Space Technology

Firefly Aerospace (FLY) shares rose 15% after Q3 results surpassed expectations. Revenue jumped 38% year-over-year to $30.8 million, prompting an upward revision of full-year revenue guidance to $150-$158 million. Despite a $140.4 million net loss, attributed to IPO and other one-off costs, the report signals potential recovery. Since its August IPO, FLY has faced volatility and a rocket test failure, but secured a $177 million NASA contract and acquired SciTec. Investors should monitor cost management, operational efficiency, and contract execution for long-term success.

Rocket Lab (RKLB) shares rose after Q3 results revealed record revenue of $155M, a 48% YoY increase, driven by launch contracts and space tech. Loss per share was better than expected. Q4 revenue guidance of $170M-$180M exceeded estimates. The company boasts a record backlog of 49 launches and is pursuing acquisitions for defense initiatives. Shares surged over 31% last month and have more than doubled YTD. Rocket Lab acquired Geost and opened a new Neutron launch site. Adjusted EBITDA loss in Q3 was $26.3M, with Q4 losses projected between $23M-$29M.

Rocket Lab’s stock surged over 20% this week, driven by new launch agreements, including deals with JAXA, iQPS, and Synspective. The stock is up nearly 50% in two weeks and has almost tripled year-to-date. These contracts highlight Rocket Lab’s growing role as a trusted launch provider, particularly for Japanese entities. Short covering may also be contributing to the rise. The broader space sector is experiencing renewed investor interest, benefiting companies like Rocket Lab.

Firefly Aerospace will acquire SciTec for $855M, comprising $300M cash and $555M in shares. SciTec’s revenue for the trailing twelve months ending June 30, 2025, was $164M, and the company was awarded a $259M Space Force contract in 2025. The acquisition expands Firefly’s capabilities in software, data analytics, and national security solutions, with an expected closing by year-end 2025, pending regulatory approvals. SciTec will operate as a subsidiary of Firefly.

Sidus Space (SIDU) announced a public offering of 9.8 million Class A common shares at $1.00 per share, expecting gross proceeds of $9.8 million. The offering is set to close on September 16, 2025, with ThinkEquity as the sole placement agent. Net proceeds will go towards working capital and general corporate expenses. This capital raise aims to support Sidus Space’s operations and strategic investments amid rising competition in the space technology sector. The offering is based on a shelf registration statement filed with the SEC.