$FLY: Firefly just reported Q3 revenue of $110.7M vs $102.3M consensus, up 259% YoY. • Revenue: $110.7M vs $102.3M expected • Non-GAAP EPS: -$0.45 vs -$0.53 expected • Adj. EBITDA loss: $69.5M • Record backlog: $1.7B, up from $1.5B in Q2 • FY26 revenue guide raised to $440M-$450M from $420M-$450M • Cash + short-term investments: $534.7M Recent wins include the $1.3B AST SpaceMobile deal for Miranda engines, IP license and engineering, a Synspective deal for up to 10 Alpha launches through 2030, and a vendor spot on NASA's $10B CLPS 2. Miranda engine qualification has begun with 170+ hot fires so far. "With five Moon missions running in parallel, Alpha Block II moving toward launch, SciTec executing on critical national security programs, and our strategic deal with AST SpaceMobile, we are converting our pipeline and backlog into results." Jason Kim, CEO