Redwire Corporation
Redwire Corporation Announces Acquisition of Edge Autonomy
Summary
Redwire Corporation, a leader in space-based platforms for national security, civil, and commercial customers, announced on January 21, 2025, the acquisition of Edge Autonomy, a provider of field-proven, innovative, autonomous and uncrewed airborne systems, for $925 million. The acquisition, expected to close during the second quarter of 2025, is subject to customary approvals and closing conditions. Redwire expects the transaction to significantly expand its total addressable market, support organic growth, and be immediately accretive to revenue, Adjusted EBITDA, and free cash flow. The acquisition will also diversify Redwire's customer base, adding a fourth category of international defense. Redwire provided financial guidance for fiscal year 2025, expecting combined revenue to be in the range of $535 million to $605 million and combined Adjusted EBITDA between $70 million and $105 million.
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About Redwire Corporation
Redwire Corporation is a distinctive player in the aerospace and defense industry, specializing as a provider of mission-critical space solutions and components. The company's primary function is to innovate and deliver cutting-edge technologies that support satellite assembly, space exploration, and infrastructure development in the expanding commercial space industry. Redwire stands out for its comprehensive suite of offerings, ranging from advanced sensors and space antennas to deployable structures and in-space manufacturing capabilities. With a focus on servicing both governmental and commercial entities, Redwire Corporation plays a pivotal role in enhancing the reliability and efficiency of space operations. Since its formation, the company has become a crucial partner to established and emerging space enterprises, contributing to significant projects such as manned space missions and Earth observation satellites. Redwire's ongoing commitment to technological advancement positions it as a key contributor to the sustainability and growth of the space economy, fostering innovation and exploration beyond traditional frontiers.
Official SEC Documents
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