Home / Business and Economy / AST SpaceMobile Rockets Up with Firefly Engines
AST SpaceMobile Rockets Up with Firefly Engines
6 Nov
Summary
- AST SpaceMobile will build its own rocket.
- Firefly Aerospace is providing 36 rocket engines.
- The initial deal is worth $1.3 billion.
AST SpaceMobile Inc. has revealed plans to construct its own rocket, entering a competitive space against rivals like SpaceX. This initiative will see the company powered by engines supplied by Firefly Aerospace Inc.
The partnership entails Firefly Aerospace providing 36 rocket engines to AST SpaceMobile. This initial agreement alone is valued at an impressive $1.3 billion, according to recent announcements from both companies.
This strategic move by AST SpaceMobile signifies a substantial investment and a bold step towards greater control over its space deployment capabilities. The collaboration with Firefly Aerospace is crucial for this ambitious undertaking.
