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Shooting Starfighters Space will begin trading on NYSE American under the ticker FJET, following an IPO aimed at raising $40 million. This listing marks the first instance of a space company utilizing Regulation A for an IPO, which allows smaller firms to access public capital markets.

The IPO aligns with increasing investor interest in space and defense technologies amid heightened governmental spending. The raised capital will support fleet expansion and development of new mission capabilities, particularly participation in the MACH-TB program, which focuses on hypersonic technology testing.

The company targets the smaller, high-speed, and high-altitude cargo segment, offering rapid access for testing and evaluation. In the short term, Starfighters aims to scale operations and expand service offerings, while continuing its focus on R&D and operational revenue generation.