05:41 PM EDT, 08/13/2026 (MT Newswires) -- Firefly Aerospace ( FLY ) said Thursday it was awarded a contract by the Defense Innovation Unit and Space Development Agency to complete a preliminary design review for a mission providing deorbit services with its Elytra spacecraft.

Following completion of the preliminary design review, Firefly will be eligible to compete for the next phase of the mission, according to a statement.