Starfighters Space to Begin Trading Today on NYSE
FJET Takes Off After Raising $40 Million
Shares of Starfighters Space common stock will begin trading today on the New York Stock Exchange (NYSE) American under the ticker symbol “FJET”. Trading is scheduled to start at 10:30 a.m. EST.
“With FJET officially trading later today, Starfighters has become the first space company to transition from a Regulation A Tier 2 offering to listing on the NYSE.”
Rick Svetkoff, Starfighters Space
In connection to the listing, Starfighters raised an aggregate of $40 million to advance its R&D, scale its operations and accelerate the development of its STARLAUNCH I and STARLAUNCH II programs. Both programs are currently in development and are expected to be capable of sub-orbital launches of small satellites and payloads from Starfighters’ fleet of commercially flight-ready F-104 supersonic aircraft, providing a proven reusable piloted platform via an equally well-established launch vehicle.
“With FJET officially trading later today, Starfighters has become the first space company to transition from a Regulation A Tier 2 offering to listing on the NYSE,” said Rick Svetkoff, CEO and Founder of Starfighters and former U.S. Navy pilot. “Over the past several decades, space and satellite technology has become the invisible foundation of our digital world, and we believe our successful listing signals a proven belief in the value of this industry and the appetite from investors for forward-thinking companies like ours capable of pushing the boundaries of what is possible in low earth orbit. With this milestone completed, looking ahead, we are laser focused on preparing our STARLAUNCH platforms to address the backlog of customer orders, begin launches out of Texas and grow our hypersonic R&D/T&E platform to unlock additional revenues streams and continue scaling our business.”
Located at the NASA Kennedy Space Center in Florida, the Company operates a growing fleet of modified supersonic aircraft operationally configurable to act as the first stage lifting platform to carry payloads up to 45,000 feet for air launch to space. Additional activities include support research, pilot training, space flight training, and advanced scientific efforts including hypersonic testing as part of air launch partner development programs.