Redwire ( (RDW) ) just unveiled an update.
On March 12, 2025, Redwire Corporation announced its transformative acquisition of Edge Autonomy, a major UAS systems developer, during the Cantor Global Technology Conference. This acquisition is expected to enhance Redwire’s capabilities in providing seamless communication systems for defense applications, particularly in Europe, and contribute to significant revenue growth. Redwire reported a 25% revenue growth in 2024 and anticipates further growth in 2025, with projected revenues between $535 million and $605 million. The acquisition is also expected to improve the company’s profitability and market positioning in the defense tech space.
More about Redwire
Redwire Corporation operates in the space and defense technology industry, focusing on satellite and drone manufacturing. The company is known for its involvement in National Security projects and aims to enhance communication and data management between satellites and unmanned aerial systems (UAS).
YTD Price Performance: -41.67%
Average Trading Volume: 2,025,220
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $690.9M
Learn more about RDW stock on TipRanks’ Stock Analysis page.