Shaun David

Firefly Aerospace runs an end-to-end space services model: it earns revenue at launch, in orbit, on the way to the Moon, and through defense software on the ground. Record Q1 2026 revenue of $80.9 million. Full-year guidance of $420 to $450 million implies nearly tripling 2025 revenue of $159.9 million, with roughly 80% of it already booked. A backlog of roughly $1.3 billion and more than $800 million in total liquidity fund the growth plan into 2028 without a forced capital raise.

PRYMUS mobile power platform delivers 1 to 10 MW of on-site power in roughly six months, compared to two to three years for traditional utility grid connections. Q1 2026 backlog grew 11% sequentially to $13.9 million; the company secured a $6 million PRYMUS award from a major national logistics customer for delivery in H2 2026. Confidential Fortune 100 e-commerce client (likely Amazon) already piloting EV charging solutions, with plans to expand across the entire U.S. and Canada in 2026.

QNX is embedded in 275 million vehicles globally, powering emergency braking, ADAS, and cockpit systems for BMW, Toyota, Volkswagen, and nearly every major OEM. NVIDIA partnership (April 2026) integrates QNX OS for Safety 8.0 with IGX Thor, making BlackBerry the certified safety layer for robotics, medical, and industrial AI. FY2026 revenue hit $549M with Q4 up 10% YoY; QNX alone grew 20% in Q4 to a record $268M annual run rate with 83% gross margins.