StockNews.AI
RDW
StockNews.AI
3 hrs

Redwire Announces Follow-On Delivery of Edge Autonomy's Penguin UAS to Ukraine Armed Forces

1. RDW's Edge Autonomy delivers Penguin UAS to Ukraine Armed Forces. 2. Edge Autonomy's UAS is crucial for reconnaissance and surveillance. 3. Continued investment in Ukraine enhances RDW's market presence. 4. The U.S. now includes Penguin in Security Assistance Packages. 5. Edge Autonomy's UAS technology meets real-time military needs.

6m saved
Insight
Article

FAQ

Why Bullish?

The delivery of advanced UAS to Ukraine boosts Rdw's market reputation and support in the defense sector, reflecting positively on its growth potential as a defense contractor.

How important is it?

This announcement solidifies RDW's position as a key player in defense technologies, especially amid ongoing military conflicts, making it highly relevant for investors.

Why Short Term?

Immediate recognition from stakeholders and potential contracts may affect RDW's stock in the next quarter, similar to past instances where defense contracts led to price surges.

Related Companies

Redwire Corporation (NYSE:RDW), a global leader in space and defense technology solutions, today announced that its wholly owned subsidiary, Edge Autonomy, has delivered additional aircraft from its Penguin uncrewed aerial system (UAS) series to the Ukraine Armed Forces.

Edge Autonomy has been contracted directly by the Ukraine Armed Forces, since the full-scale Russian invasion in February 2022, to deliver Penguin UAS for advanced combat-proven reconnaissance, surveillance, and target acquisition capabilities.

"We have a well-established presence in the Baltics and are heavily invested in the region, which has uniquely positioned us to understand and support Ukraine's mission for freedom and autonomy," said Steve Adlich, President of Edge Autonomy. "We greatly value our Ukrainian colleagues and the partnerships we have formed, and we look forward to continuing to strengthen our ties in Ukraine and across Europe."

With an office in Ukraine, the Edge Autonomy team works directly with warfighters in the field to adapt to real-time mission needs and continually innovate its advanced technology.

Edge Autonomy's Penguin UAS offers extended endurance, rapid deployment, and ease of operation, making it an essential asset for tactical operations. The aircraft's proven history of conflict mission support also led to the inclusion of the Penguin C UAS, by name, in the United States Security Assistance Packages for Ukraine in July 2023 and December 2024.

Edge Autonomy, a wholly owned subsidiary of Redwire, specializes in delivering innovative uncrewed aerial systems, advanced optics, and resilient energy solutions that are being used by the DoD, U.S. Federal Civilian Agencies, and allied governments. With nearly three decades of technology heritage and manufacturing expertise, Edge Autonomy's experienced team delivers proven solutions based on real-world mission needs.

About Redwire

Redwire Corporation (NYSE:RDW) is an integrated space and defense tech 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 that are transforming the future of multi-domain operations. For more information, please visit RDW.com.

Media Contact:

Tere Riley

Tere.Riley@redwirespace.com

+1 321-831-0134

OR

Investors:

investorrelations@redwirespace.com

+1 904-425-1431

Related News