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Day: March 12, 2026

Firefly Aerospace Successfully Launches Alpha Flight 7

Stairway to Seven mission tested and validated key Alpha Block II upgrades ahead of Flight 8LOMPOC, Calif., March 11, 2026 (GLOBE NEWSWIRE) — Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced the successful launch of its Alpha Flight 7 Stairway to Seven mission. Alpha lifted off from Firefly’s Space Launch Complex 2 at the Vandenberg Space Force Base at 5:50 pm PDT on March 11 before completing an orbital insertion and delivering a demonstrator payload for Lockheed Martin. Firefly’s Alpha rocket also performed a stage two engine relight and validated key Alpha Block II upgrades, including a new in-house avionics suite and enhanced thermal protection system, ahead of the full Block II configuration upgrade planned for Flight 8. “Alpha Flight 7 was flawlessly executed with all...

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GlobalFoundries Announces Pricing of Public Secondary Offering and Concurrent Share Repurchase

MALTA, N.Y., March 11, 2026 (GLOBE NEWSWIRE) — GlobalFoundries (Nasdaq: GFS) (GF) today announced the pricing of a secondary public offering of 20,000,000 ordinary shares to the public at a price to the public of $42.00 per share and $300 million of ordinary shares to be repurchased by GF, as described below. All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its affiliates, is GF’s largest shareholder). The Selling Shareholder has also granted the underwriters a 30-day option to purchase up to an additional 3,000,000 of GF’s ordinary shares (equal to 15% of the initial ordinary shares being sold to the public) at the public offering price minus underwriting...

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