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Stock impact report

Redwire Awarded Contract to Provide Spacecraft Docking Systems for The Exploration Company's European Space Capsule

Redwire Corporation (RDW) 
Company Research Source: Business Wire
KRUIBEKE, Belgium & MUNICH--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions, and The Exploration Company (TEC), a European aerospace company developing reusable, in-orbit-refuelable spacecraft, announced today they have entered an agreement for Redwire to provide two International Docking System Standard (IDSS) compliant docking systems for TEC’s flagship spacecraft, Nyx. Through this eight-figure deal, Redwire’s state-of-the-art docking system, the International Berthing and Docking Mechanism (IBDM), will support future autonomous rendezvous and docking capabilities for Nyx, contributing to Europe’s goal of strengthening autonomous access to space.“This agreement marks a significant step in supporting Europe’s fast-growing commercial space sector. We are thrilled to contribute to one of the most exciting space programs in Europe,” said Marc Dielissen, General Manager of Redwire Belgium. “IBDM allows for future docking op Show less Read more
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