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

1. RDW secured a contract for avionics tech from SpaceTech GmbH. 2. This strengthens RDW's position in the space infrastructure market.

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FAQ

Why Bullish?

The awarded contract expands RDW's portfolio and enhances growth prospects. Historically, similar contracts led to stock appreciation for space-related firms.

How important is it?

This contract directly aligns with RDW's core business, indicating strong growth potential in a lucrative sector.

Why Long Term?

The implications of this contract could benefit RDW over several years as projects progress and further opportunities arise in the space economy.

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SPACLMTNTES
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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