Firefly Aerospace completed the acquisition of SciTec for $855m.

Firefly Aerospace, a private aerospace firm that designs, manufactures, tests, and launches space launch vehicles, completed the acquisition of SciTec, a compamny specializes in delivering cutting-edge advanced sensor systems, data-processing algorithms, and testing equipment, for $855m. “Today marks the next era of Firefly with full-service hardware and software for our space and defense customers. SciTec brings more than four decades of experience supporting high-stakes national security missions with industry-leading software applications and big data processing capabilities that are highly complementary of Firefly’s launch, lunar, and in-space vehicles. Together, Firefly and SciTec bring the talent and tech to support the most critical national security programs and deliver the future of edge processing for dynamic space operations,” Jason Kim, Firefly Aerospace CEO.