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Stock impact report

KeyBanc Notes Redwire's (RDW) Shift to Multi-Domain Defense Following Transformative Edge Autonomy Deal [Yahoo! Finance]

Redwire Corporation (RDW) 
Company Research Source: Yahoo! Finance
with a Sector Weight rating but set no price target on the shares. The firm believes that following the company's acquisition of Edge Autonomy, Redwire is transforming into a multi-domain space and defense firm. However, while this expansion significantly increases the company's scale, it comes at the expense of shareholder dilution. In other news, on December 18, Redwire Corporation and The Exploration Company announced an eight-figure contract for Redwire to supply critical docking hardware for TEC's flagship spacecraft, Nyx. Based in Kruibeke, Belgium, and Munich, Germany, the two firms have agreed that Redwire will provide two International Berthing and Docking Mechanisms/IBDM. These systems are fully compliant with the International Docking System Standard/IDSS, ensuring that Nyx (a reusable and refuelable European spacecraft) can perform autonomous rendezvous and docking with a variety of standardized space infrastructure. The IBDM technology was developed in Belgium in coll Show less Read more
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