STOCK TITAN

Redwire Opens New Commercial Market for In Space Production with First Sale of Space-Manufactured Optical Crystal

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Redwire Corporation (NYSE: RDW) announced the first sale of its space-manufactured optical crystal to researchers at The Ohio State University's CEMAS. The sale involved two grams of crystal valued at about $2 million per kilogram. This marks a significant milestone for space commercialization, as it showcases the potential of in-space manufacturing. The optical crystals could enhance high-power laser systems on Earth due to fewer defects compared to Earth-manufactured crystals. This achievement highlights Redwire's commitment to expanding production capabilities in low-Earth orbit.

Positive
  • First sale of space-manufactured optical crystal, enhancing market credibility.
  • Potential for high-value products with estimated value of $2 million per kilogram.
  • Improvements in optical crystals could enhance performance of high-power laser systems.
Negative
  • None.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced the first sale of its space-manufactured optical crystal to researchers at the Center for Electron Microscopy and Analysis (CEMAS), a leading electron microscopy facility, at The Ohio State University. The transaction recorded two grams of space-manufactured crystal were sold to Ohio State. Based on the sample size sold, the space-manufactured crystals have an approximate value of $2 million per kilogram.

The space-enabled optical crystal was manufactured in Redwire’s Industrial Crystallization Facility (ICF) onboard the International Space Station (ISS). This transaction marks the first time that a space-enabled materials product has been sold on Earth—a significant milestone for space commercialization and a demand signal for Redwire’s space-based manufacturing.

Space-manufactured optical crystals could provide significant improvements to high-power, large laser systems used on Earth. The high-energy laser market is seeing strong growth with an increasing number of terrestrial applications from advanced manufacturing and machining to weapons systems. These laser systems are enabled by high efficiency laser lenses that are produced using optical crystals.

Currently, optical crystals manufactured on Earth have lower damage thresholds due to gravity-induced inclusions and defects which limits the output of high-power laser systems since the lenses are subjected to laser-induced damage. Space-manufactured optical crystals could improve system performance because they have a higher laser damage threshold due to fewer inclusions and defects because of the space manufacturing process.

“This is an exciting milestone that validates our commercialization plan for manufacturing space-enabled products in low-Earth orbit and further stimulates demand for in-space production,” said Andrew Rush, Redwire’s President and COO. “This is a watershed moment for space commercialization. While we are continuing to refine production techniques for a variety of products, we are now expanding our focus beyond pathfinder demonstrations to increasing production of space-enabled products sustainably, profitably, and at scale. Redwire’s orbital factory is open for business, and we are expanding our on-orbit capabilities to serve new markets.”

“The ability for Ohio State to work with space-grown crystals improves our ability to grow CEMAS as a signature materials characterization and research facility unlike any other, for space-based and terrestrial materials, addressing complex challenges in domains ranging from cancer to planetary science,” said Dr. John Horack, Professor and Neil Armstrong Chair in Aerospace at Ohio State.

CEMAS researchers will study the space-grown crystal and compare it to Earth-grown potassium dihydrogen phosphate (KDP) crystals using aberration-corrected electron microscopy to observe atomic-scale differences in impurities and defects between the two materials, something that has not yet been achieved. The space-manufactured crystal presents an opportunity for CEMAS to build the group's capabilities for analyzing materials manufactured in space and those that could be returned from asteroids, the Moon and Mars in the future. The insights from this research could also inform the development process of space-manufactured optical crystals to optimize future products.

Launched in early 2021, ICF is a commercial in-space manufacturing facility designed to demonstrate microgravity-enhanced techniques for growing inorganic KDP crystals that are commonly used in high-energy laser systems on Earth. The facility is just one of several Redwire ISS payloads developed with the purpose of catalyzing and scaling demand for commercial capabilities in LEO by producing high-value products for terrestrial use.

To learn more about Redwire’s in-space manufacturing capabilities, visit www.redwirespace.com

About Redwire

Redwire Corporation (NYSE: RDW) is a leader in space infrastructure for the next generation space economy, with valuable IP for solar power generation and in-space 3D printing and manufacturing. With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to assist its customers in solving the complex challenges of future space missions. For more information, please visit www.redwirespace.com.

Media Contact:

Tere Riley

Tere.Riley@redwirespace.com

321-831-0134

OR

Investors:

investorrelations@redwirespace.com

904-425-1431

Source: Redwire Corporation

FAQ

What is the significance of Redwire's sale of optical crystal to Ohio State University?

Redwire's sale of optical crystal represents the first commercial transaction of space-manufactured materials, indicating a breakthrough in space commercialization.

What is the estimated value of the optical crystal sold by Redwire?

The optical crystal sold to Ohio State University has an approximate value of $2 million per kilogram.

How could space-manufactured optical crystals impact laser technology?

Space-manufactured optical crystals may improve the performance of high-power laser systems by offering a higher damage threshold and fewer defects than Earth-manufactured crystals.

Which facility manufactured the optical crystals sold by Redwire?

The optical crystals were manufactured in Redwire’s Industrial Crystallization Facility onboard the International Space Station.

What are the potential applications of the optical crystals sold by Redwire?

The optical crystals could significantly enhance high-power laser systems used in advanced manufacturing, machining, and weapons systems.

Redwire Corporation

NYSE:RDW

RDW Rankings

RDW Latest News

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
JACKSONVILLE