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 (NYSE: RDW) generates a steady flow of news across the space and defense technology landscape. As an integrated space and defense tech company, Redwire issues updates on spacecraft programs, uncrewed aerial systems, docking technologies, and advanced orbital platforms that support civil, national security, and commercial missions in the United States and Europe.
News about Redwire often highlights milestones in its two primary business segments. In the Space segment, the company reports on contracts and technical achievements for missions such as ESA’s Σyndeo-3 satellite, built on Redwire’s Hammerhead low-Earth orbit platform, and on its role supplying International Docking System Standard compliant docking systems through the International Berthing and Docking Mechanism for customers like The Exploration Company. Coverage also includes developments in very low Earth orbit, where Redwire’s SabreSat orbital drone supports DARPA’s Otter mission and related VLEO initiatives.
In the Defense Tech segment, Redwire news frequently centers on its wholly owned subsidiary Edge Autonomy and, more recently, the integration of that brand into Redwire. Announcements describe contracts to deliver Stalker and Penguin C VTOL uncrewed aerial systems and Octopus gimbal camera payloads to defense and border security customers, including U.S. Army programs, Ukrainian Armed Forces, and Croatian Border Patrol under Frontex funding. Additional releases cover partnerships with European firms such as UXV Technologies and Eurolink Systems to expand UAS capabilities and local support in European defense markets.
Investors, analysts, and industry observers can use this news feed to follow Redwire’s contract awards, mission milestones, facility expansions, partnerships, and financial results announcements, gaining context on how the company’s space and defense technologies are being deployed across multiple domains.
Phase Four, a leader in electric propulsion for satellites, has signed a strategic cooperation agreement with Redwire Space to develop and deliver Hall Effect Thrusters (HETs) for government and commercial markets. Utilizing the NASA-designed H71M Hall Effect Thruster, the collaboration aims to produce a line of propulsion systems called the Valkyrie System. These systems will offer features like post-launch reprogramming, multiple set-points for optimization, and extensive telemetry for fuel management and extended satellite life.
This partnership represents a significant step in Phase Four's expansion of its product offerings, which already include the Maxwell product line and other innovative propulsion technologies. The agreement is expected to address supply chain challenges and support national security programs, promising a robust market for these advanced thrusters.
Redwire (NYSE: RDW) has signed a strategic cooperation agreement (SCA) with Phase Four to develop advanced thruster technology for high-volume production, addressing the increased demand in national security space programs. The collaboration will focus on creating the Valkyrie Thruster, a reliable and scalable Hall Effect Thruster (HET). Redwire and Phase Four will leverage their expertise to produce and integrate the thruster, power processing unit hardware, and related software. The Valkyrie thrusters are expected to enter full-rate production by 2025, supporting both civilian and military space operators.
Redwire (NYSE: RDW), a prominent player in space infrastructure, is set to participate in the Jefferies Virtual Space Summit. The event, scheduled for June 25, 2024, will feature a presentation by Redwire's Chairman and CEO, Peter Cannito. His presentation will commence at 11:40 a.m. EDT and will be available for live streaming through the provided web link: https://wsw.com/webcast/jeff310/redw/1847054.
This announcement underscores Redwire's significant role in the next-generation space economy, highlighting their leadership and strategic initiatives in the industry.
Redwire (NYSE: RDW) has been awarded a DARPA prime contract to develop an air-breathing satellite leveraging its SabreSat VLEO platform. The satellite will demonstrate novel electric propulsion systems in very low-Earth orbit (VLEO) under DARPA's Otter program. VLEO spacecraft benefit national security missions by operating in relatively clear orbits and deorbiting debris quickly. Redwire will build the SabreSat bus and utilize its digital engineering tools, including the DEMSI platform. Additionally, Redwire's European office is working on the Phantom platform for the European Space Agency’s Skimsat program. Redwire aims to enhance VLEO technology for various applications like ISR, resilient communications, and Earth science payloads.
Redwire (NYSE: RDW) has appointed Aaron Futch, a seasoned aerospace executive and corporate attorney, as its new Executive Vice President, General Counsel, and Secretary. With over 20 years in the space industry, Futch will lead Redwire’s legal department and advise on legal, regulatory, and compliance matters. His previous roles include Associate General Counsel at Virgin Galactic and Assistant General Counsel at Intelsat General Futch's expertise is expected to benefit Redwire as it continues its growth strategy.
Redwire (NYSE: RDW) announced that it will develop Roll-Out Solar Array (ROSA) wings for Thales Alenia Space’s new Space Inspire telecommunications satellites. Thales Alenia Space is a joint venture between Thales and Leonardo, specializing in space solutions. The collaboration began last year and aims to leverage Redwire's ROSA technology, known for its 100% on-orbit success rate. The ROSA wings will be approximately 80 feet long and provide over 25 kW of power per spacecraft, making them some of the most robust solar arrays for geostationary satellites. This development is backed by the French space agency CNES.
Redwire (NYSE: RDW) has initiated the development of a 30,000 square foot microgravity payload and space operations facility in Floyd County, Indiana. This new state-of-the-art center, located at the Novaparke Innovation & Technology Campus, was inaugurated on May 31 with participation from prominent figures, including Representative Erin Houchin and leaders from Indiana University Southeast.
Redwire’s President of In-Space Industries, John Vellinger, emphasized that the facility will cater to the growing demand for space-based research and manufacturing. The company’s recent advancements, such as successful bioprinting of human heart tissue and formation of pharmaceutical crystals in space, underscore the importance of this facility. The new laboratories will enhance throughput for their cutting-edge space biotech programs, supporting biopharma industries in achieving innovative outcomes not feasible on Earth.
Redwire (NYSE: RDW) announced an expanded investment in its AI strategy to enhance space domain awareness capabilities. The company is funding research through a newly formed coalition called The Center for AEroSpace Autonomy Research (CAESAR) at Stanford University. CAESAR aims to advance autonomous reasoning in space vehicles using AI and machine learning. Redwire plans to utilize these investments to develop technologies for detecting and navigating around objects in space, which will support in-space servicing, guidance, navigation, and control (GNC), and various mission requirements. The AI applications will span across Redwire's technology portfolio, including modeling, simulation, robotics, satellite servicing, and intelligent vision systems.
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.
Redwire (NYSE: RDW) has been awarded a NASA/JPL contract to study a commercial Mars spacecraft that will use Redwire's heritage technology to provide surface imagery. This project aims to support future Mars missions, offering high-resolution imagery for scientific investigations, hazard assessments, landing site selection, and asset monitoring. Redwire will leverage its proven spacecraft systems and the Blue Ring platform from its partner, Blue Origin, for this mission. This effort highlights Redwire’s capabilities in space infrastructure, important for various missions in low Earth orbit, cislunar space, and beyond. The spacecraft bus design is based on Redwire's satellite bus, which has operated successfully for over 40 years.
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