FireFly Aerospace Alpha Flight 7 rocket event resulted in loss of stage

In a mission update dated September 29, FireFly Aerospace (FLY) stated: “During testing at Firefly’s facility in Briggs Texas, the first stage of Firefly’s Alpha Flight 7 rocket experienced an event that resulted in a loss of the stage. Proper safety protocols were followed, and all personnel are safe. The company is assessing the impact to its stage test stand, and no other facilities were impacted. Regular testing is part of Firefly’s philosophy – we test each critical component, engine, and vehicle stage to ensure it operates within our flight requirements before we ship to the launch pad. We learn from each test to improve our designs and build a more reliable system. We will share more information on the path forward at a later date.”