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The acquisition of Hera Systems expands Redwire’s spacecraft portfolio to support specialized national security space missions in geostationary orbit.
Hera Systems recorded $15,000,000 in revenue for the year ended 2023-12-31.
Redwire Corporation completed its previously announced acquisition of Hera Systems, Inc. on 2024-09-03.
Redwire adjusted its full-year 2024 revenue guidance from $300,000,000 to $310,000,000 as part of the Hera Systems acquisition.
Redwire adjusted its full-year 2024 revenue guidance from $300,000,000 to $310,000,000 as part of the Hera Systems acquisition.
Redwire Corporation (NYSE: RDW) signed a definitive agreement to acquire Hera Systems, Inc.
In 2022, Hera Systems was contracted by Orion Space Solutions to develop three satellites for the U.S. Space Force’s Tetra-5 mission, an on-orbit servicing demonstration in geostationary orbit.
Hera Systems recorded $15,000,000 of revenue for the year ended 2023-12-31.
Redwire expects the addition of Hera Systems’ platform to strengthen Redwire’s spacecraft portfolio and support specialized National Security Space missions in geostationary orbit.
U.S. Space Force Space Systems Command selected Orion Space Solutions and subcontractors Hera Systems, Booz Allen Hamilton, SCOUT Space, Sedaro, Utah State University, and ICR, Inc. to design, develop, and demonstrate the Tetra-5 spacecraft and autonomous collaboration capabilities.
LeoStella and Hera Systems submitted a combined manufacturing proposal for the Space Development Agency’s Tranche 2 Transport Layer.
LeoStella and Hera Systems will collaborate on manufacturing the Hera Systems Leoness Smart Bus product line as part of their SDA Tranche 2 proposal.
LeoStella and Hera Systems will collaborate on manufacturing Hera Systems’ Leoness™ Smart Bus product line.
The alliance between LeoStella and Hera Systems on the SDA Tranche 2 Transport Layer proposal marks the first collaboration between the two companies and is projected to be a long-term relationship to expand the smallsat ecosystem.
Hera Systems and LeoStella are partnering with an undisclosed prime contractor in a bid for the SDA Tranche 2 Transport Layer Alpha procurement.
Hera Systems designed the Leoness satellite bus that Hera Systems and LeoStella offered in their bid submitted to SDA in late July 2024.
Hera Systems and LeoStella plan to jointly manufacture satellite buses for the Space Development Agency and for other government and commercial customers.
Hera Systems and LeoStella are teaming up to compete for a large military contract to be awarded in fall 2024 by the U.S. Space Development Agency.
LeoStella and Hera Systems offer a combined manufacturing proposal for the Space Development Agency’s Tranche 2 Transport Layer.
SCOUT was awarded a $44,500,000 contract for the Tetra-5 mission through the Space Enterprise Consortium (SpEC) in collaboration with Hera Systems and Booz Allen Hamilton and led by Orion Space Solutions.