SciTec Acquired by Firefly Aerospace
Adds Full-Stack Software and Big Data Processing Capabilities
A definitive agreement has been reached for the acquisition of national security technology company SciTec, Inc. by Firefly Aerospace for approximately $855 million. The package includes a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
“We believe Firefly is the best home for ou…
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