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Redwire Corporation - RDW STOCK NEWS

Welcome to our dedicated page for Redwire Corporation news (Ticker: RDW), a resource for investors and traders seeking the latest updates and insights on Redwire Corporation stock.

Redwire Corporation (symbol: RDW) is a leading provider of mission-critical space solutions and advanced components for the next-generation space economy. With over 30 years of experience in the electronic security industry, Redwire has transitioned seamlessly into the space domain, offering a wide range of products and services tailored to meet the complex needs of future space missions and industries.

Redwire's core business revolves around its space infrastructure offerings, which include state-of-the-art products and services that have been instrumental in enabling various space missions. The company employs a unique Heritage plus Innovation strategy, which combines decades of flight experience with a culture of innovation to develop new technologies. These technologies serve as the foundational building blocks of space infrastructure for both governmental and commercial customers.

Recent achievements highlight Redwire's commitment to excellence and innovation. The company has partnered with key players in the space sector to deliver reliable and effective solutions. Financially, Redwire continues to show robust performance, marked by a steady growth trajectory and strategic investments in cutting-edge technologies.

Redwire’s diverse portfolio includes modern space components, secure communication systems, and advanced engineering services. These offerings not only ensure the success of current space missions but also pave the way for future advancements in space exploration and commercialization.

With a dedicated team of security professionals, Redwire also extends its expertise to governmental, commercial, and residential clients, providing top-tier electronic security solutions.

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Redwire (NYSE: RDW) has been selected by Rocket Lab to provide antennas and RF hardware for the Space Development Agency's Transport Layer Tranche 2 Satellite Constellation. This partnership will support the development of the Proliferated Warfighter Space Architecture (PWSA) to enhance secure communication for warfighters on land, in the air, and at sea. Redwire's significant investments in manufacturing capacity and assembly, integration, and test capacity highlight their commitment to the program. The company will produce 18 ship sets of antennas and RF front ends for Tranche 2 at its newly expanded Colorado facility, ensuring the success of the project.

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Redwire (NYSE: RDW) will report financial results for the first quarter ended March 31, 2024, on May 8, 2024. A conference call will be held on May 9, 2024, to review the results. The earnings call can be accessed via phone or webcast. Replay options will be available for those unable to attend live. Details are provided on the company's investor relations website.

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Redwire (NYSE: RDW) has signed a memorandum of understanding (MOU) with Boryung to support Boryung's Humans In Space program, aiming to advance global human health through space research. Redwire will facilitate research experiments on-orbit, provide mission management services, and partner for the Humans In Space challenge. The partnership will leverage Redwire's expertise in microgravity research and on-orbit investigation management to support research proposals submitted through the program.
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Redwire (NYSE: RDW) reports a strong financial performance in 2023 with significant revenue growth, improved net loss, and positive Adjusted EBITDA. The company achieved four consecutive quarters of revenue growth and positive Adjusted EBITDA, with a Contracted Backlog of $372.8 million at the start of 2024. Redwire forecasts revenues of $300 million for the full year ending December 31, 2024.
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Redwire Corporation partners with Eli Lilly and Company for a second spaceflight mission using the PIL-BOX pharmaceutical manufacturing platform. The mission aims to accelerate drug discovery for chronic diseases by studying crystal formulations in microgravity.
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Redwire Corporation (RDW) CFO to Present at 36th Annual ROTH Conference
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Redwire Corporation (NYSE: RDW) will report Q4 and full year 2023 financial results on March 14, 2024, followed by a conference call on March 15, 2024. Investors can access the call via phone or webcast.
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Redwire Corporation (NYSE: RDW) expands its presence by opening a new office in Chantilly, Virginia, to support national security programs and customers. The office will house projects requiring deep expertise and infrastructure for classified programs, emphasizing the company's commitment to its partnership with national security customers.
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Redwire Corporation (NYSE: RDW) has announced the opening of a new 26,000 square feet manufacturing facility in Longmont, Colorado, expanding its footprint by 70 percent. The facility will enable the company to manufacture more RF Systems, expand integration and testing capabilities, and triple hardware throughput in just a few years. Redwire's existing Longmont facility is home to several rapidly expanding programs, including production of Link 16 antennas for national security LEO satellites and large, deployable structures for NASA's Solar Cruiser program.
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Redwire Corporation (NYSE: RDW) announced the strategic expansion of its in-space manufacturing technology portfolio with the first pathfinder mission for its autonomous semiconductor manufacturing platform, MSTIC. The payload was developed in partnership with the ISS National Laboratory and NASA through its In Space Production Applications Flight Demonstrations program. The company plans to open a 30,000 square foot microgravity payload development facility and mission operations center in Floyd County, Indiana.
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FAQ

What is the current stock price of Redwire Corporation (RDW)?

The current stock price of Redwire Corporation (RDW) is $13.17 as of November 22, 2024.

What is the market cap of Redwire Corporation (RDW)?

The market cap of Redwire Corporation (RDW) is approximately 853.1M.

What does Redwire Corporation specialize in?

Redwire Corporation specializes in mission-critical space solutions and advanced components for the next-generation space economy.

What is Redwire's Heritage plus Innovation strategy?

The Heritage plus Innovation strategy combines decades of flight experience with a culture of innovation to create new technologies for space infrastructure.

Who are Redwire's main customers?

Redwire's main customers include governmental and commercial entities involved in space missions and industries.

What recent achievements has Redwire Corporation accomplished?

Redwire has achieved significant milestones in space mission support and has formed strategic partnerships within the space sector.

How does Redwire contribute to the space economy?

Redwire contributes by providing essential products and services that support current space missions and foster future advancements.

What kind of products and services does Redwire offer?

Redwire offers modern space components, secure communication systems, and advanced engineering services.

How long has Redwire been in the electronic security industry?

Redwire has over 30 years of experience in the electronic security industry.

What sectors does Redwire provide electronic security solutions for?

Redwire provides electronic security solutions for governmental, commercial, and residential clients.

Is Redwire financially stable?

Yes, Redwire is financially stable, showing a steady growth trajectory and making strategic investments in new technologies.

Where can I get the latest news and updates about Redwire Corporation?

You can stay updated with the latest news and developments about Redwire Corporation on StockTitan and other financial news platforms.

Redwire Corporation

NYSE:RDW

RDW Rankings

RDW Stock Data

853.05M
23.69M
57.18%
21.57%
4.54%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States of America
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