Redwire Corp (RDW)

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Redwire expands into defense with $925 million purchase of Edge Autonomy

The space infrastructure company is acquiring a drone manufacturer whose technology has been deployed with Ukraine’s military forces
by Sandra Erwin
January 21, 2025

WASHINGTON — Redwire announced a deal to acquire drone maker Edge Autonomy for $925 million, a combination that would transform the space infrastructure company into a bigger player in defense technology.

Jacksonville, Florida-based Redwire announced Jan. 20 it will pay $150 million in cash and $775 million in stock for Edge Autonomy, a manufacturer of military uncrewed aircraft systems whose technology has been deployed with Ukrainian forces in their war against Russia.

https://spacenews.com/redwire-expands-into-defense-with-925-million-purchase-of-edge-autonomy/