Max Polyakov’s Firefly Aerospace: What Building The New Space Era Looks Like
The Space industry has experienced a lot of changes over the last decade. It includes not only the development of new technologies and materials, but also a new approach to space exploration. The latter is a more cost-effective approach and has opened the way for new players. Firefly Aerospace, a company founded by Max Polyakov, is destined to be one of them.
As early as 2017, Firefly Space Systems had problems, such as unprofitable services and big losses. Despite these challenges and skepticism from other players in the orbital launch industry, Max Polyakov (Maxim Polyakov) purchased the company to make it a leader among space industry companies. Now, the updated Firefly Aerospace is more modern and more efficient than ever before. It’s currently making significant strides in development.