The brief
- Blue Ghost landed upright on 2 March 2025 and ran NASA experiments for a full lunar day.
- Alpha failed in flight (Apr 2025) and exploded in a ground test (Sep 2025) before flying again in March 2026.
- Blue Ghost Mission 2 to the lunar far side is targeted for late 2026.
Technical approach
A low, wide, well-tested lander
Blue Ghost uses cameras to steer to a safe spot and stands low and wide on four legs, so it's less likely to tip over like other landers.
Simple kerosene engines
Alpha's Reaver engines use a bit of their own hot gas to drive the fuel pump, so no separate pump engine is needed.
Carbon-composite vehicle
Alpha uses carbon-fibre tanks and body to stay light.
Firefly Aerospace, three programs
Updated 9 Sep 2026Research & demos
- 2 Mar 2025
First fully successful private soft landing on the Moon; ran 10 NASA instruments for about 14 days.
Open technical problems
- Alpha reliabilityActive research
After several Alpha failures, it must fly reliably before customers commit to the upgraded version.
- Talking from the far sideOpen
Mission 2 lands where Earth can't be seen, so it must send data through its own orbiter.
Upcoming catalysts
- 2027Blue Ghost Mission 2 to the lunar far sideBlue Ghostby ~15 mo
Peers
Company & funding
- Last round
- IPO (Nasdaq)7 Aug 2025
- Listed
- FLY (opens google.com)NASDAQ
- HQ
- US
- Founded
- 2017
| Date | Round | Amount | Post-money | Lead |
|---|---|---|---|---|
| 7 Aug 2025 | IPO (Nasdaq) | $868M | — | — |
Partners & customers
- Customer
CLPS task orders for Blue Ghost Missions 1 and 2
- Partner
Co-developing the Eclipse medium launch vehicle
- Investor
Majority owner before IPO



