Space and defence tech specialist Firefly Aereospace (Firefly) has acquired advanced national security technology firm SciTec in a deal worth $855 million.
The deal was concluded with a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
The addition of SciTec's full-stack software and big data processing capabilities expands Firefly's launch, landing and orbital mission services for space and defence customers, while the defence specialist continues to enhance its national security capabilities.
SciTec's core capabilities, which include missile warning, tracking and defence, intelligence, surveillance and reconnaissance, space domain awareness, and autonomous command and control, will complement Firefly'sits lunar and space services, Firefly said.
Additionally, SciTec further adds ground and onboard data processing as well as AI-enabled systems designed for low latency operations to support advanced threat tracking and response across multiple domains.
The agreement stipulates that SciTec will operate as a subsidiary of Firefly under the current business model led by current SciTec chief executive Jim Lisowski, who will report to Firefly chief executive Jason Kim.
SciTec generated revenues of approximately $164 million in the twelve-month period ending 30 June 2025.
Earlier this year, it was awarded a $259 million contract by the US Space Force to further enhance the Future Operational Resilient Ground Evolution (FORGE) framework.
On Monday, chief executive at Firefly AerospaceFirefly boss Jason Kim emphasised explained that the acquisition aims to further the technology company's ability to support a growing number of defence missions, providing the companydefence technology specialist 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,” Kim added.
Kim emphasised went on to say thatthat SciTec's capabilities will strengthen Firefly's ability to provide integrated, software-defined solutions for critical national security needs.
Commenting on the deal, SciTec’s chief executive Lisowski, said the two firms share “similar cultures.”
“Both teams are empowered, rapid innovators who are passionate about our critical missions and willing to take on near impossible tasks to ensure we protect our country from future threats,” he continued.
Kim stressed that the deal will particularly focus on boosting tech solutions for Golden Dome, a multi-layered missile defence government initiative that aims to protect the US from advanced missile threats, including ballistic, cruise and hypersonic missiles, using interceptors and space-based sensors.
The initiative was signed by US President Donald Trump last January, with Firefly proposing a range of supporting technologies, including Alpha Rocket, a technology capable of launching test targets at short notice.
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