Firefly Aerospace has entered into a definitive agreement to acquire SciTec, Inc., for approximately $855 million. The acquisition will be through a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at $50 per share.
The acquisition will thereby advance Firefly’s comprehensive space services by adding mission-proven defense software analytics, remote sensing, and multi-phenomenology data expertise
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