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6 stories mentioning RDWUpdated 55d ago

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Wire

Redwire to Expand Huntsville Campus

Redwire (RDW) will expand its Huntsville, Alabama, campus by 164,000 square feet to increase manufacturing and engineering capacity for defense and space technologies, the company said Monday.The expansion, supported by about $8.5 million in eligible state and local economic development incentives, is expected to create about 150 high-skilled jobs.The construction has begun and is expected to be completed by Q4 2027, it added.Price: $8.53, Change: $+0.08, Percent Change: +0.95%

$RDW
Wire

Redwire Wins Taiwan Contract for Penguin Mk2.5 VTOL Drone

Redwire (RDW) won a contract for an undisclosed amount from SemiLux International's Taiwan Color Optics unit to deliver its Penguin Mk2.5 VTOL Uncrewed Aerial System to the Taiwan Coast Guard.The aircraft was selected for its long endurance, vertical takeoff and landing capability, and its integrated day- and night-vision sensors used for maritime surveillance, Redwire said Tuesday in a statement.The platform can track and target small moving objects, Redwire said.Price: $11.93, Change: $+0.24, Percent Change: +2.01%

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Wire

Top Midday Decliners

AST SpaceMobile (ASTS) and other space-related firms saw their stock prices drop in Friday trading after Blue Origin's New Glenn rocket exploded Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida.Shares of AST fell more than 15% following an increase in intraday trading volume to over 32.4 million from a daily average of about 18.0 million.Redwire (RDW) shares dropped 7%, with intraday trading volume rising to over 39.3 million from a daily average of about 30.6 million.Gap (GAP) reported slower-than-expected growth in fiscal Q1 revenue late Thursday, undermining its narrow adjusted earnings beat.Shares slumped 16% as intraday trading volume soared to more than 17.9 million from a daily average of about 8.2 million.Price: $112.18, Change: $-20.92, Percent Change: -15.71%

$ASTS$GAP$RDW
Wire

AST SpaceMobile, Other Space Stocks Fall After Blue Origin Rocket Explosion

AST SpaceMobile (ASTS) and other space-related firms saw their stock prices drop in Friday trading after Blue Origin's New Glenn rocket exploded on Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida.AST shares fell 18%, while Rocket Lab (RKLB) stock was down 5.5%. Intuitive Machines (LUNR), Redwire (RDW), and Planet Labs (PL) also saw their stock fall by 13%, 12%, and 10%, respectively.Blue Origin, backed by Amazon's (AMZN) Jeff Bezos, is one of the few companies aiming to compete with Elon Musk's SpaceX.Price: $108.57, Change: $-24.52, Percent Change: -18.42%

$AMZN$ASTS$LUNR$PL$RDW$RKLB
Wire

Market Chatter: Redwire, Other Space-Related Stocks Lifted by Optimism on SpaceX's Upcoming IPO

Redwire (RDW) and other space and satellite-related stocks surged in afternoon trading on Tuesday as investors' positive outlook on the sector was intensified after Elon Musk's SpaceX filed for an initial public offering last week, Bloomberg reported Tuesday.Redwire shares jumped 27%, AST SpaceMobile (ASTS) stock was up 19%, Firefly Aerospace (FLY) shares rose 18%, and MDA Space (MDA) stock was up 5.9%.Analysts and investors expect the global space economy to continue to grow, with firms well-positioned in the space industry set to benefit, according to the report.SpaceX's IPO could potentially occur as early as next month, and it is targeting to raise as much as $75 billion, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $22.36, Change: $+4.87, Percent Change: +27.82%

$ASTS$FLY$MDA$RDW
Wire

Voyager Gets Subcontract From Redwire For DARPA Program

Voyager Technologies (VOYG) said Wednesday it was awarded a subcontract by Redwire (RDW) to supply its high-precision Acceleration Measurement System.Redwire is the prime contractor for the DARPA Otter program, the company said.The Otter mission requires frequent use of propulsion to maintain its very low Earth orbit against atmospheric drag and gravity, the company said.Voyager said its system delivers the precise maneuvering ability and acceleration data required for the spacecraft to perform.Price: $36.87, Change: $-0.70, Percent Change: -1.86%

$RDW$VOYG

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