Latest news with #RedwireCorporation
Business Wire
8 hours ago
- Business
- Business Wire
Redwire to Present at Jefferies Virtual Space Summit on June 24, 2025
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in aerospace and defense technology solutions, announced today that Redwire's Chairman and Chief Executive Officer Peter Cannito will present at the Jefferies Virtual Space Summit on June 24, 2025 from 1:20-1:50 p.m. ET. The presentation will be available at the following web address: About Redwire Redwire Corporation (NYSE:RDW) is an integrated aerospace and defense company focused on advanced technologies. We are building the future of aerospace infrastructure, autonomous systems and multi-domain operations leveraging digital engineering and AI automation. Redwire's approximately 1,300 employees located throughout the United States and Europe are committed to delivering innovative space and airborne platforms transforming the future of multi-domain operations. For more information, please visit
Yahoo
27-05-2025
- Business
- Yahoo
Redwire Successfully Delivers Onboard Computer for ESA's Comet Interceptor Mission to Study Pristine Comet
JACKSONVILLE, Fla., May 27, 2025--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has successfully delivered the onboard computer for the European Space Agency's (ESA) Comet Interceptor mission. Redwire developed and delivered the onboard computer through a contract with OHB Italia S.p.A. (OHB Italy). ESA's Comet Interceptor will be the first spacecraft to visit a comet coming directly from the outer reaches of the Sun, carrying material untouched since the dawn of the Solar System. Redwire's wholly owned Belgian subsidiary, Redwire Space NV, developed the onboard computer, which is the "brain" of Comet Interceptor. It is designed to monitor and control other spacecraft components, including transmitting critical data to operators on the ground. The onboard computer is part of Redwire's third generation Advanced Data and Power Management System (ADPMS-3). "We are proud to have accomplished this exciting milestone alongside our partners OHB Italy and ESA, which brings the first-of-its-kind Comet Interceptor mission one step closer to launch," said Mike Gold, Redwire President of Civil and International Space Business. "With 25 years of flight heritage, a strong track record of success, and the Redwire team's unparalleled avionics expertise, Redwire's ADPMS-3 is a critical, enabling technology for today's most ambitious European and multinational space missions." The recent delivery follows an acceptance testing campaign, which included vibration, thermal vacuum, and electromagnetic compatibility testing. The onboard computer is currently at OHB Italia headquarters, where it will undergo integration and final acceptance review. Comet Interceptor is scheduled to launch in 2029. The onboard computer is also supporting ESA's Hera mission, Europe's first planetary defense mission and part of a multinational planetary defense effort supporting ESA's Double Asteroid Redirection Test mission. Redwire's European facility in Belgium has more than 40 years of spaceflight heritage developing spacecraft platforms and success delivering innovative technology for game-changing ESA programs. Redwire was the prime contractor for ESA's Proba-1, Proba-2, and Proba-V missions, which have a combined flight time of 50 years without failure. Redwire continues to support other ESA programs, including Skimsat, a technology demonstrator for a small satellite platform designed to operate in very low Earth orbit; the International Berthing and Docking Mechanism for the lunar Gateway; and the Proba-3 mission, the first precision formation flying mission that will investigate the Sun's corona. 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 750 employees working from 17 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 Disclaimer: The views expressed herein can in no way be taken to reflect the official opinion of the European Space Agency View source version on Contacts Media Contact: Emily 305-632-9137 OR Media Contact (Redwire Space Europe): Marta 3 250 14 50 Investors: investorrelations@ 904-425-1431 Error while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Redwire Corporation (NYSE:RDW) About To Shift From Loss To Profit
We feel now is a pretty good time to analyse Redwire Corporation's () business as it appears the company may be on the cusp of a considerable accomplishment. Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. With the latest financial year loss of US$155m and a trailing-twelve-month loss of US$150m, the US$814m market-cap company alleviated its loss by moving closer towards its target of breakeven. As path to profitability is the topic on Redwire's investors mind, we've decided to gauge market sentiment. In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Redwire is bordering on breakeven, according to the 5 American Aerospace & Defense analysts. They expect the company to post a final loss in 2024, before turning a profit of US$9.6m in 2025. The company is therefore projected to breakeven around a year from now or less! At what rate will the company have to grow in order to realise the consensus estimates forecasting breakeven in under 12 months? Using a line of best fit, we calculated an average annual growth rate of 146%, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected. Given this is a high-level overview, we won't go into details of Redwire's upcoming projects, however, bear in mind that by and large a high growth rate is not out of the ordinary, particularly when a company is in a period of investment. View our latest analysis for Redwire One thing we would like to bring into light with Redwire is its debt-to-equity ratio of 158%. Generally, the rule of thumb is debt shouldn't exceed 40% of your equity, which in this case, the company has significantly overshot. A higher level of debt requires more stringent capital management which increases the risk in investing in the loss-making company. This article is not intended to be a comprehensive analysis on Redwire, so if you are interested in understanding the company at a deeper level, take a look at Redwire's company page on Simply Wall St. We've also compiled a list of key aspects you should further research: Valuation: What is Redwire worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Redwire is currently mispriced by the market. