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Redwire Corporation

๐ŸŒฑ Survivor
$RDWSpaceSPAC Year: 2021Merged: 2021Sponsor: Genesis Park Acquisition Corp

Trust Size

$310M

Peak Price

$19.50

Current Price

$12.00

Return

+20.0%

Peak Market Cap

$1.5B

What Happened

Space infrastructure company making antennas, solar arrays, and 3D printing for satellites. One of the rare space SPAC survivors with real government contracts.

Redwire merged with Genesis Park Acquisition Corp in September 2021. The company provides spacecraft components and 3D printing in orbit. It has real contracts with NASA, the US Space Force, and commercial satellite makers. Revenue grew from $130M to $300M+. Unlike most space SPACs, Redwire sells actual hardware that gets launched into space. Stock dipped to $3 in 2023 but recovered to $12 on strong earnings.

Projections vs. Reality

Projected Revenue

$300M

What they told investors

Actual Revenue

$311M

What actually happened

Hype-to-Reality Ratio: 104.0x

Key People

Peter Cannone

CEO

Defense/aerospace executive

Timeline

2021-03

SPAC merger announced

2021-09

Merger completed

2022-12

Revenue hits $200M

2023-06

Stock hits low of $3

2025-01

Stock recovers to $12 on strong earnings

๐Ÿ“„ SEC Filings

View all EDGAR filings for Redwire Corporation

View on SEC.gov โ†’

Risk Scores

Dilution Score

40/100

Insider Profit Index

30/100

Hype-to-Reality Ratio

104.0x

Projected รท actual revenue

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