Redwire(NYSE) RDW

Redwire Corporation makes parts for satellites and space missions. It builds cameras and navigation tools for government and commercial customers. These products help people explore space and improve national security.

Tools for Orbit and Defense

• Space Infrastructure: Next-generation spacecraft and parts like solar arrays and sensors for satellites.
• Defense Technology: Autonomous flight systems and uncrewed airborne systems, also known as drones, for military surveillance.
• Avionics and Sensors: Specialized cameras and navigation systems that guide spacecraft through the solar system.
• Microgravity Payloads: Equipment and facilities used for scientific research in the weightless environment of space.

Expanding the Reach into Defense

• Acquired Edge Autonomy on June 13, 2025, to expand into uncrewed aircraft and surveillance capabilities.
• Launched two new Octopus sensors for intelligence, surveillance, and reconnaissance in the first half of 2026.
• Secured a multiyear contract from a NATO ally to provide Penguin uncrewed aircraft.
• Finished on-orbit drug research in 2026 through partnerships with major pharmaceutical firms and universities.

Reliability in High-Stakes Environments

Redwire uses digital engineering and artificial intelligence to simulate how parts perform in space before they launch. Its flight-proven technology has supported major missions like NASA's Orion capsule and the Global Positioning System.

Recent Financial Performance

• Revenue was $117.1 million for the three months ended June 30, 2026, up 90% year over year.
• Gross margin reached 28% for the quarter ended June 30, 2026, compared to negative 31% for the same period in 2025.
• Contracted backlog grew to $542.1 million as of June 30, 2026, up from $411.2 million as of Dec. 31, 2025.
• Book-to-bill ratio, which compares new orders to current revenue, was 1.42 for the three months ended June 30, 2026.

Evolution of a Space Leader

Redwire has transitioned from a space component maker to a provider of complex defense and intelligence systems. This strategy has resulted in a record backlog and significantly higher revenues.