Redwire Completes Acquisition of Hera Systems, Expanding Company’s National Security Spacecraft Portfolio
“The acquisition of Hera Systems is an exciting and important milestone in Redwire’s growth strategy as we move up the value chain within the national security space sector,” said Peter Cannito, Chairman and CEO of Redwire. “Our expanded spacecraft portfolio enables us to offer our customers mission-critical capabilities in GEO, an increasingly important domain within today’s national security space architectures. We look forward to bringing together our highly complementary solutions as we continue to deliver for our national security customers and advance our goal of becoming a leading provider for proliferated GEO constellations.”
As previously announced, Hera Systems has achieved profitable topline growth, recording
Advisors
GH Partners LLC served as financial advisor and Hogan Lovells served as legal advisor to Redwire.
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 16 facilities located throughout
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Source: Redwire Corporation