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FLY INVESTORS: Contact Kirby McInerney LLP About Securities Class Action Lawsuit On Behalf of Firefly Aerospace Inc.
Businesswire· 2025-12-10 23:00
Core Viewpoint - Firefly Aerospace Inc. is facing a class action lawsuit due to alleged misleading statements in its IPO documents and overstated growth prospects, particularly regarding its Spacecraft Solutions and Alpha rocket program [1]. Group 1: IPO and Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [2]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, for the same quarter in 2024 [3]. - The company's revenue was $15.55 million, which was below analyst estimates of $17.25 million and represented a 26.2% decrease from the same quarter in 2024 [3]. - Revenue from the Spacecraft Solutions segment was only $9.2 million, indicating a 49% year-over-year decrease [3]. Group 2: Stock Price Reaction - Following the earnings report, Firefly's share price dropped by $7.58, or approximately 15.3%, from $49.52 on September 22, 2025, to $41.94 on September 23, 2025 [3]. - After the disclosure of a failure in the Alpha Flight 7 rocket on September 29, 2025, shares fell by $7.64, or about 20.7%, from $36.96 to $29.32 [4]. Group 3: Legal Implications - The class action lawsuit claims that Firefly's IPO documents contained untrue statements and omitted necessary facts, leading to misleading information for investors [1]. - The lawsuit also alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program [1].
Rocket Lab Brings Forward Earth Observation Launch for KAIST, Liftoff Scheduled for Tomorrow
Globenewswire· 2025-12-10 00:30
Core Points - Rocket Lab Corporation is expediting a dedicated Electron mission for the Korea Advanced Institute of Science and Technology (KAIST), scheduled to launch on December 11, 2025 [1][2] - The mission, named 'Bridging The Swarm', will deploy the NEONSAT-1A satellite, which is part of a constellation aimed at monitoring natural disasters along the Korean Peninsula [4][5] - Rocket Lab's operational efficiency is highlighted by the rescheduling of this launch, which is part of a growing number of missions, exceeding the company's 2024 target of 16 launches [3][4] Upcoming Launch Details - Mission name: Bridging The Swarm - Launch Window Open: December 11, 2025, at 1:45 PM NZDT (00:45 UTC) - Customer: Korea Advanced Institute of Science and Technology (KAIST) - Launch Site: Launch Complex 1, New Zealand [4] - Mission name: RAISE and Shine - Launch Window Open: no earlier than December 13, 2025, at 4:00 PM NZDT (03:00 UTC) - Customer: Japan Aerospace Exploration Agency (JAXA) - Launch Site: Launch Complex 1, New Zealand [4][7] NEONSAT Program Overview - The NEONSAT program involves collaboration among multiple Korean institutions, including SaTReC, Satrec Initiative, and Korea Aerospace Research Institute, with funding from the Korean government's Ministry of Science and ICT [6] - The NEONSAT-1A satellite will validate advanced capabilities and operational utility, contributing to the formation of a satellite constellation [5][6] JAXA Collaboration - The 'RAISE and Shine' mission will deploy JAXA's RAISE-4 spacecraft, demonstrating eight technologies developed by various Japanese entities [7] - This mission marks the first of two dedicated launches for JAXA's Innovative Satellite Technology Demonstration Program, emphasizing Rocket Lab's role in providing reliable access to space for international agencies [7]
Here's Why 2026 Could Be a Huge Year for Rocket Lab
The Motley Fool· 2025-12-06 19:05
Core Insights - Rocket Lab is poised to unlock significant revenue opportunities with its upcoming medium-lift rocket, Neutron, which is set to launch next year [1][8][14] Company Overview - Rocket Lab is the second-most-used launch company in the U.S., focusing on small satellite launches with its Electron rocket [3][5] - The company has completed 77 launches since its inception, including four in November [5] Neutron Rocket Development - The Neutron rocket is designed to carry payloads up to 40 times larger than the Electron rocket, with a capacity of 13,000 kg [7] - The launch of Neutron has been delayed to the first quarter of next year, with plans for three launches in 2024 and five in 2027 [9] Financial Performance - Rocket Lab's space systems business generated $93.7 million in gross profit in the first nine months of this year, more than double that of its launch services [11] - The company has a backlog of over $1 billion, with $586 million attributed to space systems, indicating strong future revenue potential [11][14] Market Opportunities - The U.S. Space Development Agency is creating opportunities for Rocket Lab through upcoming satellite contracts, particularly for missile-tracking and defense satellites [12] - The successful launch of Neutron could significantly enhance Rocket Lab's competitive position against SpaceX's Falcon 9 [8][14]
Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift
Yahoo Finance· 2025-12-05 22:19
Core Viewpoint - Despite a nearly 50% decline from its 52-week high, Rocket Lab (NASDAQ: RKLB) remains a favored stock among analysts, who continue to express strong long-term confidence in the company [3][4]. Analyst Targets and Sentiment - The consensus price target for Rocket Lab has seen a significant increase, rising from $16.50 a year ago to a record high of $58.17 this week, reflecting strong belief in the company's execution and long-term outlook [5][7]. - Analyst ratings have remained predominantly positive, with nine out of fifteen analysts rating it a Buy, five a Hold, and one a Sell, maintaining a consensus rating of Moderate Buy [5]. Recent Analyst Activity - Bank of America recently raised its target to $60, citing an accelerating launch cadence and confidence in the upcoming Neutron debut in Q1 2026 [6]. - Needham maintained a Buy rating with a target price of $63, highlighting operational progress and improved reliability of the Electron rocket [6]. - Cantor Fitzgerald reiterated its Overweight rating, emphasizing record revenue and viewing recent stock weakness as a buying opportunity ahead of key upcoming catalysts [6].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly Aerospace
Prnewswire· 2025-12-04 15:38
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational failures that have negatively impacted the company's stock performance and investor confidence [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Firefly Aerospace to contact them regarding their legal options, particularly in light of a federal securities class action filed against the company [1][2]. - The deadline for investors to seek the role of lead plaintiff in the class action is January 12, 2026 [2]. Group 2: Financial Performance and Stock Impact - Firefly Aerospace conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [5]. - In its first earnings report as a public company on September 22, 2025, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, for the same quarter in 2024 [6]. - Revenue for the second quarter of 2025 was $15.55 million, which was below analyst estimates of $17.25 million and represented a 26.2% decrease year-over-year [6]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, marking a 49% year-over-year decline [6]. - Following the earnings report, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [7]. Group 3: Operational Issues and Market Reaction - On September 29, 2025, Firefly disclosed a failure in the first stage of its Alpha Flight 7 rocket, raising concerns about the company's ability to meet commercial launch commitments [8]. - This announcement followed a previous failed launch in April 2025 and led to further skepticism regarding the viability of Firefly's technology [8]. - As a result of this news, Firefly's stock price dropped by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [9].
FLY DEADLINE ALERT: Firefly Aerospace Inc. Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit
Globenewswire· 2025-12-03 23:00
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds Firefly Aerospace Inc. (“Firefly” or the “Company”) (NASDAQ:FLY) investors of the January 12, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action. If you purchased or otherwise acquired Firefly securities, have information, or would like to learn more, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or ...
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly Aerospace
Newsfile· 2025-11-28 16:18
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational failures that have negatively impacted investors [2][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Firefly Aerospace to contact them for discussing legal options [1]. - A federal securities class action has been filed against Firefly, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Firefly and its executives violated federal securities laws by making false statements regarding demand and growth prospects, operational readiness, and commercial viability of its products [5]. Group 2: Financial Performance - Firefly conducted its IPO on August 7, 2025, selling 19.296 million shares at $45.00 per share [6]. - In its first earnings report as a public company, Firefly reported a loss of $80.3 million, or $5.78 per share, compared to a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [7]. - Revenue for the second quarter of 2025 was $15.55 million, below analyst estimates of $17.25 million, and down 26.2% year-over-year [7]. Group 3: Stock Price Reaction - Following the earnings report, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [8]. - After disclosing a failure in the Alpha Flight 7 rocket test, the stock price dropped further by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [10].
