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Redwire Selected by European Space Agency to Design Concept for Revolutionary Mars Spacecraft

1. Redwire Corporation won a study contract with ESA for Mars spacecraft. 2. This positions RDW in a pivotal role in the next-gen space economy.

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FAQ

Why Bullish?

Awarding of this contract suggests strong growth potential for RDW, similar to past contracts that positively affected space stocks.

How important is it?

The ESA contract is significant for RDW's future projects and strategic position in the industry.

Why Long Term?

Developments in space exploration take time, but RDW could see sustained investor interest over years.

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JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE:RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a study contract by the European Space Agency (ESA) to conceptualize a spacecraft platform that could be delivered to Mars as a part of ESA LightShip initiative. Redwire's wholly-owned Belgian subsidiary, Redwire Space NV, has been awarded one of four independent parallel industry studies to define the parameters fo.

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