NASA has selected Firefly Aerospace for a fourth lunar lander mission, this one taking rovers and instruments to the south polar region of the moon.

Cedar Park-based Firefly Aerospace announced Monday that it has priced its initial public offering and is hoping to raise at least $557 million.

The Firefly Aerospace Blue Ghost lander on the moon was captured by NASA's Lunar Reconnaissance Orbiter. Credit: Space.com | imagery courtesy: NASA/GSFC/Arizona State University / Firefly Aerospace |

Firefly Aerospace seeks to raise more than $600 million through a public stock offering, an arrangement that would boost the company's market valuation to near $5.5 billion, according to a document filed with the SEC on Monday.

The Cedar Park-based company, which plans to trade on the Nasdaq market as FLY, would launch with a valuation of about $5.5 billion.

The Firefly Aerospace Blue Ghost moon lander has begun its work on the moon using its drill, vacuum and electrodes. Blue Ghost has drilled into surface to determine heat flow from interior of Moon. It has deployed four tethered Lunar Magnetotelluric Sounder (LMS) electrodes and an 8-foot mast to study the deep interior of the moon.

Firefly Aerospace could be valued at as much as $5.5 billion if the IPO prices at the top of the expected range.

A Firefly Aerospace’s Blue Ghost lunar lander was on display on the lake terrace at The Broadmoor during the Space Symposium this week. Firefly’s Blue Ghost Mission 1 launched on Jan. 15 and ...