OneSmarTrader
$FLY Key Developments:
Firefly Aerospace announced it completed the Preliminary Design Review (PDR) for its Elytra spacecraft under a ~$75 million NASA/JPL subcontract for the MoonFall mission. 
• Elytra will deliver four drones built by NASA’s Jet Propulsion Laboratory (JPL) to the Moon’s south pole.
• The review (with NASA and JPL participation) covered structural, thermal, propulsion, avionics, trajectory, guidance/navigation, communications, control systems, and test plans. It confirmed the design meets requirements.
• Firefly is now moving toward the Critical Design Review (CDR), then hardware production and assembly.
• The company highlighted completing PDR less than four months after the contract award.
• MoonFall is targeted to be launch-ready by late 2028 as part of NASA’s broader Moon Base initiative (supporting sustained presence and activity at the lunar south pole). After launch, Elytra will go from Earth orbit to lunar orbit and deploy the drones.
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