Firefly, AST SpaceMobile Stocks Rise on $1.3B Rocket Engine Deal: What’s Happening? - AST SpaceMobile…

Benzinga · Dylan Berman · 2026-11-06 13:45 UTC

Firefly Aerospace and AST SpaceMobile are rising Friday after Firefly announced a $1.3 billion-plus rocket engine deal with AST SpaceMobile.

Firefly Aerospace Inc. (NASDAQ:FLY) and AST SpaceMobile Inc. (NASDAQ:ASTS) shares are trading higher Friday after Firefly announced a rocket engine agreement with AST SpaceMobile valued at more than $1.3 billion. The move may also reflect a recovery in space and defense stocks after losses Thursday, when concerns about military spending following Democrats’ midterm gains weighed on the sector.

- Firefly stock is showing exceptional strength. Why is FLY stock up today?

Firefly to Deliver 36 Rocket Engines, License Engine Technology to AST SpaceMobile

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