by Douglas Messier
Managing Editor

Shares of space infrastructure and manufacturing conglomerate Redwire (RDW) surged by 16.57 percent on Friday during the company’s first day of trading on the New York Stock Exchange. The stock price rose by $1.74 to $12.24.

The debut came after shareholders of Genesis Park Acquisition Corp. overwhelmingly backed a merger with Redwire on Wednesday. Genesis Park was a special purpose acquisition company (SPAC) that was already traded on NYSE that was established by investors with the goal of finding a company with which to merge and take public.

JACKSONVILLE, Fla. February 23, 2021 (Redwire PR) – Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Deployable Space Systems, Inc. (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications. Terms of the transaction were not disclosed.

“DSS has an unmatched reputation for innovative deployable space technologies and infrastructure, and that is a perfect fit for Redwire’s technology portfolio,” said Peter Cannito, Chairman and CEO of Redwire. “These new capabilities will expand our set of space infrastructure solutions and deliver even greater value to our customers.”

by Douglas Messier
Managing Editor

During the SmallSat Symposium last week, Richard Branson was asked why Virgin Galactic had gone public using a special purpose acquisition company (SPAC).

“I’m impatient. The SPAC gets through all of the rigmarole of public companies. Yes, I thought, that’s great, let’s do it,” he replied.

Branson was half right. A SPAC makes it a lot easier for a company to go public. But, impatience was probably not the main reason Virgin Galactic went SPAC.

JACKSONVILLE, Fla., January 19, 2021 (Redwire PR) – Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Oakman Aerospace, Inc. (OAI) a leading provider of cutting-edge products and services related to digital engineering, spacecraft and satellite design and development, mission payload development, and data distribution services. Terms of the transaction were not disclosed.

“Oakman Aerospace adds a critical capability in digital engineering that will significantly enhance our space infrastructure solutions,” said Peter Cannito, Chairman and CEO of Redwire. “Their modular open systems architecture design and development approach and proprietary commercial off-the-shelf software suite is transforming the way future space capabilities are designed, developed, deployed and operated.”

JACKSONVILLE, Fla., October 29, 2020 (Redwire PR) – Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Roccor, a disruptive military and commercial hardware supplier in the rapidly growing small satellite market and a premier manufacturer of deployable booms, structures, antennas, thermal products, and solar arrays for the space industry. Terms of the transaction were not disclosed.

Next Generation Space Technology Company was Formed by AE Industrial Partners Earlier this Month

BOCA RATON, Fla., June 11, 2020 (Redwire PR) — Redwire, a new leader in mission critical space solutions and high reliability components for a next generation space architecture, announced today that Peter Cannito has been named Chairman and CEO, effective immediately. Mr. Cannito brings more than 25 years of experience in the defense, technology, and government services industries to Redwire.

by Douglas MessierManaging Editor Deep Space Systems has filed an appeal with the Government Accountability Office (GAO) over NASA’s decision to award Commercial Lunar Payload Services (CLPS) contracts to three rival companies. On May 31, NASA awarded contracts worth $253.5 million to Astrobotic, Intuitive Machines and OrbitBeyond to carry up to 23 payloads to the moon on three commercial missions scheduled for launch between September 2020 and July 2021. Deep […]

Picture Caption (via Facebook): Concept art of the new lunar rover proposed by Deep Space Systems Inc., one of nine vendors awarded a contract on November 29 as part of NASA’s Commercial Lunar Payload Services (CLPS) Program. Well done, Michelle Caillouet Bailey, Stephen Bailey, and the whole Deep Space Team! Editor’s Note: Deep Space Systems is partnered with Intuitive Machines, which is another of the nine companies chosen from the […]

The moon rising over Half Moon Bay. (Credit: Douglas Messier)

WASHINGTON (NASA PR) — Nine U.S. companies now are eligible to bid on NASA delivery services to the lunar surface through Commercial Lunar Payload Services (CLPS) contracts, as one of the first steps toward long-term scientific study and human exploration of the Moon and eventually Mars.

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