A Firefly Aerospace manager shows a company satellite to a visitor during a Small Satellite Conference in Logan, Utah on Aug.7, 2018.

U.S. aerospace company Firefly Aerospace cofounded by Ukraine-born multimillionaire Max Polyakov has raised $75 million from a group of investors, the company announced on April 4. The money will help Firefly to prepare for its first commercial rocket launch in mid-June.

After this investment round, the company’s valuation has exceeded $1 billion, making it another space firm with a “unicorn” status along with SpaceX, OneWeb, Virgin Galactic and Blue Origin.

Source: www.kyivpost.com

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