The space infrastructure company is acquiring a drone manufacturer whose technology has been deployed with Ukraine’s military forces The post Redwire expands into defense with $925 million purchase of Edge Autonomy appeared first on SpaceNews.

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Redwire expands into defense with $925 million purchase of Edge Autonomy

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jan 20, 2025-

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Redwire Announces Acquisition of Edge Autonomy; Transformational Transaction Creates a Multi-Domain, Scaled and Profitable Space and Defense Tech Company

Redwire Corporation's acquisition of Edge Autonomy for $925 million expected to boost revenue and EBITDA, with closing set for Q2 2025.

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Redwire to acquire Edge Autonomy for $925 million

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Expected to be immediately accretive to Revenue, Adjusted EBITDA and Free Cash Flow Post-transaction, Redwire expects to have a strong balance sheet 
JACKSONVILLE, Fla.–(BUSINESS WIRE)–Redwire Corporation, a leader in space infrastructure for the next generation space economy, today announced that it has signed a definitive agreement to acquire Edge Autonomy, a leading provider of field-proven uncrewed airborne system (“UAS”) technology. Under t…

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Redwire Acquires Edge Autonomy

Edge Autonomy's drone technology incorporates edge computing and AI, allowing for real-time data processing, autonomous navigation and collaborative ...http://dlvr.it/THVGjh

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Redwire expands into defense with $925 million purchase of Edge Autonomy – SpaceNews

Redwire Corp announced on Monday its agreement to acquire Edge Autonomy in a $925 million deal. The transaction will merge Redwire’s expertise in space technology with Edge Autonomy’s capabilities in autonomous systems, creating a company that spans defense and space […] The post Redwire to acquire Edge Autonomy for $925M to boost space and defense technologies first appeared on Tech Startups.

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Redwire to acquire Edge Autonomy for $925M to boost space and defense technologies - Tech Startups

Redwire intends to acquire Edge Autonomy, an uncrewed airborne system builder (UAS), to boost its ability to offer national security customers a suite of interconnected platforms across domains. The $925M deal, which is expected to close in the second quarter, will be paid through $150M in cash and $775M in shares of Redwire stock.  Acronym soup: Redwire CEO Peter Cannito said the acquisition will position Redwire to compete in the era of joint …

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Redwire Plans To Buy UAS Builder to Further NatSec Biz

Redwire strengthens its space and defense capabilities through strategic acquisition of Edge Autonomy, adding autonomous airborne systems and enhancing mission-critical offerings.

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Redwire Acquires Edge Autonomy to Expand Defense Tech Portfolio with Combat-Proven Platforms

Redwire Corp announced on Monday its agreement to acquire Edge Autonomy in a $925 million deal. The transaction will merge Redwire’s expertise in space technology with Edge Autonomy’s capabilities in autonomous systems, creating a company that spans defense and space platforms. The acquisition includes $150 million in cash and $775 million in Redwire common stock. Once finalized, Redwire expects the combined company to generate annual revenues o…

Redwire expands into defense with $925 million purchase of Edge Autonomy

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