Firefly Aerospace Inc. (NASDAQ:FLY) said Wednesday it is collaborating with Nvidia Corp. (NASDAQ:NVDA) to enable rapid, on-orbit data processing for its Ocula Moon imaging service.
The effort integrates an Nvidia Jetson module into high-resolution telescopes developed by Lawrence Livermore National Laboratory, ahead of deployment on Firefly's Elytra orbital vehicle.
The Ocula service will be activated aboard Elytra during Blue Ghost Mission 2, targeted to launch no earlier than late 2026. Elytra will initially function as a transfer vehicle and communications relay for Firefly's Blue Ghost lander.
It will then operate in lunar orbit for about five years, capturing continuous imagery to support mapping, mineral detection, and reconnaissance.
Firefly said Ocula data will be processed onboard Elytra and transmitted back to Earth using the Jetson module and its SciTec AI software.
The approach is designed to reduce bandwidth constraints by converting raw data into real-time, actionable insights before transmission.
Technical Analysis
At $38.07, the stock is trading 50.1% above its 20-day simple moving average (SMA) of $25.78, suggesting strong short-term momentum. It is also 63.1% above its 50-day SMA of $23.72, indicating a bullish intermediate trend.
The relative strength index (RSI) is at 73.33, indicating the stock is in overbought territory. This suggests a potential pullback if buying pressure eases.
The MACD shows a bullish signal, with the MACD line above the signal line. This reinforces the stock's positive momentum.
- Key Resistance: $40.00 — A psychological level where selling pressure may increase.
- Key Support: $35.00 — A level where buying interest may emerge.
Earnings & Analyst Outlook
Firefly Aerospace will provide its next financial update on June 22, 2026 (estimated).
- EPS Estimate: Loss of 52 cents
- Revenue Estimate: $77.16 million
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $27.20. Recent analyst moves include:
- Cantor Fitzgerald: Overweight (Lowers Target to $35.00) (March 26)
- Goldman Sachs: Neutral (Raises Target to $32.00) (January 20)
- Keybanc: Initiated with Sector Weight (December 19, 2025)
FLY Price Action: Firefly Aerospace shares were up 7.37% at $38.19 at the time of publication on Wednesday, according to Benzinga Pro data.
Photo by T. Schneider via Shutterstock