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Redwire Signs MOU with Boryung to Support its Trailblazing Humans In Space Program for Global Human Health

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Redwire (NYSE: RDW) has signed a memorandum of understanding (MOU) with Boryung to support Boryung's Humans In Space program, aiming to advance global human health through space research. Redwire will facilitate research experiments on-orbit, provide mission management services, and partner for the Humans In Space challenge. The partnership will leverage Redwire's expertise in microgravity research and on-orbit investigation management to support research proposals submitted through the program.
Redwire (NYSE: RDW) ha firmato un memorandum d'intesa (MOU) con Boryung per supportare il programma Humans In Space di Boryung, mirato a promuovere la salute umana globale attraverso la ricerca spaziale. Redwire faciliterà esperimenti di ricerca in orbita, fornirà servizi di gestione delle missioni e si unirà alla sfida Humans In Space. La partnership utilizzerà l'esperienza di Redwire nella ricerca in microgravità e nella gestione delle indagini in orbita per sostenere le proposte di ricerca presentate attraverso il programma.
Redwire (NYSE: RDW) ha firmado un memorando de entendimiento (MOU) con Boryung para apoyar el programa Humans In Space de Boryung, que busca avanzar en la salud humana global a través de la investigación espacial. Redwire facilitará experimentos de investigación en órbita, proporcionará servicios de gestión de misiones y se asociará en el desafío Humans In Space. La asociación aprovechará la experiencia de Redwire en investigación en microgravedad y gestión de investigaciones en órbita para apoyar las propuestas de investigación presentadas a través del programa.
Redwire (NYSE: RDW)는 Boryung의 우주 인간 프로그램을 지원하기 위해 Boryung와 이해관계 메모(MOU)를 체결했습니다. 이 프로그램은 우주 연구를 통해 전 세계적인 인간 건강을 증진하는 것을 목표로 합니다. Redwire는 궤도상 연구 실험을 촉진하고, 미션 관리 서비스를 제공하며, Humans In Space 챌린지에 파트너로 참여할 것입니다. 이 파트너십은 프로그램을 통해 제출된 연구 제안을 지원하기 위해 Redwire의 미세중력 연구 및 궤도상 조사 관리 전문 지식을 활용할 것입니다.
Redwire (NYSE: RDW) a signé un mémorandum d'entente (MOU) avec Boryung pour soutenir le programme Humans In Space de Boryung, visant à avancer la santé humaine mondiale par le biais de la recherche spatiale. Redwire facilitera les expériences de recherche en orbite, fournira des services de gestion de mission et s'associera au défi Humans In Space. Le partenariat tirera parti de l'expertise de Redwire en recherche en microgravité et en gestion des enquêtes en orbite pour soutenir les propositions de recherche soumises dans le cadre du programme.
Redwire (NYSE: RDW) hat ein Memorandum of Understanding (MOU) mit Boryung unterzeichnet, um das Humans In Space-Programm von Boryung zu unterstützen, das darauf abzielt, die globale menschliche Gesundheit durch Weltraumforschung zu fördern. Redwire wird Forschungsexperimente im Orbit erleichtern, Missionsmanagementdienste bereitstellen und sich an der Herausforderung Humans In Space beteiligen. Die Partnerschaft wird Redwires Expertise in Mikrogravitationsforschung und Orbitaluntersuchungsmanagement nutzen, um Forschungsvorschläge, die über das Programm eingereicht werden, zu unterstützen.
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The Korean pharmaceutical and healthcare investment company aims to make advancements for global human health through in-space research

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Redwire Corporation (NYSE: RDW), a global leader in microgravity research, development, and manufacturing announced that it has signed a memorandum of understanding (MOU) with Boryung Corporation, a pioneer in innovative solutions based in Korea. Through the agreement, Redwire will serve as an implementation partner in support of Boryung’s Humans In Space program, a global initiative committed to advancing knowledge and innovation that support the well-being of humanity through space experiments.

Boryung’s Humans In Space program represents a significant opportunity to advance space research and development to accelerate novel developments that can lead to improvements in human health and eventually enable the realization of an interplanetary civilization. Through the MOU, Redwire intends to facilitate research experiments on-orbit, funded through the Humans In Space program, and provide mission management services. Redwire will also serve as a partner for the third annual Humans In Space challenge, a global competition for researchers and innovators addressing the impact of space on human well-being. Challenge winners will be awarded investments and research awards alongside opportunities to participate in tailored mentorship programs led by space industry experts. Last year, 12 participants were awarded. This year’s challenge launches on April 26.

“Boryung’s Humans In Space program is a pivotal opportunity to transform the future of space research and drive critical insights to improve human health by engaging with a global community of researchers to leverage the benefits of microgravity,” said President of Redwire In-Space Industries John Vellinger. “Redwire is excited to see the increased demand from our international partners looking to develop game-changing research in space as we continue to lead the way in space commercialization.”

“We are excited to partner with Redwire and leverage their unparalleled expertise in developing and launching microgravity research to further the important mission of the Humans In Space program,” said Jack Lim, the head of Boryung’s New Portfolio Investment Group. “Humans In Space will pave the way for a collaborative ecosystem of interplanetary civilization enthusiasts and the discovery of novel technologies.”

Through this partnership, Boryung will leverage Redwire’s deep expertise in microgravity payload development and on-orbit investigation management. With a suite of 10 bioprinting, manufacturing, and research facilities currently on the International Space Station (ISS), Redwire will avail its entire suite of on-orbit capabilities to support research proposals submitted through the Humans In Space program. Redwire currently serves as an implementation partner for NASA and the ISS U.S. National Laboratory, helping to manage and develop investigations being conducted on the station. Redwire’s portfolio of space biotech and in-space manufacturing capabilities leverages decades of spaceflight heritage, with 20 facilities developed for NASA-crewed vehicles.

About Redwire

Redwire Corporation (NYSE:RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire’s proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire’s approximately 700 employees working from 14 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit redwirespace.com.

About Boryung

Boryung is a healthcare investment company founded in 1957 and headquartered in Seoul, South Korea. Following the company's mission to become an indispensable contributor to human health, it has expanded their business portfolio to the space healthcare industry. Recognizing space as a new realm for growth, Boryung acknowledges the increasing number of individuals anticipated to embark on prolonged space missions, highlighting the importance of ensuring human survival in the hostile space environment. Hence, the company believes there will be substantial opportunities to foster new technologies and meet emerging needs in this field.

Media Contact:

Emily Devine

Emily.Devine@redwirespace.com

305-632-9137

OR

Investors:

investorrelations@redwirespace.com

904-425-1431

Source: Redwire Corporation

FAQ

What is the significance of the MOU signed between Redwire and Boryung ?

The MOU aims to support Boryung's Humans In Space program, dedicated to advancing global human health through space research.

What role will Redwire play in the partnership with Boryung?

Redwire will serve as an implementation partner, facilitating research experiments on-orbit, providing mission management services, and partnering for the Humans In Space challenge.

What is the purpose of Boryung's Humans In Space program?

The program is committed to advancing knowledge and innovation that support the well-being of humanity through space experiments.

How will Redwire support research proposals submitted through the Humans In Space program?

Redwire will leverage its expertise in microgravity research and on-orbit investigation management to support research proposals submitted through the program.

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