Firefly Aerospace, the space and defense technology firm with strong footholds in Burnet and Williamson counties, plans to go public.

The private space company announced Monday, July 28, that it will soon offer 16.2 million shares of its stock for purchase, with an initial price range of $35 to $39. At the proposed rates, Firefly could raise $567 million to $631.8 million.

According to a July 28 media release , the funds would be used to repay debts, unpaid dividends, and for “general corporate purposes.”

The Central Texas space firm came to international prominence in March , when it completed the first-ever fully successful commercial moon landing.

Firefly is currently in a “roadshow” phase of its initial public offering, during which executives and underwriters are drumming up i

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