Firefly Aerospace shares exploded higher yesterday following a dual-catalyst event that significantly bolstered the company's long-term revenue outlook.
The rally was primarily driven by a $1.3 billion agreement announced early on November 6 to supply rocket engines and intellectual property for AST SpaceMobile's new heavy-lift rocket. This momentum was further sustained by the company's selection as a vendor for NASA's $10 billion Commercial Lunar Payload Services 2 i