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Firefly Aerospace shares up 17% following NASA project selection and major contract

The Motley Fool +1 · ·by G4L

FLY
FLY Firefly Aerospace Inc
$24.31 +17.10%
View chart & analysis →
ASTS ASTS +14.10%
  1. 1Firefly Aerospace shares rose 17% on Monday.
  2. 2A $1.3 billion contract between Firefly and AST SpaceMobile was signed on Friday.
  3. 3Firefly was selected as a supplier for NASA's $10 billion Commercial Lunar Payload Services (CLPS) 2 initiative.

So what's the key point?

Firefly Aerospace shares rose 17% as the company joined a NASA project and signed a large contract. The stock value increased because the company secured major business deals.

Source The Motley Fool +1 · View original ↗

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