Firefly Aerospace landed on the moon, won a Pentagon contract, and partnered with Lockheed Martin. So why is the stock down 70%?

Substantial progress for Firefly's business hasn't been enough to support gains for its stock.

Firefly Aerospace is 75% below its high. Here's why the company that landed on the moon is my favorite space stock under $20.

A 75% decline could offer investors a compelling entry point.

Why Did Firefly Aerospace Stock Just Crash?

In the absence of any such catalyst, there's really no reason for Firefly stock to be crashing.
Yahoo Finance

Firefly Aerospace (FLY) Rockets to the Moon as Firm Bags $75M NASA Contract

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U.S. News & World Report

Astrobotic, Firefly, Intuitive Machines Win More NASA Moon Lander Missions

WASHINGTON, June 30 (Reuters) - NASA on Tuesday ⁠awarded $590 ⁠million worth of contracts to ⁠Astrobotic, Firefly Aerospace and Intuitive Machines for more uncrewed lunar lander missions in late 2028 ...
Yahoo

Cedar Park's Firefly Aerospace will send drones to the moon in 'breakthrough mission'

Add Yahoo as a preferred source to see more of our stories on Google. A replica of Firefly Aerospace's Blue Ghost lunar lander is displayed during a press conference after Firefly Aerospace's Blue ...
Yahoo

Firefly Aerospace looks ahead to moon missions, more launches after Alpha rocket’s return to flight

Add Yahoo as a preferred source to see more of our stories on Google. Jason Kim, CEO of Firefly Aerospace, speaks at a press conference after Firefly Aerospace's Blue Ghost lunar lander's successful ...
Yahoo Finance

Firefly Aerospace Enables On-Orbit Processing for Moon Imaging Service with NVIDIA Jetson

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GeekWire

Zeno Power reserves a spot on Firefly moon lander to demonstrate its atomic space heater

An artist’s conception shows Firefly’s Blue Ghost lander on the moon’s surface during the lunar night, with Zeno Power Systems’ radioisotope heater unit highlighted with a blue glow on the left side ...
Seeking Alpha

Firefly Aerospace: I Need More Than Moon Landings Before Going Bullish

Firefly Aerospace Inc. is a high-upside, high-risk space and defense company with strong NASA and Pentagon contracts but startup-like volatility. FLY posted 38% revenue growth and a cleaner balance ...

Firefly Aerospace Completes Preliminary Design Review for NASA MoonFall Mission

Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced it completed the preliminary design review (PDR) for its Elytra spacecraft that will deliver ...
Seeking Alpha

Firefly Aerospace rallies after updating on its moon imaging project

Firefly Aerospace (FLY) announced a new collaboration with Nvidia (NVDA) to enable rapid on-orbit processing in lunar orbit for the company's Ocula Moon imaging service. As part of the collaboration, ...