Core Viewpoint - Firefly Aerospace is implementing a Block II upgrade for its Alpha rocket to enhance reliability, streamline production, and improve launch operations, addressing the growing demand in the global launch market [3][5]. Group 1: Upgrade Details - The Block II upgrade aims to increase the Alpha rocket's length from approximately 97 feet to 104 feet, enhancing structural strength and optimizing manufacturing processes [11]. - Key upgrades include the consolidation of in-house batteries and avionics to improve reliability and production efficiency, as well as optimized propellant tanks for better thermal protection and increased stage burn time [11]. - The upcoming Alpha Flight 7 will serve as a test flight for multiple Block II subsystems, allowing the company to validate improvements before the full upgrade on Alpha Flight 8 [4][8]. Group 2: Strategic Importance - The Block II upgrade is part of Firefly's strategic growth plan to meet the evolving needs of the global launch market, focusing on enhanced safety, quality, and reliability [5]. - The upgrades are designed to expand Alpha's capabilities for critical responsive space missions, including hypersonic testing and national security missions [5]. - Firefly Aerospace is recognized as a partner of choice for responsive space missions, being the only commercial company capable of launching a satellite to orbit with approximately 24-hour notice [9].

Core Viewpoint - Firefly Aerospace Inc. is facing a federal securities class action due to allegations of misleading statements regarding its business operations and financial performance, with a deadline for investors to seek lead plaintiff status set for January 12, 2026 [1][3]. Group 1: Allegations and Financial Performance - The complaint alleges that Firefly and its executives violated federal securities laws by making false statements about the demand and growth prospects for its Spacecraft Solutions offerings [3]. - Firefly's operational readiness and commercial viability of its Alpha rocket program were also overstated, which could have a material negative impact on the company once revealed [3]. - 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, for the same quarter in 2024 [5]. - Revenue for the second quarter of 2025 was reported at $15.55 million, below analyst estimates of $17.25 million and down 26.2% from the same quarter in 2024 [5]. - The Spacecraft Solutions business segment generated only $9.2 million in revenue, representing a 49% year-over-year decrease [5]. Group 2: Stock Price Impact - Following the earnings report, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 per share on September 23, 2025 [6]. - After the disclosure of a failure in the Alpha Flight 7 rocket, the stock price dropped by $7.66 per share, or 20.73%, closing at $29.30 per share on September 30, 2025 [8]. Group 3: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members and will oversee the litigation [9]. - Any member of the putative class can move the court to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [9]. - The law firm Faruqi & Faruqi encourages individuals with information regarding Firefly's conduct to come forward, including whistleblowers and former employees [10].

Core Viewpoint - A securities class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly making false and misleading statements regarding its business operations and growth prospects during its IPO and subsequent period [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Firefly common stock during the IPO on August 7, 2025, and securities between August 7, 2025, and September 29, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for January 12, 2026 [1]. Group 2: Allegations Against Defendants - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [2]. - It is claimed that the Alpha rocket program did not meet its operational readiness and commercial viability as represented [2]. - As a result of these issues, the statements made by the defendants regarding the company's business and prospects were materially false and misleading [2]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the deadline of January 12, 2026, or may choose to remain absent [3]. - The lead plaintiff will act on behalf of all class members and select counsel to represent the class [3]. Group 4: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4].

Core Viewpoint - A class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly misleading investors regarding the company's financial health and operational capabilities, particularly related to its IPO and subsequent performance [6]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased Firefly common stock during the IPO on August 7, 2025, and those who acquired shares between August 7, 2025, and September 29, 2025 [6]. - Investors have until January 12, 2026, to apply to be appointed as lead plaintiff in the lawsuit [6]. - The complaint alleges that the Offering Documents were negligently prepared and failed to disclose critical information about the company's growth prospects and operational readiness [6]. Group 2: Financial Impact - On September 22, 2025, Firefly reported disappointing financial results for Q2 2025, leading to a stock price drop of $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [6]. - Following a disclosure on September 29, 2025, regarding an incident with the Alpha Flight 7 rocket, the stock price fell by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [6]. - As of the filing of the complaint, Firefly's stock price was significantly below the $45.00 per share Offering price, indicating substantial losses for investors [6].

NEW YORK, Jan. 9, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Firefly Aerospace Inc. ("Firefly Aerospace Inc." or the "Company") (NASDAQ: FLY) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Firefly Aerospace Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired: (a) Firefly comm ...

Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of Firefly Aerospace Inc. (NASDAQ: FLY) who purchased shares during a specified class period, alleging that the company made materially false and misleading statements regarding its business operations and growth prospects [1][4]. Group 1: Class Action Details - The class period for the lawsuit includes all persons and entities that purchased or acquired Firefly common stock from the initial public offering on August 7, 2025, and securities between August 7, 2025, and September 29, 2025 [3]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiff, although this is not required to participate in any recovery [5]. Group 2: Allegations Against Firefly Aerospace - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [4]. - It is claimed that Firefly also overstated the operational readiness and commercial viability of its Alpha rocket program [4]. - The lawsuit suggests that the revelations of these misstatements would likely have a materially negative impact on the company [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [6]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements or omissions that led to artificial inflation of stock prices [6].

Core Viewpoint - A securities class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly making false and misleading statements regarding its business operations and growth prospects during its IPO and subsequent period [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Firefly common stock during the IPO on August 7, 2025, and securities between August 7, 2025, and September 29, 2025 [1]. - The lead plaintiff deadline for the lawsuit is January 12, 2026 [1]. Group 2: Allegations Against Defendants - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [2]. - It is claimed that the Alpha rocket program did not meet its operational readiness and commercial viability as represented [2]. - As a result of these issues, the statements made by the defendants regarding the company's business and prospects were materially false and misleading [2]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by January 12, 2026, or may choose to remain absent [3]. - The lead plaintiff will act on behalf of all class members and select counsel to represent the class [3]. Group 4: Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4]. - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4].

Core Viewpoint - A class action lawsuit has been initiated against Firefly Aerospace Inc. for allegedly issuing misleading statements regarding its business operations and financial prospects, particularly related to its Spacecraft Solutions and Alpha rocket program [2]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities that purchased Firefly common stock during the class period from August 7, 2025, to September 29, 2025 [1]. - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially be appointed as lead plaintiffs [3]. Group 2: Allegations - The complaint alleges that Firefly overstated the demand and growth prospects for its Spacecraft Solutions offerings [2]. - It is claimed that Firefly also overstated the operational readiness and commercial viability of its Alpha rocket program [2]. - The lawsuit suggests that the revelations of these misstatements would likely have a materially negative impact on the company [2]. Group 3: Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates on the case [3]. - There is no cost or obligation for shareholders to participate in the lawsuit [3]. Group 4: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

Core Viewpoint - Firefly Aerospace Inc. is facing a federal securities class action lawsuit due to allegations of misleading statements regarding its business operations and financial performance, particularly concerning its Spacecraft Solutions offerings and Alpha rocket program [4][6]. Group 1: Legal Proceedings - Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace and has set a deadline of January 12, 2026, for investors to seek the role of lead plaintiff in the class action [2]. - The lawsuit alleges that Firefly and its executives violated federal securities laws by making false statements and failing to disclose critical information about the company's operational readiness and growth prospects [4]. Group 2: Financial Performance - Firefly 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 from the same quarter in 2024 [6]. - The Spacecraft Solutions business segment reported revenue of only $9.2 million, marking a 49% year-over-year decrease [6]. Group 3: Stock Performance - 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]. - After the disclosure of a failed rocket stage on September 29, 2025, Firefly's stock price dropped by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [8][9].

Core Viewpoint - A class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly misleading investors regarding the company's IPO and subsequent financial performance [7]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased Firefly common stock during the IPO on August 7, 2025, and those who acquired shares between August 7, 2025, and September 29, 2025 [7]. - Investors have until January 12, 2026, to apply to the Court to be appointed as lead plaintiff in the lawsuit [7]. Group 2: Allegations - The complaint alleges that the Offering Documents related to the IPO were negligently prepared, failing to disclose critical information about the company's operations and growth prospects [7]. - Specific allegations include overstated demand for Firefly's Spacecraft Solutions, overstated operational readiness of the Alpha rocket program, and the potential negative impact on the company once these issues were revealed [7]. Group 3: Financial Impact - Following disappointing financial results reported on September 22, 2025, Firefly's stock price fell by $7.58 per share, or 15.31%, closing at $41.94 on September 23, 2025 [7]. - On September 29, 2025, after disclosing an incident with the Alpha Flight 7 rocket, the stock price dropped by $7.66 per share, or 20.73%, closing at $29.30 on September 30, 2025 [7]. - As of the filing of the complaint, Firefly's stock continues to trade significantly below the $45.00 per share Offering price, indicating substantial losses for investors [7].