Texas Trendsetter Takes Flight with Nasdaq: Firefly Launches IPO

Space and protection modern technology firm Firefly Aerospace made its public launching on Thursday August 7, 2025, marking one more guiding Texas company tapping Nasdaq as its partner for signing up with public markets.

“The Opening Bell Event on an IPO day does not simply start a trading day– it signifies the launch of a brand-new phase. And for a company that has grasped the art of introducing, touchdown, and operating in space, there’s no much better metaphor for today,” said Rachel Racz, Nasdaq Senior Citizen Vice President and Head of Listings for Texas, Southern United State, and Latin America.

“For Firefly, it’s always had to do with more than just reaching the celebrities. Their culture embraces a distinct can-do spirit where they urge each other to fantasize large. This team of believers and doers has actually had the ability to change a lot of vibrant concepts into amazing success by handling calculated dangers and perfectly performing.” claimed Racz.

Firefly joins over 200 various other Texan pioneers that are provided on the Nasdaq Securities Market ® , representing nearly $ 1 8 trillion in market capitalization. That consists of Irving, Texas-based cancer diagnostic company Caris Life Sciences, which commemorated its initial public offering at Nasdaq MarketSite ® in June.

Along with the lots of listings that have involved Nasdaq from Texas, the exchange has actually additionally invited more than 25 Texan firms that have moved their corporate listings from various other exchanges, consisting of Texas Instruments, Baker Hughes, American Airlines, and Noble Energy.

$ 47 billion customer staples gigantic Kimberly-Clark became the current Texas-based market leader to make the button to Nasdaq when it joined the exchange in May

“The most special aspect of Texas is individuals. As a Texan, I have actually had a front-row seat to the stratospheric growth of the economy,” Racz told Nasdaq Newsroom “This development has been built on advancement, monetary stamina, and solid local communities.”

Nasdaq has actually happily supported the more comprehensive Southeast regional economic climate for virtually 20 years, partnering with over 2, 000 clients, around 800 of which are based in Texas.

In May, Nasdaq stood together with Texas Governor Greg Abbott as he authorized Senate Costs 29– a spots regulation that empowers board supervisors and business leaders to make good-faith and thoughtful decisions without the continuous threat of difficult and pricey lawsuits.

“Us senate Costs 29 is a milestone for business administration in Texas. By accepting clever, innovation-focused policy like SB 29, Texas is showing the world what it implies to bait financial development and modern-day, clear governance principles,” claimed Ed Knight, Executive Vice Chairman of Nasdaq “We compliment Legislator Bryan Hughes, Agent Morgan Meyer, and Guv Greg Abbott for progressing regulation that enhances Texas’ setting as an international facility for resources formation.”

Earlier this year, Nasdaq additionally strengthened its dedication to Texas by revealing prepare for a new regional headquarters in Dallas and increased financial investment in the Lone Celebrity State.

“Texas is flourishing” Racz claimed. “And Nasdaq is so fired up and proud to be part of it.”

Discover more regarding Nasdaq’s dedication to Texas.

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