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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 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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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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FAQ

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

The current stock price of Redwire Corporation (RDW) is $22.33 as of January 21, 2025.

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

The market cap of Redwire Corporation (RDW) is approximately 1.3B.

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

1.29B
24.09M
57.18%
21.42%
6.63%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
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United States of America
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