash and AST SpaceMobile shares, providing Firefly with funds to accelerate its launch vehicle production and technology development. This deal boosts Firefly's position in the space industry and supports its growth plans.

AST SpaceMobile shares rose 5.70% to USD 31.92 as of Nov 07, 2026 01:51 WIB on Pluang. The stock's market cap stands at $10.68 billion with a trading volume of over 15 million shares. This price movement coincides with Firefly Aerospace's $1.3 billion engine supply deal with AST SpaceMobile, highlighting increased investor interest.

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