BiyaPay Analyst: Firefly to Land on Nasdaq, One of the Most Promising Commercial Space Companies Outside of SpaceX

BlockBeats News, August 6th, the U.S. commercial aerospace company Firefly Aerospace Inc. (NYSE: FLY) will officially land on NASDAQ on August 7th, hailed as the most anticipated tech unicorn IPO since Circle and Figma.

BiyaPay analysts pointed out that since its founding in 2017, Firefly has built a complete "space logistics chain" around small rocket launches, the Elytra orbital transfer vehicle, the Blue Ghost lunar lander, and the reusable rocket Eclipse. In March of this year, its self-developed Blue Ghost successfully completed a NASA lunar mission, making Firefly the first U.S. commercial company to achieve a commercial moon landing, with customers including NASA, the Department of Defense, Lockheed Martin, and existing orders totaling over $1.1 billion.

Although currently not profitable, Firefly's IPO valuation this time has reached as high as $5.6 billion, thanks to its advantages in government orders, high-end delivery capabilities, and a complete "space logistics chain." The market generally sees it as one of the most commercially viable space companies outside of SpaceX.

Against the backdrop of the continued expansion of the U.S. stock market and the popularity of hard technology tracks, BiyaPay provides users with real-time USDT trading of U.S. and Hong Kong stocks, allowing users to easily invest in potential stocks like Firefly without the need to open an offshore account. At the same time, the platform supports 200+ cryptocurrency exchanges, spot and futures order trading with "zero fees," helping users globally diversify their assets in one-stop and seize every growth opportunity.