Milestones
- Program announced with Northrop Grumman (as MLV)Aug 2022Complete.
- First launchNot yet reached.
Most important updates
- 29 May 2025
Physics limits
- The rocket equation makes payload a sliver of launch massOrbit needs about 9.4 km/s of speed change including losses. Fuel needed grows exponentially with that, so even the best rockets put only 2 to 5% of their liftoff mass into low orbit.
- Chemical propellants have a hard energy ceilingExhaust speed is set by the energy in the chemical bonds. Methane-oxygen tops out near 3.7 km/s and hydrogen-oxygen near 4.5 km/s; no engine design can beat the chemistry.
- Every kilogram used to come home is a kilogram not carriedA returning booster keeps fuel for boostback and landing, plus legs or fins; this costs roughly 25 to 40% of payload versus throwing it away. Upper stages pay even more, since they are going at orbital speed.
How it works

Two kerosene stages
Both stages burn kerosene and liquid oxygen. The first stage uses Firefly's Miranda engines, also used on Northrop Grumman's Antares 330.
Medium lift
It is sized for about 16 tonnes to low orbit, between small rockets like Alpha and heavy lifters.
Built with Northrop Grumman
Firefly builds it; Northrop Grumman invested, and its Antares 330 uses a first stage from the same design.
Update log
Thu 29 May 2025
- Minor: PressFunding
About Firefly Aerospace
Firefly Aerospace
Blue Ghost Moon lander, Alpha rocket
Firefly builds the Alpha small rocket, the Blue Ghost Moon lander and, with Northrop Grumman, the Eclipse rocket. Blue Ghost made the first fully successful private Moon landing in March 2025. Listed on Nasdaq in Aug 2025.
- 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.
- Founded
- 20179 yrs
- Headquarters
- United States
- Status
- Public
- Listed
- FLY (opens google.com)NASDAQ
- Valuation
- public
- Last round
- IPO (Nasdaq) · $868M7 Aug 2025
- Works in
- SpaceflightMoon & deep space
- Coverage
- 3 programs · 15 updateslatest 9 Sep 2026checked 25 Sep
- Customers
- NASA (opens nasa.gov)
- People
- Jason Kim (opens fireflyspace.com)CEO

