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Redwire Corporation (RDW) delivers mission-critical space infrastructure solutions through its unique blend of aerospace heritage and technological innovation. This dedicated news hub provides investors and industry professionals with essential updates on the company's strategic developments in the evolving space economy.
Access authoritative reporting on Redwire's operational milestones including contract awards, R&D breakthroughs, and partnership announcements. Our curated collection features official press releases and verified news covering satellite component innovations, in-space propulsion advancements, and government contract updates.
Key focus areas include systems integration achievements, space manufacturing developments, and leadership in sustainable orbital infrastructure. Stay informed about RDW's position in critical markets through comprehensive coverage of earnings announcements, strategic collaborations, and technology transfer initiatives.
Bookmark this page for streamlined access to Redwire's latest business developments. Regularly updated content ensures you maintain current awareness of this aerospace innovator's progress in advancing space exploration capabilities.
Redwire Corporation (NYSE: RDW) has delivered the first set of wired cameras for NASA's Artemis III mission as part of its contract with Lockheed Martin. The cameras are crucial for the Orion spacecraft, designed for deep space missions. This follows a contract awarded in March 2021, extending the partnership to include Artemis missions III through V, with options for further missions. Redwire's advanced camera system is engineered for high performance in space, providing critical imaging capabilities for NASA's exploration goals and supporting the return of humans to the Moon.
Redwire Corporation (NYSE: RDW) announced preliminary financial results for the year ended December 31, 2021, projecting total GAAP revenue between $135 million and $140 million, reflecting strong growth amid operating challenges from the Delta and Omicron variants. The company reported approximately 160% GAAP revenue growth and $269 million to $276 million in total backlog. Additionally, Redwire is addressing potential accounting issues, with no material misstatements found to date.
Redwire Corporation (NYSE: RDW) has successfully delivered its L-Band Link-16 Helical Antenna system for the Space Development Agency's Transport Layer Tranche 0, shipping ahead of schedule. The system is part of a contract awarded in August 2020 to build 10 satellites for communication with ground-mobile users and other space vehicles. The lightweight, ultra-wideband antenna enables beyond line-of-sight communications and is integrated with Redwire’s advanced technologies proven in previous military missions.
Redwire Corporation (NYSE: RDW) is launching four payloads on SpaceX’s CRS-24 mission for NASA to the ISS, focused on advanced materials manufacturing and plant science experiments. Scheduled for December 21 at 5:06 a.m. EST, the mission features innovations in space manufacturing and R&D. Redwire's technologies include the Turbine Superalloy Casting Module, MVP-PLANT-01, Veggie PONDS-03R, and a project on cotton genomics in collaboration with Clemson University. These initiatives aim to enhance scientific discovery and develop technologies beneficial for life on Earth.
Redwire Corporation (NYSE: RDW) announced a three-year supplier agreement with Terran Orbital, focusing on advanced satellite components. This partnership aims to enhance Terran Orbital's satellite manufacturing and service capabilities while maintaining supply chain agility. Redwire will supply key technologies, including solar arrays and avionics systems, developed at its various facilities. The collaboration is set against the backdrop of Terran Orbital's planned merger with a SPAC, indicating potential growth and increased market presence for both companies.
Redwire Corporation (NYSE: RDW) is providing critical navigation and power components for NASA's Imaging X-Ray Polarimetry Explorer (IXPE) mission, set to launch on December 9, 2021. The company delivered a solar panel array and twelve Coarse Sun Sensor detectors, vital for the spacecraft's operation. Redwire's technology underpins essential space applications, leveraging rich experience in solar power solutions. This partnership underscores Redwire's commitment to advancing space exploration through innovative technology.
Redwire Corporation (NYSE: RDW) received a notice from the New York Stock Exchange regarding non-compliance with filing its Quarterly Report on Form 10-Q for Q3 2021. The notice does not affect the listing or trading of RDW securities. Ongoing investigations by the Audit Committee into potential accounting issues have yet to reveal any material misstatements. The company assures stakeholders that the investigation does not impact product performance or revenue generation, and it aims to file the Form 10-Q promptly.
Redwire Corporation (NYSE: RDW) is supplying key navigation components and Roll-Out Solar Array (ROSA) technology for NASA's Double Asteroid Redirection Test (DART) mission, launching on November 23. Redwire has delivered two ROSA arrays, each unfurling to 28 feet, and a Digital Sun Sensor system for mission support. DART aims to demonstrate asteroid deflection techniques, marking a significant milestone in planetary defense. Redwire's ROSA technology has prior success on the ISS and is set for use in various upcoming missions, highlighting Redwire's role in advancing space exploration.
Redwire Corporation (NYSE: RDW) announced a rescheduling of its third-quarter earnings report for the period ending September 30, 2021, originally set for November 10, 2021. This change follows notification of potential accounting issues within a business subunit on November 5, prompting an independent investigation by the Audit Committee. Although the company has yet to finalize its financial statements and intends to file an NT-10Q, it has not identified any significant misstatements in prior reports. Redwire remains confident in its future business prospects.
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