NYSE:RDW

Redwire Announces $80 Million B. Riley Committed Equity Facility

Retrieved on: 
Friday, April 15, 2022

The agreement governs a committed equity facility that provides the Company with the right, without obligation, to sell and issue up to $80 million of its common stock over a period of 24 months to B. Riley at the Companys sole discretion, subject to certain limitations and conditions.

Key Points: 
  • The agreement governs a committed equity facility that provides the Company with the right, without obligation, to sell and issue up to $80 million of its common stock over a period of 24 months to B. Riley at the Companys sole discretion, subject to certain limitations and conditions.
  • Redwire is a rapidly growing leader in space.
  • Having financial flexibility is key to successfully executing our growth strategy, said Peter Cannito, Chairman and CEO.
  • The agreement allows us the discretion to raise additional capital when market conditions are favorable and there is a specific need.

Redwire in Compliance With Both NYSE and SEC Reporting Requirements

Retrieved on: 
Monday, April 11, 2022

Redwire Corporation (NYSE: RDW; Redwire or the Company) today announced that it filed its Annual Report on Form 10-K for the year ended December 31, 2021, with Securities and Exchange Commission (SEC).

Key Points: 
  • Redwire Corporation (NYSE: RDW; Redwire or the Company) today announced that it filed its Annual Report on Form 10-K for the year ended December 31, 2021, with Securities and Exchange Commission (SEC).
  • With this filing of the Form 10-K and the filing on April 1, 2022, of the Companys Quarterly Report on Form 10-Q for the period ended September 30, 2021, Redwire is now current in its SEC filings.
  • Redwire Corporation (NYSE: RDW) is a leader in space infrastructure for the next generation space economy, with valuable IP for solar power generation and in-space 3D printing and manufacturing.
  • With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to assist its customers in solving the complex challenges of future space missions.

Redwire to Present at Jefferies Virtual Space Summit on April 12, 2022

Retrieved on: 
Wednesday, April 6, 2022

Redwire Corporation (NYSE: RDW; Redwire or the Company) announces that its Chief Executive Officer, Peter Cannito will present at Jefferies Virtual Space Summit on April 12, 2022, at 1:00 PM Eastern.

Key Points: 
  • Redwire Corporation (NYSE: RDW; Redwire or the Company) announces that its Chief Executive Officer, Peter Cannito will present at Jefferies Virtual Space Summit on April 12, 2022, at 1:00 PM Eastern.
  • The conference will be held virtually and is restricted to conference participants.
  • Redwire Corporation (NYSE: RDW) is a leader in space infrastructure for the next generation space economy, with valuable IP for solar power generation and in-space 3D printing and manufacturing.
  • With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to assist its customers in solving the complex challenges of future space missions.

Redwire's Trailblazing OSAM-2 Mission Passes Critical NASA Milestone

Retrieved on: 
Wednesday, April 6, 2022

Redwire Corporation (NYSE: RDW), a leader in mission critical infrastructure for the next generation space economy, recently reached a milestone in a project aimed at developing robotic technologies to build large structures in space by passing the Mission Critical Design Review (CDR).

Key Points: 
  • Redwire Corporation (NYSE: RDW), a leader in mission critical infrastructure for the next generation space economy, recently reached a milestone in a project aimed at developing robotic technologies to build large structures in space by passing the Mission Critical Design Review (CDR).
  • OSAM-2 is a technology demonstration mission funded by NASA's Space Technology Mission Directorate and is scheduled to launch no earlier than 2023.
  • "We are proud to have accomplished this critical program milestone for the OSAM-2 mission and to move one step closer to launching this game-changing technology, said Andrew Rush, President and COO of Redwire.
  • The OSAM-2 mission will demonstrate in-space manufacturing capabilities that could revolutionize the space infrastructure landscape in low-Earth orbit and beyond.

Redwire Awarded Position for $950 Million IDIQ to Support U.S. Air Force Advanced Battle Management System

Retrieved on: 
Tuesday, April 5, 2022

Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today it has been selected by the U.S. Air Force to compete for task orders alongside several other companies under an indefinite delivery/indefinite quantity (IDIQ) contract to support its Advanced Battle Management System (ABMS).

