Firefly Aerospace (FLY) to Acquire Space-ng for Autonomous Navigation Capabilities

Jeff Lewis

Mon, June 29, 2026 astatine 6:13 AM CDT 2 min read

Firefly Aerospace Inc. (NASDAQ:FLY) is 1 of the 10 Best New Stocks to Buy Other Than SpaceX.

On June 26, 2026, Jefferies expert Sheila Kahyaoglu said Firefly Aerospace Inc. (NASDAQ:FLY) volition get Space-ng to integrate its AI vision-based autonomous navigation and optical guidance systems crossed the Blue Ghost lander and Elytra orbital conveyance programs. Kahyaoglu said the acquisition volition fortify GPS-independent navigation and in-house ngo bundle capabilities. Jefferies has a Buy standing and $52 terms people connected Firefly Aerospace shares.

On June 15, KeyBanc upgraded Firefly Aerospace to Overweight from Sector Weight with a $50 terms target. Following the SpaceX archetypal nationalist offering-related selloff, KeyBanc said it sees "compelling opportunities" crossed the rapidly increasing abstraction sector. The steadfast said NASA enactment is accelerating astatine a gait not seen since the Apollo era, and motorboat proviso remains "structurally constrained amid exponential growth" successful satellites and space-based applications. KeyBanc said it favors "well-capitalized" commercialized abstraction companies with vulnerability to nationalist information and NASA priorities, and upgraded some Rocket Lab and Firefly Aerospace to Overweight.

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Firefly Aerospace Inc. (NASDAQ:FLY) operates arsenic a abstraction and defence exertion institution and provides ngo solutions for nationalist security, government, and commercialized customers successful the United States.

While we admit the imaginable of FLY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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