Jim Lisowski will continue to lead SciTec and report directly to Firefly CEO Jason Kim.
Lisowski will continue to lead SciTec and report directly to Firefly CEO Jason Kim.Firefly Aerospace has entered into a definitive agreement to acquire SciTec, Inc., a leader in advanced national security technologies, for approximately $855m through a combination of $300m in cash and $555m in Firefly shares issued to SciTec owners at a price of $50 per share.
Jason Kim, CEO of Firefly Aerospace, said: “The acquisition of SciTec enhances our ability to support a growing number of defence missions and provides us with a significant operational advantage. SciTecs mission-proven software and big data processing capabilities provide warfighters with rapid, accurate information to enable informed decisions that protect our homeland from emerging threats. These capabilities significantly enhance our ability to deliver integrated, software-defined solutions for critical national security imperatives, particularly Golden Dome. We are excited to welcome the SciTec team to the Firefly family and look forward to working together to continue to deliver leading-edge solutions to advance our countrys strategic advantage in space.”
The acquisition will advance Fireflys comprehensive space services by adding mission-proven defense software analytics, remote sensing, and multi-phenomenology data expertise. SciTecs core capabilities which include missile warning, tracking and defense, intelligence, surveillance and reconnaissance, space domain awareness, and autonomous command and control will supplement Fireflys launch, lunar, and in-space services. SciTec further adds ground and onboard data processing as well as AI-enabled systems designed for low latency operations to support advanced threat tracking and response across multiple domains.
SciTec generated revenues of approximately $164m for the twelve-month period ending June 30, 2025, driven by robust contracts supporting the intelligence community, defense and national security agencies, and commercial customers. Earlier this year, SciTec was awarded a $259m contract by the US Space Force to further enhance the Future Operational Resilient Ground Evolution (FORGE) framework. SciTec is delivering a scalable, cyber-secure ground processing capability to strengthen the Space Forces missile warning and tracking mission and accelerate threat-responsive solutions for warfighters.
Jim Lisowski, CEO SciTec, added: “We believe Firefly is the best home for our business and people. In addition to the strong strategic fit, our cultures are similar. Both teams are empowered, rapid innovators who are passionate about our critical missions and willing to take on near impossible tasks to ensure we protect our country from future threats. We share a unique focus on providing differentiated, leading-edge solutions to our customers.”
SciTec is headquartered in Princeton, NJ, and maintains five additional facilities strategically positioned near key space and defense customers.
The acquisition is expected to close by year end 2025, subject to regulatory approvals and customary conditions. Once finalised, SciTec will be operated as a Firefly subsidiary under its current business model led by Jim Lisowski, current CEO of SciTec, who will report to Fireflys CEO Jason Kim.
