May 29 (Reuters) - U.S. defense contractor Northrop
Grumman ( NOC ) has invested $50 million into space startup
Firefly Aerospace to aid the production of their jointly
developed rocket, the companies said on Thursday.
The medium launch vehicle, dubbed "Eclipse", is built upon
Northrop Grumman's ( NOC ) Antares and Firefly's Alpha rocket, and is
set to first launch from Wallops Island, Virginia, as early as
2026.
Eclipse is designed to support space station resupply,
commercial spacecraft, critical national security missions and
scientific payloads for domestic and international markets.
Northrop's investment comes as interest in space startups
heats up under U.S. President Donald Trump's efficiency drive,
encouraging more joint projects between big defense contractors
and smaller tech firms.
Firefly gained prominence in the space race after becoming
the second private firm to score a moon landing in a successful
first attempt with its uncrewed Blue Ghost spacecraft earlier
this year.
The Texas-based company was valued at more than $2 billion
in November, when it raised $175 million in a late-stage funding
round. It makes small- and medium-lift launch vehicles for
commercial launches to the earth's orbit.
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Devika
Syamnath)