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The positive sentiment surrounding new space IPOs may uplift KRMN's valuation as investors draw parallels with Karman's strong performance post-IPO.
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Firefly Aerospace's IPO priced at $45, raising $868.3 million. Karman Holdings' shares rose 61.7% since February IPO. Firefly's successful lunar lander supports NASA's Artemis program. Strong investor demand for space IPOs indicates market optimism. Firefly secured a $176.7 million NASA contract for lunar payloads.
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