Business EconomyPosted at: Oct 6 2025 12:07PM


Firefly Aerospace announces strategic acquisition of SciTec

New Delhi, Oct 6 (UNI) Firefly Aerospace has entered into a definitive agreement to acquire SciTec Inc. for approximately USD 855 million through a combination of USD 300 million in cash and USD 555 million in Firefly shares issued to SciTec owners at a price of USD 50 per share, an official statement said.
This acquisition will fuel Firefly’s comprehensive space services by adding mission-proven defense software analytics, remote sensing, and multi-phenomenology data expertise.
Jason Kim, CEO of Firefly Aerospace, said, “ The acquisition of SciTec enhances our ability to support a growing number of defense missions and provides us with a significant operational advantage. SciTec’s mission-proven software and big data processing capabilities provide warfighters with rapid, accurate information to enable informed decisions that protect our homeland from emerging threats.”
“ These capabilities will significantly advance our ability to deliver integrated, software-defined solutions for critical national security imperatives, particularly Golden Dome. We are excited to welcome the SciTec team to the Firefly family and look forward to working together to continue and deliver leading-edge solutions to advance our country’s strategic advantage in space.” Kim added.
SciTec’s core capabilities include missile warning, tracking and defense, intelligence, surveillance and reconnaissance, space domain awareness and autonomous command and control, which will supplement Firefly’s launch, lunar, and in-space services.
It also further adds ground and onboard data processing, as well as AI-enabled systems designed for low-latency operations to support advanced threat tracking and response across multiple domains.
“We believe Firefly is the best home for our business and people. In addition to the strong strategic fit, our cultures are similar. Both teams are empowered, rapid innovators who are passionate about our critical missions and willing to take on near-impossible tasks to ensure we protect our country from future threats. We share a unique focus on providing differentiated, leading-edge solutions to our customers,” said Jim Lisowski, CEO of SciTec.
The acquisition is expected to close by year's end 2025, subject to regulatory approvals and customary conditions, the statement said.
Firefly Aerospace is a space and defense technology company that enables government and commercial customers to launch, land, and operate in space–anywhere, anytime.
On the other hand, SciTec is a leader in advanced national security technologies.
UNI SAS PRS
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