$FLY

Firefly Aerospace (FLY) appointed Rick Ambrose to its board and committees on October 5, 2026, replacing Thomas Zurbuchen, who resigned on September 30, 2026. Ambrose, 68, is a current director at Textron and has held senior roles at Lockheed Martin and Hughes.

Firefly Aerospace Inc. (FLY) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Director On September 30, 2026, Thomas Zurbuchen notified the Board of Directors (the “Board”) of Firefly Ae

SpaceX (SPCX) outperformed peers this week, with Starship reaching orbit and AI milestones, while rivals RKLB, FLY, PL, ASTS, and RDW saw declines. SPCX fell 0.4%, RKLB 5%, FLY 6%, PL 7%, ASTS 8%, and RDW 9%. SpaceX's AI ambitions include a potential 250-kilowatt Nvidia VR72 system, with compute agreements from Google and Anthropic. RKLB secured a record deal and ARK bought shares. ASTS shipped BlueBirds and secured spectrum discussions. PL launched Google's AI prototype.

Firefly Aerospace (FLY) reported Q2 revenue of $117.7M, up 659% YoY, with 2026 guidance of $420M-$450M. The company secured multiple contracts, including a $144M NASA deal, and expanded production capacity. Despite a Q2 loss of $92.3M, Firefly is diversifying into lunar missions, orbital services, and defense contracts.

Firefly Aerospace (FLY) shares rose 5.3% after announcing a deal with Starcloud to demonstrate AI computing in lunar orbit. The SC-1L payload will fly on Firefly's Elytra vehicle for a 2028 mission, processing data from the Solux system. Firefly aims to support lunar infrastructure, with plans for a five-year orbital presence. Starcloud's CTO noted the demo will validate on-site data processing for off-Earth infrastructure.

SpaceX's Starship reached orbit for the first time on its 14th test flight, deploying 26 Starlink V3 satellites. Despite an engine issue, the mission was cut short with a controlled splashdown. SpaceX aims for routine Starship flights later this year. Analysts suggest smaller launch companies like Rocket Lab (RKLB) and Firefly (FLY) may benefit due to Starship's limitations in serving smaller customers with specific orbit needs. SpaceX stock (SPCX) rose 1.97% following the launch.

Meta (META) launched Muse AI agent, smart glasses, and VR device. Broadcom (AVGO) hardware is under probe in China. Qualcomm (QCOM) introduced new Snapdragon chips. Alphabet (GOOGL) to test AI chips in space. Nvidia (NVDA) expects AI infrastructure boom. Western Digital (WDC) seen benefiting from AI storage demand. Palo Alto Networks (PANW) CEO comments on AI regulation. Amazon (AMZN) opens platform to Anthropic's Claude. Tesla (TSLA) teased Roadster EV and Semi updates.

MaxLinear (MXL) surged 11.46% to $95.08, while Zscaler (ZS) fell 8.42% to $196.57 and Twilio (TWLO) dropped 6.57% to $279.97 in midday trading. Other gainers included Almonty (ALM), PPLI, Maase (MAAS), and Firefly (FLY). Notable decliners were PURR, SECZ, and FRVO.

Firefly Aerospace (FLY) reported a 659% year-over-year Q2 revenue surge to $117.7M, with full-year guidance of $420M-$450M. The company secured a multi-launch deal with SSC Space for 2028, expanding its European market. Despite strong growth, heavy capital demands impact near-term cash flow. Institutional positioning reflects mixed views on execution risk and long-term potential.

Rocket Lab (RKLB), Firefly (FLY), Planet Labs (PL), and Redwire (RDW) outperformed SpaceX (SPCX) this week. RKLB rose 14%, FLY 10%, RDW 8%, and PL 7%, while SPCX fell 3%. RKLB's gains followed successful launches and a $122 price target from Cantor Fitzgerald. FLY expanded its cleanroom capacity, PL announced new initiatives, and RDW secured a $980M contract. SPCX's sentiment turned bearish.