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Redwire's board and the CEO's background. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Wire
08-05-2025
- Business
- Business Wire
Redwire Chief Scientist Dr. Kenneth Savin Named to TIME's 2025 TIME100 Health List of the 100 Most Influential People in Global Health
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE:RDW), a leader in space infrastructure for the next generation space economy, announced today that Dr. Kenneth Savin, Redwire Chief Scientist, has been named to this year's TIME100 Health, a list of the 100 most influential people in global health. The prestigious recognition honors individuals making groundbreaking contributions to the future of health and medicine. Dr. Savin was selected for his deep expertise in the pharmaceutical industry and his pioneering work accelerating cutting-edge space biotech research capabilities, which leverage microgravity to improve human health on Earth. At Redwire, Dr. Savin has overseen trailblazing investigations onboard the International Space Station (ISS) in partnership with NASA and the ISS National Laboratory. Redwire successfully bioprinted the first human knee meniscus and first live human cardiac tissue using its BioFabrication Facility on the ISS. These breakthroughs address challenges faced by millions of people worldwide through the application of organ transplantation and tissue therapy and advance the next generation of pharmaceutical therapies. Dr. Savin has coordinated groundbreaking protein crystallization investigations onboard the ISS with pharmaceutical companies like Eli Lilly and Company (Lilly) and Bristol Myers Squibb using Redwire's in-space pharmaceutical lab, PIL-BOX, for improved drug development. These investigations have focused on various applications to address the world's most prevalent conditions, including antiviral, antifungal, and antiseizure applications, heart disease, and bone loss. 'I am deeply honored to be recognized as one of the TIME100's most influential figures in health for 2025,' said Dr. Savin. 'Through microgravity research and development, we are seeing extraordinary scientific achievements that are accelerating game changing biomedical breakthroughs not possible on Earth and with enormous potential for the future of human health. I am honored and proud to be part of the Redwire team and excited to see what we are able to accomplish next." Before joining Redwire, Dr. Savin had a successful 20-year career in the pharmaceutical industry working at Lilly, where he led various research and development teams, along with five investigations onboard the ISS. Following his time at Lilly, Dr. Savin was the Senior Director of In-Space Production Applications at the Center for the Advancement of Science In Space (manager of the ISS National Lab), where he worked with NASA to develop the In Space Production and Applications program to develop products in space that will benefit life on the Earth. The full TIME100 Health list can be found here. 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 750 employees working from 17 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
Yahoo
05-05-2025
- Business
- Yahoo
Redwire Corporation to Report First Quarter 2025 Results on May 12, 2025
JACKSONVILLE, Fla., May 05, 2025--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW; "Redwire" or "the Company") today announced that it will report financial results for the first quarter ended March 31, 2025, before market open on Monday, May 12, 2025. Management will also conduct a conference call starting at 9 a.m. EDT on Monday, May 12, 2025, to review financial results for the first quarter 2025. The earnings conference call can be accessed by calling 877-485-3108 (toll free) or 201-689-8264 (toll), and the conference ID is 13753501. A presentation with slides will also be live streamed. Please click the link below to follow along with the live stream: Webcast | Redwire Corporation Q1 2025 Earnings Call. The listen-only audio webcast of the call will be available in the investor relations area of our website at Please call in or log on at least five minutes in advance of the scheduled start time. For those who are unable to listen to the live event, a replay will be available for two weeks following the event by dialing 877-660-6853 (toll-free) or 201-612-7415 (toll) and entering the access code 13753501. To access the webcast replay, visit the investor relations area of our website at The earnings release and other information related to the earnings announcement will be available on 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 750 employees working from 17 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 View source version on Contacts Investors: investorrelations@ +1 904-425-1431 Sign in to access your portfolio
