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.
Redwire (NYSE: RDW) has appointed Mike Gold as President of Civil and International Space business to spearhead the company's global expansion initiatives. The appointment aligns with Redwire's recent European expansion, including a new office in Warsaw, Poland.
The strategic move comes as institutional space budgets worldwide reach record highs and the European Space Agency (ESA) focuses on sustainable growth in the European space sector. Redwire's established international presence, demonstrated through successful Proba satellites and European programs, positions the company favorably for global market expansion under Gold's leadership.
Redwire (NYSE: RDW) has completed the redemption of its outstanding public warrants. The company announced that warrants remaining unexercised by March 24, 2025, would be redeemed at $0.01 per warrant.
Prior to the redemption date, 7,205,399 warrants were exercised at $11.50 each, generating approximately $82.9 million for Redwire's balance sheet. The remaining 1,450,586 unexercised warrants were redeemed for approximately $14.5 thousand.
Following the redemption, Redwire has no warrants outstanding and 77,082,332 shares of common stock outstanding. The warrants have ceased trading and were delisted from the NYSE, while the common stock continues trading under the symbol 'RDW'.
Redwire (NYSE: RDW) has secured a NASA contract to conduct four additional pharmaceutical drug investigations on the International Space Station using their Pharmaceutical In-space Laboratory (PIL-BOX). The NASA-funded research aims to manufacture high-value seed crystals that could enhance pharmaceutical manufacturing in space stations.
The company's PIL-BOX platform has already processed 28 units, offering pharmaceutical researchers unique opportunities to grow small-batch crystals of protein-based pharmaceuticals in microgravity. Previous research suggests that space-grown crystals may be more uniform with fewer imperfections, potentially improving drug discovery and development processes. Past investigations have focused on advancing treatments for cardiovascular disease, obesity, and diabetes.
Redwire (NYSE: RDW) has announced receiving all necessary regulatory approvals for its planned acquisition of Edge Autonomy. The approvals include completion of antitrust review under the Hart-Scott-Rodino Act in the United States, along with foreign investment reviews in Latvia, Canada, and the United Kingdom.
The transaction is expected to close in the second quarter of 2025, pending final closing conditions and Redwire stockholder approval. The company will file a proxy statement with the SEC regarding a special meeting of stockholders to vote on the acquisition.
The merger represents a strategic move in the space infrastructure sector, though it faces various risk factors including integration challenges, market uncertainties, and potential dilution for existing stockholders due to additional share issuance for the acquisition.
Redwire (NYSE: RDW), a leader in space infrastructure for the next generation space economy, has announced its participation in the upcoming 37th Annual Roth Conference. Chief Financial Officer Jonathan Baliff will deliver a presentation on March 18, 2025, scheduled from 10:30-10:55 a.m. PT.
The presentation will be accessible to viewers through a dedicated web platform at https://event.summitcast.com/view/YsA9Ty4sRyad4m3F6KNZ7x/guest_book?session_id=EPYpaTTdvqMXn2D7k3q5hc
Redwire (NYSE: RDW), a leader in space infrastructure for the next generation space economy, has announced its participation in the upcoming Cantor Global Technology Conference. Chief Financial Officer Jonathan Baliff will deliver a presentation on March 12, 2025, scheduled from 1:40-2:15 p.m. ET. The presentation will be accessible via a live webcast through a dedicated streaming platform.
Redwire (NYSE: RDW) reported its Q4 and full year 2024 financial results, showing a 24.7% year-over-year revenue increase to $304.1 million. However, the company faced challenges with a net loss of $(114.3) million for 2024, including a $52.0 million non-cash loss from warrant liability and a $7.0 million loss contingency.
Key highlights include positive Q4 operational cash flow of $7.1 million and Free Cash Flow of $3.0 million. The company's Book-to-Bill ratio was 0.76 for 2024, down from 1.23 in 2023. Notable achievements included securing Roll-Out Solar Arrays orders from Thales Alenia Space, receiving a DARPA prime contract, and launching 27 PIL-BOXes.
Looking ahead, Redwire announced plans to acquire Edge Autonomy and forecasts 2025 revenues between $535-605 million with Adjusted EBITDA of $70-105 million, assuming the Edge Autonomy transaction closes as planned.
Redwire (NYSE:RDW) has secured a study contract from the European Space Agency (ESA) to design a spacecraft platform concept for Mars missions. The contract, awarded to Redwire Space NV, is one of four parallel industry studies for ESA's LightShip initiative.
The project aims to develop smallsat platform solutions that can be transported to Mars via LightShip, an electric propulsive tug offering navigation and communications services. Redwire's proposal centers on an adapted version of their Hammerhead small satellite platform and proven avionics capabilities.
Redwire's European facility in Belgium brings over 40 years of spaceflight experience, having successfully led ESA's PROBA-1, PROBA-2, and PROBA-V missions with a combined 50-year flight time without failure. The company currently supports various ESA programs including Skimsat, lunar Gateway's docking mechanism, Hera mission, and Proba-3.
Redwire (NYSE: RDW) has scheduled its fourth quarter and full year 2024 financial results announcement for March 10, 2025, after market close. The company will host a conference call on March 11, 2025, at 9 a.m. EDT to discuss the results.
Investors can access the earnings call via phone at 877-485-3108 (toll-free) or 201-689-8264 (toll) using conference ID 13751503. A live webcast with presentation slides will be available through the company's investor relations website. For those unable to attend live, a replay will be accessible for two weeks following the event.
Redwire (NYSE: RDW) announced that its Sentinel camera technology (SentinelCam) will be deployed on Intuitive Machines' second lunar mission (IM-2) aboard the Nova-C lunar lander, Athena. The company has delivered Terrain Relative Navigation and Hazard Detection and Avoidance cameras to support the lander's navigation and landing systems.
During IM-1, Redwire's cameras successfully identified nine safe landing sites in the lunar south pole region. For IM-2, SentinelCam will provide high-resolution imaging capabilities with enhanced dynamic range for bright and high-contrast lunar surface environments. The technology will enable flight controllers to analyze images, assist in landing operations, and monitor Athena's movements.
The SentinelCam technology builds upon Redwire's SpectraCam and Argus camera systems, with proven flight heritage in NASA missions, including Artemis I and other Commercial Lunar Payload Services (CLPS) missions.
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