Redwire Space is a space infrastructure company that provides critical technologies and solutions for space missions. It specializes in areas like power generation, deployable structures, microgravity research, and in-space manufacturing, including 3D printing. Redwire partners with organizations like Sierra Space, NASA, ESA, and the ISS National Lab, providing hardware, payload development, and engineering services to enable space exploration and commercial activities in low Earth orbit and beyond.
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Redwire reported a net loss of $7,300,000 in the first quarter, an improvement of $10,000,000 from the first quarter of 2022.
The midpoint of Redwire’s 2023 revenue guidance represents a 46% increase over 2022.
Redwire's adjusted EBITDA for the first quarter represented a $9,000,000 improvement from the first quarter of 2022.
Redwire affirmed full-year 2023 revenue guidance of between $220,000,000 and $250,000,000.
Redwire’s work referenced development of new solar panels for the International Space Station and delivery of sun sensors built by Redwire on a GPS satellite launched in January.
Roccor, LLC (Redwire) in Erie, Colorado received a 2022 ACO selection to characterize high aspect ratio booms for large apertures with NASA Langley.
Pete Cannito is CEO of Redwire, whose shares are trading around $3 after the company went public via a SPAC merger in 2021 at $10 per share.
Redwire will install ExoAnalytic Solutions’ space-tracking software on a navigation camera aboard a satellite in orbit in a planned demonstration later 2023.
The vision camera technology was developed by Deep Space Systems, which became part of Redwire in 2020.
A version of Redwire’s navigation camera developed under contract to Lockheed Martin flew around the moon on NASA’s Orion spacecraft during the Artemis 1 mission.
Redwire partnered with Starfish Space to provide Redwire’s ARGUS space domain awareness camera for Starfish Space’s Otter Pup satellite docking mission.
Redwire manages the PFMI facility used for the PFMI-ASCENT investigation on the International Space Station.
Redwire and NASA astronauts completed a 20-day on-orbit experiment campaign using the Pore Formation and Mobility Investigation (PFMI) facility on the International Space Station.
Redwire Corporation partnered with Starfish Space to provide Redwire’s ARGUS space domain awareness camera for Starfish Space’s Otter Pup satellite docking mission.
Space firms that went public through SPAC deals include Astra, Virgin Orbit, Rocket Lab, BlackSky, Spire, AST SpaceMobile, Satellogic, Planet, Terran Orbital, Virgin Galactic, Redwire, and Momentus.
Arqit’s decision to stop building a space-based quantum encryption network does not affect the construction of the satellite Qinetiq/Redwire is building under the ESA-funded contract.
Qinetiq, now owned by Redwire, is building a satellite under a contract that is partly funded by the European Space Agency.
ThinkOrbital partnered with Redwire, KMI, and Arizona State University to win two research contracts worth $260,000 under the U.S. Space Force Orbital Prime program for in-space servicing, assembly, and manufacturing.
Redwire developed the iROSA arrays and delivered them to NASA under contract with Boeing, NASA’s prime contractor for space station operations.
Mynaric will use Redwire and BigBear.ai’s Space Cyber Resiliency through Evaluation and Security Testing (SpaceCREST) platform to support the cybersecurity evaluation of its optical communications terminal.