• Starfighters Space posted a net loss of USD 4.27 million for the quarter ended March 31, 2026, widening from a loss of USD 2.65 million a year earlier.
• Total operating expenses climbed to USD 4.05 million from USD 1.88 million, led by higher professional fees of USD 1.33 million and consulting fees of USD 1.12 million.
• Cash and restricted cash fell to USD 2.14 million at quarter-end from USD 4.63 million at Dec. 31, 2025; net cash used in operating activities increased to USD 3.96 million from USD 1.67 million.
• The quarter included a USD 395,033 loss from misappropriation of assets tied to unauthorized withdrawals and transfers totaling USD 1.92 million, while USD 1.19 million of cash and short-term investments were restricted at Flagship Bank.
• Operationally, the company reported successful wind tunnel testing for its STARLAUNCH 1 air-launched rocket concept at Mach 0.85 and Mach 1.3, then moved to procure instrumented drop test articles for flight-condition separation testing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Starfighters Space Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-002803), on May 20, 2026, and is solely responsible for the information contained therein.