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 Corporation (NYSE: RDW) has been awarded a contract to develop and deliver four Roll-Out Solar Array (ROSA) wings, along with multiple Argus cameras and Low Voltage Distribution Units (LVDUs) for Blue Origin’s multi-orbit space mobility platform, Blue Ring. The ROSA wings will power the platform for missions focused on in-space logistics and delivery in medium-Earth orbit and beyond. Redwire's technology has been successful on the International Space Station and powered NASA’s DART spacecraft to impact asteroid Dimorphos, altering its orbit. The Argus space camera system enabling Blue Ring is a modular imaging system that has previously flown on low-Earth orbit missions and will also be flown as part of NASA Commercial Lunar Payload Services lunar landers. Redwire's reconfigurable LVDU systems have been developed to modulate and distribute power to the Blue Ring mission’s various payloads and spacecraft.
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Redwire Corporation (RDW) successfully deploys 5-kW Roll-Out Solar Arrays (ROSA) on Maxar Space Systems-built Ovzon 3 communications satellite, marking the first-ever integration of ROSA technology with a commercial satellite. The innovative ROSA technology provides reliable, compact, and scalable solar power generation for spacecraft, extending ROSA's successful heritage on the International Space Station (ISS) and NASA's Double Asteroid Redirection Test (DART) mission. Redwire has also secured a follow-on contract to build two additional ROSAs for the ISS and is powering the Maxar-built Power and Propulsion Element (PPE) for the NASA-led lunar Gateway with 37-kW ROSA wings.
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Redwire Corporation (NYSE: RDW) successfully demonstrated the transmission of a Link 16 signal from space using its L-Band Link 16 Helical Antenna technology. This milestone achievement will advance crucial capabilities for national defense, enabling rapid and secure communications directly to the battlefield, speeding decision-making cycles. Redwire's years of antenna and RF systems development for industry and military customers, along with the company's expanded manufacturing facility in Longmont, Colorado, position it for continued success in the space infrastructure market.
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Redwire Corporation (RDW) has been selected by DARPA for the 10-Year Lunar Architecture (LunA-10) study to design services for a collaborative environment to support a growing commercial ecosystem on and around the Moon. Redwire's contribution will focus on providing critical services to lunar assets from cislunar space, including high-speed communications and Position, Navigation, and Timing (PNT). The company is leveraging its extensive experience in space mission design, RF systems, and space structures for this project. Redwire's recent awards from NASA and involvement in other lunar infrastructure projects demonstrate its leadership in space infrastructure for the next generation space economy.
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Redwire Corporation (NYSE: RDW) has been awarded the 2023 Popular Science Best of What’s New Award in the Health Category for its 3D BioFabrication Facility (BFF) onboard the International Space Station (ISS). The company successfully 3D bioprinted the first human knee meniscus on orbit using BFF, a milestone that opens the door to improved treatments for meniscal injuries. The print was conducted as part of the BFF-Meniscus-2 Investigation with the Uniformed Services University of the Health Sciences Center for Biotechnology (4D Bio3), showcasing Redwire's dedication to leveraging microgravity to benefit human health on Earth. The company also launched materials for an investigation to bioprint cardiac tissue on the ISS using the award-winning BFF, sponsored by the ISS National Laboratory.
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Redwire Corporation (NYSE: RDW) reported strong financial results for the third quarter of 2023. Revenues increased by 68.1% to $62.6 million compared to the same period last year. Net Loss improved by 39.3% to $(6.3) million. Adjusted EBITDA increased by $6.4 million to $4.9 million. Contracted Backlog increased by 59.5% year-over-year to $253.4 million. Redwire expects revenues for the full year 2023 to be in the range of $220.0 million to $250.0 million.
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Redwire Corporation (NYSE: RDW) will report financial results for the third quarter ended September 30, 2023, on November 6, 2023. The earnings conference call will take place on November 7, 2023, at 9 a.m. ET. Access to the conference call and live stream will be provided. A replay will be available for two weeks. More information can be found on redwirespace.com.
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Redwire Corporation announced the first spaceflight mission for its pharmaceutical manufacturing platform, PIL-BOX. Eli Lilly and Company will partner with Redwire to conduct experiments on diabetes, cardiovascular disease, and pain treatments. The microgravity environment in space can improve crystal growth and design, leading to better drug development. Redwire is also launching materials for an investigation on bioprinting cardiac tissue using its BioFabrication Facility.
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Redwire Corporation awarded contract with OHB Italia to provide onboard computer for ESA's Comet Interceptor mission
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Redwire successfully 3D bioprints first human knee meniscus on the International Space Station
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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
United States of America
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