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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The merger will provide Redwire with $170,000,000 in capital.
Redwire reported adjusted EBITDA of $13,000,000 in 2020.
AE Industrial Partners created Redwire in June 2020 by combining Adcole Space and Deep Space Systems.
Redwire has won more than $70,000,000 in new business in recent months, including a solar sail for a NASA heliophysics mission.
Redwire was formed in 2020 by private equity firm AE Industrial Partners to create a space infrastructure company.
Redwire’s subsidiary Roccor delivered two sets of solar arrays to PlanetiQ dating back to 2018.
Redwire has been selected by PlanetiQ to supply solar arrays for PlanetiQ’s HD GPS-RO weather satellites.
AE Industrial Partners formed Redwire in June 2020 after acquiring Deep Space Systems and Adcole Space.
Redwire acquired Deployable Space Systems Inc., the Goleta, California company that manufactures structures and mechanisms including the Roll-Out Solar Array (ROSA).
AE Industrial Partners established Redwire in 2020 to create a pure-play space company.
The Redwire acquisition of Deployable Space Systems was announced on 2023-02-23.
Redwire acquired Adcole Space, Deep Space Systems, Made In Space, Roccor, LoadPath, and Oakman Aerospace as part of building its space infrastructure portfolio.
The multi-phase contract between Momentus and Redwire includes a system architecture study and delivery of a flight-qualified robotics system that will operate on a flight demonstration in 2022.
The agreement between Momentus and Redwire builds on a Memorandum of Understanding that was announced in September 2020.
Redwire will collaborate with Momentus to develop a reusable in-space transportation vehicle.
Andrew Rush expressed honor in serving his expanded role and excitement for supporting Redwire's growth.
Redwire promoted Andrew Rush to the position of President and Chief Operating Officer effective January 1, 2021.
Andrew Rush will assist the CEO and Board of Directors in developing and executing Redwire's long-term growth strategy.
Redwire Chairman and CEO Peter Cannito stated that Redwire requires a world-class leadership team to execute its strategic vision and achieve scale.
Andrew Rush will manage the integration of new acquisitions for Redwire.