On June 13, Redwire Corporation announced it has completed its acquisition of Edge Autonomy Intermediate Holdings, LLC, a provider of field-proven uncrewed airborne system (“UAS”) technology. The strategic transaction was approved by Redwire shareholders on June 13.
The acquisition transforms Redwire into a scaled and profitable space and defense tech company focused on the convergence of integrated autonomous operations for defense and national security. The combined company is positioned to deliver innovative space and airborne platforms—two of the fastest growing trends in defense technology.
The company’s technology portfolios bridge the gap between airborne and space-based systems and enable software-defined, AI-enabled, autonomous operations across multiple domains and orbits, from the surface of the Earth to the surface of the Moon, Mars, and beyond.
The deal also expands Redwire’s global manufacturing and innovation presence with a highly skilled workforce of more than 1,300 employees and over 628,000 square feet of manufacturing and production capabilities across the U.S. and Europe after the combination.
“We are pleased to complete this acquisition that establishes Redwire as a global leader in the aerospace and defense sector,” said Redwire Chairman and CEO Peter Cannito. “Today marks the start of an exciting new chapter as a combined company. With Edge Autonomy, we are uniquely positioned to transform the future of multi-domain operations and provide decisive advantages to U.S. and allied warfighters. We look forward to leveraging our combined capabilities to enable the most critical missions as we strive to achieve air and space superiority and create significant value for Redwire’s customers and shareholders.”
Source: Redwire
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