Complex sentence: Firefly Aerospace is now working on Alpha 2.0 which has a significantly larger payload capability than the previous Alpha it aims to place a 1,000 kilogram payload into a 200 kilometer low earth orbit if launched from Cape Canaveral.
Split into simpler sentences: Firefly Aerospace is now working on Alpha 2.0 which has a significantly larger payload capability than the previous Alpha. It aims to place a 1,000 kilogram payload into a 200 kilometer low earth orbit if launched from Cape Canaveral.