Reuters Science News Summary

Following is a summary of current science news briefs. Firefly Aerospace lifts IPO price range, targets $6 billion valuation amid space investment boom Northrop Grumman-backed Firefly Aerospace raised the proposed price range for its U.S. initial public offering on Monday and is now targeting a valuation of up to $6.04 billion in its U.S. listing, underscoring investor interest in space-related ventures. This compares with its prior proposed range of $35 to $39 per share.

Following is a summary of current science news briefs.

Firefly Aerospace lifts IPO price range, targets $6 billion valuation amid space investment boom

Northrop Grumman-backed Firefly Aerospace raised the proposed price range for its U.S. initial public offering on Monday and is now targeting a valuation of up to $6.04 billion in its U.S. listing, underscoring investor interest in space-related ventures. The Texas-based space startup aims to raise $696.6 million by selling 16.2 million shares priced between $41 and $43 each. This compares with its prior proposed range of $35 to $39 per share.