Firefly Aerospace, a Texas-based space tech company, is hoping to list its stock on the Nasdaq in a highly anticipated IPO.

Firefly Aerospace increased the expected price range for its upcoming initial public offering (IPO), now targeting $41 to $43 per share. The Details: The new range would give the space technology firm a valuation of over $6 billion, an increase from its earlier target of $5.5 billion with a $35 to $39 share price, according to CNBC.

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.