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

On August 6th, the U.S. commercial aerospace company Firefly Aerospace Inc. (NYSE: FLY) is scheduled to officially be listed on NASDAQ on August 7th. It is hailed as the most anticipated tech unicorn IPO since Circle and Figma. BiyaPay analysts pointed out that since its establishment in 2017, Firefly has constructed a complete "space logistics chain" centered 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. Its customers include NASA, the Department of Defense, Lockheed Martin, and the existing orders total more than $1.1 billion. Although it is not currently profitable, Firefly's IPO valuation this time has reached as high as $5.6 billion due to its advantages in government orders, high-end delivery capabilities, and a complete "space logistics chain". The market generally views it as one of the most commercially viable space companies outside of SpaceX. Against the backdrop of the continuous 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, enabling users to easily invest in potential stocks like Firefly without the need to open an offshore account. At the same time, the platform supports more than 200 cryptocurrency exchanges, and spot and futures order trading with "zero fees", helping users globally diversify their assets in one stop and seize every growth opportunity.