Firefly Aerospace, the Cedar Park-based space and technology company that recently became the first commercial company to land on the moon, was awarded

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

Northrop Grumman-backed space technology startup Firefly Aerospace is targeting a valuation of about $5.5 billion in its U.S. initial public offering, as investor appetite for high-growth sectors shows signs of a sustained rebound.