31 December 2021
by Marc Selinger
Noosphere Venture Partners, a space technology investment firm founded and controlled by Ukrainian entrepreneur Max Polyakov, plans to sell its approximately 50% stake in US space launch start-up Firefly Aerospace at the request of the US government, Firefly and Noosphere both confirmed on 30 December.
Noosphere intends to hire an investment banking firm to help with the sale, which was first reported by Bloomberg. Until the transaction is completed, the US government plans to limit Firefly's operations at Vandenberg Space Force Base in California, Firefly said.
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Noosphere Venture Partners, a space technology investment firm founded and controlled by Ukrainian e...