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-0.00107991360691142 0.00215982721382285 0.00863930885529158 0.00431965442764589 0.00647948164146874 0.0107991360691146 0.0172786177105832 0.00647948164146874
Stock impact report

NASA Awards Redwire $4 Million In Additional Funding to Support Trailblazing Drug Development in Microgravity

Redwire Corporation (RDW) 
Company Research Source: Business Wire
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions, today announced that NASA has awarded the company an additional $4 million to support new drug development investigations on the International Space Station (ISS) using Redwire’s Pharmaceutical In-space Laboratory (PIL-BOX) technology. This additional funding expands an existing task order under a $25 million, five-year indefinite-delivery/indefinite-quantity contract through NASA’s In Space Production Applications (InSPA) program.“The space and pharmaceutical industries are coming together in a way that will transform both fields,” said Mike Gold, President of Redwire’s Space business segment. “NASA and the InSPA program are playing a critical role by acting as a catalyst for revolutionary new public and private sector capabilities, and we’re proud and grateful that they have selected Redwire to implement this work tackling diseases ranging from cancer Show less Read more
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