Firefly Aerospace to acquire SciTec for $855m.

Firefly Aerospace, a private aerospace firm that designs, manufactures, tests, and launches space launch vehicles, agreed to acquire SciTec, a compamny specializes in delivering cutting-edge advanced sensor systems, data-processing algorithms, and testing equipment, for $855m. “The acquisition of SciTec enhances our ability to support a growing number of defense missions and provides us with a significant operational advantage. SciTec’s mission-proven software and big data processing capabilities provide warfighters with rapid, accurate information to enable informed decisions that protect our homeland from emerging threats. These capabilities significantly enhance our ability to deliver integrated, software-defined solutions for critical national security imperatives, particularly Golden Dome. We are excited to welcome the SciTec team to the Firefly family and look forward to working together to continue to deliver leading edge solutions to advance our country’s strategic advantage in space,” Jason Kim, Firefly Aerospace CEO.