Firefly Space Systems
The U.S. Space Systems Command announced Sept. 30 it selected Firefly Space Transport Services and Millennium Space Systems to conduct a demonstration of a rapid-response space mission to low Earth orbit in 2023.
Two years ago, Firefly Space Systems appeared to be flying high. Then the bottom fell out of the company.
The assets of Firefly Space Systems, a company that was developing a small launch vehicle before encountering financial problems last year, will be sold this week in an auction organized by a little-known company backed by a Ukrainian entrepreneur.
Firefly Space Systems, a Texas company developing a small launch vehicle, has furloughed its entire staff after an investor backed out, forcing the firm to consider alternative vehicle concepts or even a sale of the company.