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

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

Firefly Aerospace received more than $176 million to deliver scientific equipment to the moon's south pole in 2029. The mission will study resources like water and hydrogen that could help future astronauts. The company will use its Blue Ghost lunar lander and orbital vehicles for the job.