Key Points: 
  • Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today it has been selected by the U.S. Air Force to compete for task orders alongside several other companies under an indefinite delivery/indefinite quantity (IDIQ) contract to support its Advanced Battle Management System (ABMS).
  • Redwire is pleased to be awarded a position on the ABMS IDIQ to support the Air Forces objectives to modernize critical architecture to enable faster decision making, said Redwire Chairman and CEO Peter Cannito.
  • Through our space cyber resiliency capabilities, we are uniquely qualified to deliver innovative digital engineering solutions for our government customers.
  • Redwire is an industry leader in developing digital engineering capabilities, which significantly lower the costs, risks, and lead times associated with traditional spacecraft development.

REDWIRE ALERT: Bragar Eagel & Squire, P.C. is Investigating Redwire Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, March 30, 2022

Our investigation concerns whether the board of directors of Redwire have breached their fiduciary duties to the company.

Key Points: 
  • Our investigation concerns whether the board of directors of Redwire have breached their fiduciary duties to the company.
  • The Complaint alleges that throughout the Class Period defendants made materially false and misleading statements regarding the Companys business, operational and compliance policies.
  • is a nationally recognized law firm with offices in New York and California.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Redwire Provides Solar Arrays for New Weather and Climate Research Satellite

Retrieved on: 
Tuesday, March 29, 2022

Redwire solar arrays also powered the previous satellite in the series, GNOMES-2, which launched in 2021.

Key Points: 
  • Redwire solar arrays also powered the previous satellite in the series, GNOMES-2, which launched in 2021.
  • GNOMES-3 is part of a 20-satellite constellation that commercial weather satellite operator PlanetiQ plans to have operating in low-Earth orbit by 2024.
  • "The solar arrays Redwire supplied for GNOMES-2 and GNOMES-3 and future radio occultation satellites will lead to improved weather forecasts and climate research," said Tom Campbell, Executive Vice President of Redwire Deployable Solutions.
  • Redwire solar arrays, both traditional rigid arrays and flexible solutions like the Roll-Out Solar Array (ROSA), are powering a wide array of spacecraft ranging from weather satellites and the International Space Station to deep space probes.

Redwire Corporation to Report 2021 Year End Results on March 31, 2022

Retrieved on: 
Wednesday, March 30, 2022

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Key Points: 
  • Redwire Corporation (NYSE: RDW; Redwire or the Company) announces that it will report fourth quarter 2021 earnings after the markets close on Thursday, March 31, 2022, and hold its year-end earnings conference call and audio webcast at 5:30 P.M.
  • In addition, Redwire confirms that the previously announced independent investigation into potential accounting issues at a business subunit is resolved.
  • Redwire is pleased to have concluded the internal investigation and looks forward to continuing to execute its strategic objectives.
  • "We look forward to sharing our 2021 results and 2022 outlook with you on the earnings call."

Redwire Corporation (RDW) Investigation Alert: Former Employees of Redwire Encouraged to Contact Hagens Berman to Find Out More About an Investigation into Possible Violations of Securities Laws

Retrieved on: 
Wednesday, March 16, 2022

On behalf of its client and other Redwire investors, Hagens Berman, an international class-action and complex plaintiffs litigation law firm, is conducting an investigation into the propriety of Redwires financial reporting and public disclosures.

Key Points: 
  • On behalf of its client and other Redwire investors, Hagens Berman, an international class-action and complex plaintiffs litigation law firm, is conducting an investigation into the propriety of Redwires financial reporting and public disclosures.
  • Specifically, on Nov. 10, 2021, Redwire announced it would postpone the release of its Q3 2021 financial results.
  • Hagens Berman is investigating Redwires financial reporting and disclosures, and whether the company may be liable for securities law violations.
  • Hagens Berman is a global plaintiffs rights complex litigation law firm focusing on corporate accountability through class-action law.