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Redwire Awarded Contract to Provide Critical Avionics Technology for Multinational Earth Observation Satellite Constellation

1. RDW awarded contract for ESA's Next Generation Gravity Mission satellites. 2. This contract positions RDW in a critical space technology initiative.

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FAQ

Why Bullish?

The contract signifies growing demand for RDW's technology, similar to past contracts boosting market confidence.

How important is it?

The contract enhances RDW's future projects, indicating potential long-term revenue and market credibility.

Why Long Term?

Strategic contracts like this often lead to sustained revenue growth over several quarters.

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SPCELNTMAXR
JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE:RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract by SpaceTech GmbH to provide critical avionics technology for the European Space Agency's (ESA) Next Generation Gravity Mission (NGGM) satellites. The NGGM satellites are ESA's contribution to a planned NASA and ESA Earth observation satellite constellation known as Mass Change and Geophysics Internationa.

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