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Redwire Awarded Contract by European Space Agency to Develop Robotic Arm Prototype for Argonaut Lunar Lander to Support International Lunar Exploration

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Redwire (NYSE: RDW) has been awarded a contract by the European Space Agency (ESA) to develop a robotic arm prototype for the Argonaut Lunar Lander. This robotic arm, known as the MANUS system, will facilitate critical logistics operations on the lunar surface, including the offloading, positioning, and retrieval of objects, as well as the positioning of the lander. The development will take place at Redwire’s Luxembourg facility, and the project aims to meet high standards of performance, reliability, and safety. Redwire has a strong track record in space robotics, having previously developed the STAARK robotic arm and contributed to various ambitious space missions. This contract further strengthens Redwire’s portfolio in lunar infrastructure projects, which includes partnerships with NASA and DARPA for other lunar surface developments.

Positive
  • Redwire awarded contract by ESA to develop MANUS system for Argonaut Lunar Lander.
  • The MANUS system will enable important logistics operations on the lunar surface.
  • Development at Redwire’s Luxembourg facility, enhancing European space collaboration.
  • Redwire's strong track record in space robotics bolsters project reliability and safety.
  • ESA contract adds to Redwire’s growing portfolio of lunar infrastructure projects.
  • Recent DARPA and NASA contracts indicate strong future revenue potential.
Negative
  • The project involves challenging user requirements and reference scenarios.
  • The development timeline is tight, with an 18-month deadline to close out the activity.

Insights

The contract awarded to Redwire by the ESA for developing the MANUS system is a significant milestone in the field of space robotics. This project will enhance the capabilities of the Argonaut Lunar Lander by enabling it to manage logistics operations on the lunar surface, such as offloading and precise positioning of various payloads. Such advancements are important as they bring us closer to sustained human presence on the moon.

From an engineering perspective, the development and testing of MANUS will likely set new benchmarks in robotic technology for space applications. This system's success could influence future lunar missions by providing a reliable method for handling the logistics of moving cargo and scientific instruments on the lunar surface. The focus on reliability and safety standards mentioned aligns with the rigorous demands of space exploration missions, ensuring any technological developments are robust and capable of performing in extreme environments.

In the short term, this contract reinforces Redwire's position as a leader in space robotics and could lead to further projects, possibly increasing their market share in the space infrastructure sector. In the long term, the development of such advanced systems may pave the way for more sophisticated robotic solutions, critical for future deep space exploration.

Securing this contract from the ESA positions Redwire favorably in the growing space economy. The involvement in high-profile projects like the Argonaut Lunar Lander can boost investor confidence, as it demonstrates Redwire’s ongoing capability to secure and execute advanced space missions. This builds a strong pipeline for future revenue through potential follow-on contracts, as mentioned in the news piece.

Financially, the project may not have an immediate impact on the company's revenues but is more likely to bolster long-term growth prospects. The company's existing portfolio, including other noteworthy projects such as the DARPA study contract and the Tipping Point contract with NASA, showcases Redwire's diversified and robust project base. This diversified portfolio can be a key strength, mitigating the risks associated with dependency on a single revenue stream.

Retail investors should note that while the immediate financial gain from this contract may be limited, its significance lies in long-term growth and stability. Such projects enhance Redwire's credibility and standing within the industry, potentially leading to increased investor interest and higher stock valuation over time.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract by the European Space Agency (ESA) to develop a robotic arm prototype for the agency’s Argonaut Lunar Lander, which will establish the capability for Europe to land 1,500-1,800 kg of cargo, infrastructure, and scientific instruments on the lunar surface.

The Manipulator for Argonaut Payload Needs and Unloading Support (MANUS) system will be a crucial capability for Argonaut’s logistics operations on the lunar surface. The MANUS system will enable Argonaut’s surface logistics operations such as offloading, precise positioning and retrieval of objects, and positioning of the lander. Redwire will develop, breadboard, test and verify the functions of the MANUS with the opportunity to compete for a follow-on contract.

“Redwire is proud to be leveraging its significant heritage in space robotics technology for ESA’s Argonaut mission, ensuring that it meets the highest standards of performance, reliability, and safety,” said Jaroslaw Jaworski Managing Director of Redwire Space’s Luxembourg Facility. “As a leader in robotic arm development and with a proven track record of delivering innovative solutions for ambitious space exploration missions, Redwire’s robotic capabilities are poised to play a crucial role in future European space missions, contributing to lunar exploration and paving the way for advancements in space exploration technology.”

MANUS will be developed at Redwire’s Luxembourg facility, which currently develops Redwire’s STAARK robotic arm, a modular and easily customized robotic system designed for various on-orbit robotics applications.

“We are very excited to be working with Redwire’s Luxembourg team on the development of a first scaled breadboard for a robotic arm for the Argonaut lander -currently referred to as MANUS. With challenging reference scenarios for three potential Argonaut missions to address and challenging user requirements to meet, it will be an interesting 18 months until the close-out of this activity,” said Dr. Gunter Just, ESA Robotics Engineer.

“Technology developments are essential in building capacity to go further in the direction of a sustainable utilization of space resources. The lunar robotic arm project that Redwire will be working on, here in Luxembourg, for ESA’s moon lander is not only a testimony of Luxembourg’s successful strategy in developing a thriving space ecosystem, but will also contribute to further position the country as a European hub for commercial space and for space resources in particular. We are looking forward to it!” says Mathias Link, deputy CEO of the Luxembourg Space Agency.

Redwire has a growing portfolio of lunar infrastructure projects, which leverage Redwire’s extensive experience in mission design, RF systems, power systems, vision systems, space structures, and in-space servicing, assembly, and manufacturing. In December, Redwire was awarded a DARPA study contract to investigate future commercial lunar infrastructure. Redwire is also prototyping technology meant to build critical infrastructure such as roads and landing pads on the lunar surface through a $12.9 million Tipping Point contract with NASA. Earlier this year, Redwire announced that it is providing Roll-Out Solar Array (ROSA) technology for Astrobotic’s Lunar Vertical Solar Array Technology (LVSAT) program to deliver power on the lunar surface. LVSAT will provide power for missions on the Moon starting with NASA’s Artemis program and will provide power needed for habitats and other lunar infrastructure.

Disclaimer: The views expressed herein can in no way be taken to reflect the official opinion of the European Space Agency

About Redwire

Redwire Corporation (NYSE:RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire’s proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire’s approximately 700 employees working from 14 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit redwirespace.com.

Media Contact:

Emily Devine

Emily.Devine@redwirespace.com

305-632-9137

OR

Investors:

investorrelations@redwirespace.com

904-425-1431

Source: Redwire Corporation

FAQ

What is the significance of Redwire's contract with ESA for the Argonaut Lunar Lander?

The contract involves developing the MANUS system, a robotic arm important for logistics operations on the lunar surface, enhancing Redwire's role in space exploration.

How will the MANUS system benefit the Argonaut Lunar Lander?

The MANUS system will enable offloading, precise positioning, and retrieval of objects, as well as positioning of the lander, essential for efficient lunar surface operations.

Where will the MANUS system be developed?

The MANUS system will be developed at Redwire's Luxembourg facility, which specializes in advanced robotic systems.

What other lunar infrastructure projects is Redwire involved in?

Redwire is involved in various projects, including a DARPA study for future lunar infrastructure and a NASA contract for prototyping lunar surface technology.

What are the potential challenges for the MANUS system development?

The project faces challenging user requirements and scenarios, with an 18-month development timeline.

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