Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced an agreement with AST SpaceMobile (NASDAQ:ASTS) for more than $1.3 billion to deliver 36 rocket engines, provide a license to the engine’s intellectual property, and offer engineering support over a three-year period for AST SpaceMobile’s new heavy-lift rocket. The agreement provides Firefly with additional funds to accelerate its existing launch vehicle production and broader technology roadmap.

Under the agreement, Firefly will deliver 27 of its Miranda engines and nine of its vacuum-variant Vira engines for AST SpaceMobile’s first three rockets, and provide the license for AST SpaceMobile to manufacture the engines.

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