Close Menu
Tech News VisionTech News Vision
  • Home
  • What’s On
  • Mobile
  • Computers
  • Gadgets
  • Apps
  • Gaming
  • How To
  • More
    • Web Stories
    • Global
    • Press Release

Subscribe to Updates

Get the latest tech news and updates directly to your inbox.

Trending Now

Ghost of Yotei Praised in Japan for How Quintessentially Hokkaido It Feels

6 October 2025

AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance

6 October 2025

The Best Camera Bags, Straps, and Backpacks

6 October 2025
Facebook X (Twitter) Instagram
  • Privacy
  • Terms
  • Advertise
  • Contact
Facebook X (Twitter) Instagram Pinterest VKontakte
Tech News VisionTech News Vision
  • Home
  • What’s On
  • Mobile
  • Computers
  • Gadgets
  • Apps
  • Gaming
  • How To
  • More
    • Web Stories
    • Global
    • Press Release
Tech News VisionTech News Vision
Home » Firefly acquires SciTec in deal worth $855m
What's On

Firefly acquires SciTec in deal worth $855m

News RoomBy News Room6 October 2025Updated:6 October 2025No Comments
Facebook Twitter Pinterest LinkedIn Tumblr Email

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.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Asos launches immersive video shopping on app

6 October 2025

This Steam Deck rival dares you to embrace the cord

6 October 2025

The Best Mesh Wi-Fi Systems for WFH, Gaming, and Streaming

6 October 2025

BT to roll out 5G standalone to 99% of UK by 2030

6 October 2025
Editors Picks

A Knight of the Seven Kingdoms Showrunner Explains the Big Difference With Game of Thrones That Fans Will Instantly Notice

6 October 2025

This Steam Deck rival dares you to embrace the cord

6 October 2025

The Best Mesh Wi-Fi Systems for WFH, Gaming, and Streaming

6 October 2025

BT to roll out 5G standalone to 99% of UK by 2030

6 October 2025

Subscribe to Updates

Get the latest tech news and updates directly to your inbox.

Trending Now
Tech News Vision
Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact
© 2025 Tech News Vision. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.