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Redwire Corporation - $RDW STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Redwire Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Redwire Corporation (NYSE: RDW) expands its presence by opening a new office in Chantilly, Virginia, to support national security programs and customers. The office will house projects requiring deep expertise and infrastructure for classified programs, emphasizing the company's commitment to its partnership with national security customers.
Rhea-AI Impact
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End-of-Day
6.85%
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Rhea-AI Summary
Redwire Corporation (NYSE: RDW) has announced the opening of a new 26,000 square feet manufacturing facility in Longmont, Colorado, expanding its footprint by 70 percent. The facility will enable the company to manufacture more RF Systems, expand integration and testing capabilities, and triple hardware throughput in just a few years. Redwire's existing Longmont facility is home to several rapidly expanding programs, including production of Link 16 antennas for national security LEO satellites and large, deployable structures for NASA's Solar Cruiser program.
Rhea-AI Impact
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End-of-Day
-1.4%
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Rhea-AI Summary
Redwire Corporation (NYSE: RDW) announced the strategic expansion of its in-space manufacturing technology portfolio with the first pathfinder mission for its autonomous semiconductor manufacturing platform, MSTIC. The payload was developed in partnership with the ISS National Laboratory and NASA through its In Space Production Applications Flight Demonstrations program. The company plans to open a 30,000 square foot microgravity payload development facility and mission operations center in Floyd County, Indiana.
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Redwire Corporation (NYSE: RDW) has been awarded a contract to develop and deliver four Roll-Out Solar Array (ROSA) wings, along with multiple Argus cameras and Low Voltage Distribution Units (LVDUs) for Blue Origin’s multi-orbit space mobility platform, Blue Ring. The ROSA wings will power the platform for missions focused on in-space logistics and delivery in medium-Earth orbit and beyond. Redwire's technology has been successful on the International Space Station and powered NASA’s DART spacecraft to impact asteroid Dimorphos, altering its orbit. The Argus space camera system enabling Blue Ring is a modular imaging system that has previously flown on low-Earth orbit missions and will also be flown as part of NASA Commercial Lunar Payload Services lunar landers. Redwire's reconfigurable LVDU systems have been developed to modulate and distribute power to the Blue Ring mission’s various payloads and spacecraft.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.93%
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Rhea-AI Summary
Redwire Corporation (RDW) successfully deploys 5-kW Roll-Out Solar Arrays (ROSA) on Maxar Space Systems-built Ovzon 3 communications satellite, marking the first-ever integration of ROSA technology with a commercial satellite. The innovative ROSA technology provides reliable, compact, and scalable solar power generation for spacecraft, extending ROSA's successful heritage on the International Space Station (ISS) and NASA's Double Asteroid Redirection Test (DART) mission. Redwire has also secured a follow-on contract to build two additional ROSAs for the ISS and is powering the Maxar-built Power and Propulsion Element (PPE) for the NASA-led lunar Gateway with 37-kW ROSA wings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.32%
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Rhea-AI Summary
Redwire Corporation (NYSE: RDW) successfully demonstrated the transmission of a Link 16 signal from space using its L-Band Link 16 Helical Antenna technology. This milestone achievement will advance crucial capabilities for national defense, enabling rapid and secure communications directly to the battlefield, speeding decision-making cycles. Redwire's years of antenna and RF systems development for industry and military customers, along with the company's expanded manufacturing facility in Longmont, Colorado, position it for continued success in the space infrastructure market.
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Rhea-AI Sentiment
End-of-Day
-3.08%
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Redwire Corporation (RDW) has been selected by DARPA for the 10-Year Lunar Architecture (LunA-10) study to design services for a collaborative environment to support a growing commercial ecosystem on and around the Moon. Redwire's contribution will focus on providing critical services to lunar assets from cislunar space, including high-speed communications and Position, Navigation, and Timing (PNT). The company is leveraging its extensive experience in space mission design, RF systems, and space structures for this project. Redwire's recent awards from NASA and involvement in other lunar infrastructure projects demonstrate its leadership in space infrastructure for the next generation space economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
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Rhea-AI Summary
Redwire Corporation (NYSE: RDW) has been awarded the 2023 Popular Science Best of What’s New Award in the Health Category for its 3D BioFabrication Facility (BFF) onboard the International Space Station (ISS). The company successfully 3D bioprinted the first human knee meniscus on orbit using BFF, a milestone that opens the door to improved treatments for meniscal injuries. The print was conducted as part of the BFF-Meniscus-2 Investigation with the Uniformed Services University of the Health Sciences Center for Biotechnology (4D Bio3), showcasing Redwire's dedication to leveraging microgravity to benefit human health on Earth. The company also launched materials for an investigation to bioprint cardiac tissue on the ISS using the award-winning BFF, sponsored by the ISS National Laboratory.
Rhea-AI Impact
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-0.39%
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Rhea-AI Summary
Redwire Corporation (NYSE: RDW) reported strong financial results for the third quarter of 2023. Revenues increased by 68.1% to $62.6 million compared to the same period last year. Net Loss improved by 39.3% to $(6.3) million. Adjusted EBITDA increased by $6.4 million to $4.9 million. Contracted Backlog increased by 59.5% year-over-year to $253.4 million. Redwire expects revenues for the full year 2023 to be in the range of $220.0 million to $250.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.37%
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Rhea-AI Summary
Redwire Corporation (NYSE: RDW) will report financial results for the third quarter ended September 30, 2023, on November 6, 2023. The earnings conference call will take place on November 7, 2023, at 9 a.m. ET. Access to the conference call and live stream will be provided. A replay will be available for two weeks. More information can be found on redwirespace.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
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Redwire Corporation

NYSE:RDW

RDW Rankings

RDW Stock Data

319.37M
23.19M
57.9%
8.13%
4.15%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States of America
JACKSONVILLE

About RDW

redwire is a team of security professionals that have been in the business of providing electronic security for governmental, commercial and residential clients for over 30 years. the redwire name represents our promise to deliver services better than anyone else.