FundedIQ
Hardware

Firefly Aerospace: Funding, Investors & Team (Sep 2026)

Firefly was created for one simple reason: provide low-cost, high-performance space launch capability for the under-served small satellite market, where secondary-payload launches are often the only option. The technologies employed in their state-of-the-art rockets provide a clear pathway for future incremental improvements in vehicle capability. Later vehicles will also have reusable elements and employ air-breathing propulsion. Small satellites are playing an increasingly significant role in space. Smaller, lighter, and cheaper satellite technologies have led to functional systems that are a fraction of the size of their predecessors. Meanwhile, constellations of small satellites are showing promise for replacing larger custom-built systems, thus providing redundancy and the ability to regularly refresh system technology. Lastly, many advanced technologies languish at middle TRL levels. Low-cost rides to space will allow these technologies to be proven and advance their collective space-flight capabilities. Firefly Aerospace was founded in 2017 and is headquartered in Cedar Park, Texas, United States.

firefly.com LinkedIn Cedar Park, United States 251-500 employees
Aerospace Air Transportation Satellite Communication Space Travel
Total raised
$105M
Rounds
2
Latest
Series C
Feb 2023

Firefly Aerospace has raised $105M across 2 funding rounds on record, the most recent a Series C of $30.2M announced in Feb 2023.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Firefly Aerospace Company Profile and Key Stats

Total funding raised
$105M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$30.2M in Feb 2023
Employees
251-500
reported band
Headquarters
Cedar Park, United States

Latest funding round on record: Feb 2023.

Firefly Aerospace Funding Rounds

Date
Round
Amount
Series C
$30.2M
Series B
$75.0M

Firefly Aerospace raised $75.0M in a Series B announced in Mar 2022.

11 months later, a Series C of $30.2M was announced in Feb 2023.

Firefly Aerospace Founders and Leadership Team

Name
Role
Contact
Max Polyakov
Founder
Thomas Markusic
CEO
Locked

Contact details for the Firefly Aerospace team: 1 of 2 have an email address on file.

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Firefly Aerospace Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
29,878
$7.5M
1,836
$60M

Firefly Aerospace's latest round of $30.2M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Firefly Aerospace Funding FAQs

What does Firefly Aerospace do?

Firefly was created for one simple reason: provide low-cost, high-performance space launch capability for the under-served small satellite market, where secondary-payload launches are often the only option. The technologies employed in their state-of-the-art rockets provide a clear pathway for future incremental improvements in vehicle capability. Later vehicles will also have reusable elements and employ air-breathing propulsion. Small satellites are playing an increasingly significant role in space. Smaller, lighter, and cheaper satellite technologies have led to functional systems that are a fraction of the size of their predecessors. Meanwhile, constellations of small satellites are showing promise for replacing larger custom-built systems, thus providing redundancy and the ability to regularly refresh system technology. Lastly, many advanced technologies languish at middle TRL levels. Low-cost rides to space will allow these technologies to be proven and advance their collective space-flight capabilities. Firefly Aerospace was founded in 2017 and is headquartered in Cedar Park, Texas, United States.

How much funding has Firefly Aerospace raised?

Firefly Aerospace has raised $105M across 2 rounds on record. The most recent is a Series C of $30.2M announced in Feb 2023.

When did Firefly Aerospace last raise funding?

Firefly Aerospace's most recent funding round on record is a Series C of $30.2M, announced in Feb 2023.

Who founded Firefly Aerospace?

FundedIQ lists Max Polyakov (Founder) at Firefly Aerospace.

Who is the CEO of Firefly Aerospace?

Thomas Markusic is listed as CEO at Firefly Aerospace.

Where is Firefly Aerospace headquartered?

Firefly Aerospace is based in Cedar Park, Texas, United States.

How many employees does Firefly Aerospace have?

Firefly Aerospace is in the 251-500 employee band.

How does Firefly Aerospace's funding compare to other Hardware startups?

Firefly Aerospace's latest round of $30.2M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Firefly Aerospace Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Firefly Aerospace is left off this page rather than filled in.

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