Texas Innovator Takes Flight with Nasdaq: Firefly Launches IPO

Area and protection Technology firm Firefly Aerospace made its public debut on Thursday August 7, 2025, marking one other trailblazing Texas firm tapping Nasdaq as its companion for becoming a member of public markets.

“The Opening Bell Ceremony on an IPO day doesn’t simply start a buying and selling day – IT indicators the launch of a brand new chapter. And for an organization that has mastered the artwork of launching, touchdown, and working in area, there’s no higher metaphor for as we speak,” stated Rachel Racz, Nasdaq Senior Vice President and Head of Listings for Texas, Southern U.S., and Latin America.

“For Firefly, IT’s all the time been about extra than simply reaching the celebrities. Their tradition embraces a singular can-do spirit the place they encourage one another to dream huge. This group of believers and doers has been in a position to remodel so many daring concepts into exceptional achievements by taking up calculated dangers and flawlessly executing. ” stated Racz.

Firefly joins over 200 different Texan innovators who’re listed on the Nasdaq Inventory Market^®, representing practically $1.8 trillion in market capitalization. That features Irving, Texas-based most cancers diagnostic agency Caris Life Sciences, which celebrated its initial public offering at Nasdaq MarketSite^® in June.

Together with the various listings which have come to Nasdaq from Texas, the change has additionally welcomed greater than 25 Texan firms which have transferred their company listings from different exchanges, together with Texas Devices, Baker Hughes, American Airways, and Noble Vitality.

$47 billion shopper staples large Kimberly-Clark grew to become the newest Texas-based trade chief to make the change to Nasdaq when IT joined the change in Might.

“Probably the most particular factor about Texas is the individuals. As a Texan, I’ve had a front-row seat to the stratospheric progress of the economic system,” Racz advised Nasdaq Newsroom. “This progress has been constructed on innovation, monetary power, and powerful native communities.”

Nasdaq has proudly supported the broader Southeast regional economic system for practically twenty years, partnering with over 2,000 shoppers, roughly 800 of that are based mostly in Texas.

In Might, Nasdaq stood alongside Texas Governor Greg Abbott as he signed Senate Invoice 29 – a landmark laws that empowers board administrators and firm leaders to make good-faith and considerate selections with out the fixed risk of burdensome and expensive litigation.

“Senate Invoice 29 is a milestone for company governance in Texas. By embracing sensible, innovation-focused regulation like SB 29, Texas is exhibiting the world what IT means to guide on financial progress and trendy, clear governance rules,” said Ed Knight, Executive Vice Chairman of Nasdaq. “We commend Senator Bryan Hughes, Consultant Morgan Meyer, and Governor Greg Abbott for advancing laws that strengthens Texas’ place as a worldwide middle for capital formation.”

Earlier this 12 months, Nasdaq additional deepened its dedication to Texas by asserting plans for a brand new regional headquarters in Dallas and expanded funding within the Lone Star State.

“Texas is booming” Racz stated. “And Nasdaq is so excited and proud to be a part of IT.”

Be taught extra about Nasdaq’s dedication to Texas.

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Nasdaq^® is a registered trademark of Nasdaq, Inc. The Information contained above is supplied for informational and academic functions solely, and nothing contained herein must be construed as funding recommendation, both on behalf of a selected safety or an total funding technique. Neither Nasdaq, Inc. nor any of its associates makes any advice to purchase or promote any safety or any illustration concerning the monetary situation of any firm. Statements concerning Nasdaq-listed firms or Nasdaq proprietary indexes usually are not ensures of future efficiency. Precise outcomes could differ materially from these expressed or implied. Previous efficiency will not be indicative of future outcomes. Traders ought to undertake their very own due diligence and thoroughly consider firms earlier than investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

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