(Reuters) -Firefly Aerospace on Tuesday said it has received clearance from the Federal Aviation Administration to resume Alpha rocket launches, after a technical issue led to a failure in April.

Shares of the company were up nearly 5% in extended trading.

The Alpha rocket suffered a technical problem while ascending on its sixth flight, causing a Lockheed Martin satellite it was supposed to place into orbit to crash into the Pacific Ocean.

The space tech firm said it conducted an independent review into the incident, along with the FAA’s investigation, adding “The findings confirmed Firefly’s flight safety system performed nominally through all phases of flight…and the launch posed no risk to public safety.”

Alpha’s upper rocket body fired for several minutes and ascended an altitude

See Full Page