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0 0 0 0.00182815356489958 0.00182815356489958 0.00182815356489958 -0.00731261425959765 -0.00914076782449706
Stock impact report

Redwire Opens New Facility in Michigan to Increase Production of Critical Fuel Cells for Stalker UAS

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 it has opened a new 85,000 square foot facility in Ann Arbor, Michigan to increase production of critical fuel cells for its Stalker uncrewed aerial system (UAS) to meet growing demand.This strategic expansion nearly doubles Redwire’s footprint in Michigan and increases vertical integration for its wholly owned subsidiary, Edge Autonomy. The state-of-the-art facility further enables Edge Autonomy to scale production of comprehensive energy solutions, including battery, filtration, and solid oxide fuel cells used to power its Stalker UAS and propane-powered fuel cells supporting other critical applications like efficient and cost-effective power for freight rail.“This strategic expansion is a key investment in our vertical integration strategy for Stalker UAS production which is a major differentiator. As the Pentagon signals plans to stim Show less Read more
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