Rocket Lab Schedules First Dedicated Launch for Japan Aerospace Exploration Agency (JAXA)
Globenewswire· 2025-11-24 21:30
Core Points - Rocket Lab Corporation announced the launch window for the first of two dedicated Electron launches with the Japan Aerospace Exploration Agency (JAXA) [1][3] - The mission, named "RAISE And Shine," is set to launch on December 5, 2025, from Rocket Lab Launch Complex 1 in New Zealand, deploying the RApid Innovative payload demonstration SatellitE-4 (RAISE-4) spacecraft [2][4] - This mission is part of JAXA's Innovative Satellite Technology Demonstration Program, aimed at showcasing new technologies developed by Japan's space economy [3] - The upcoming launch will mark Rocket Lab's 19th launch in 2025, continuing its record of dedicated launches in a single year [4] Company Overview - Rocket Lab is a leading space company providing launch services, spacecraft, payloads, and satellite components for commercial, government, and national security markets [5] - The Electron rocket is recognized as the world's most frequently launched orbital small rocket, with increasing demand for dedicated launches for small satellites [4][5] - Rocket Lab's capabilities include the HASTE rocket for hypersonic test launches and the Neutron launch vehicle currently in development for medium launch needs [5]
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Firefly
Prnewswire· 2025-11-21 15:27
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. due to allegations of misleading statements and operational failures that have negatively impacted the company's stock performance and investor confidence [2][4]. Group 1: Company Overview - Firefly Aerospace conducted its initial public offering (IPO) on August 7, 2025, selling 19.296 million shares at a price of $45.00 per share [5]. - The company reported a significant loss of $80.3 million, or $5.78 per share, for Q2 2025, which is an increase from a loss of $58.7 million, or $4.60 per share, in the same quarter of 2024 [6]. - Revenue for Q2 2025 was reported at $15.55 million, falling short of analyst estimates of $17.25 million and representing a 26.2% decrease year-over-year [6]. Group 2: Operational Issues - Firefly's Spacecraft Solutions business segment reported revenue of only $9.2 million, indicating a 49% year-over-year decline [6]. - Following the earnings report, Firefly's stock price dropped by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [7]. - On September 29, 2025, Firefly disclosed a failure in the first stage of its Alpha Flight 7 rocket, raising concerns about the company's ability to fulfill commercial launch commitments [8]. Group 3: Legal Implications - A federal securities class action has been filed against Firefly, with a deadline of January 12, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Firefly and its executives made false or misleading statements regarding the demand for its products and the readiness of its rocket program, which could have a material negative impact on the company [4].
Two Launches in Two Days from Two Hemispheres: Rocket Lab Beats Annual Launch Record with Back-To-Back Electron Missions
Globenewswire· 2025-11-20 14:35
Core Insights - Rocket Lab Corporation has achieved a new annual launch record with 18 successful Electron launches in 2025, marking a 100% mission success rate [1][3] - The recent "Follow My Speed" mission successfully deployed a payload for a confidential commercial customer, demonstrating the company's capability to conduct rapid launches from different hemispheres [2][4] - The Electron rocket has seen a 1,700% increase in annual launch cadence over the past decade, highlighting its leadership in the small orbital rocket market [3] Company Overview - Rocket Lab is a leading space company providing launch services, spacecraft, payloads, and satellite components for commercial, government, and national security markets [5] - The Electron rocket is recognized as the world's most frequently launched small orbital rocket, while the HASTE rocket offers hypersonic test launch capabilities [5] - The company has supported over 1,700 missions across various sectors, including commercial and defense, with ongoing development of the Neutron launch vehicle for medium launch capabilities [5]