Redwire

RDW

Market cap $3.13B

Redwire (NYSE: RDW) is the space-and-drones story dominating retail feeds right now, riding a 107.2% year-to-date run on record backlog and a viral “drones plus space” thesis.

Redwire was running out of cash, with only a year left till empty. To solve this problem, Redwire has announced it will sell shares and raise $500 million in new cash.

Redwire Corp (NYSE:RDW) shares are trading lower on Tuesday after the company announced a new at-the-market equity offering.

Industries from semiconductors to fiber-optic cables stand to benefit from space research and manufacturing, but experts told CNBC that medicine could see the most immediate disruption. A flurry of companies is capitalizing on space, which allows for complex chemical processes that gravity makes impossible on Earth.

At $22.04, Redwire (NYSE:RDW) carries a ‘hold' framing, with the thesis hinging on a pullback before the risk/reward improves.

Rocket Lab gives investors another way to play the space race.

The space sector is getting hammered this week. Nearly every name on the board is red — some sharply so — as a combination of SpaceX pre-IPO fatigue and the implosion of a high-profile short squeeze drags the group lower across the board.

LUXEMBOURG--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a global leader in space and defence technology solutions, announced today that it has been awarded a contract from Astrobiome Space S.à r.l., a Luxembourg-based biotech company pioneering microbiome solutions for regenerative space agriculture, to grow strawberries and test Astrobiome Space's proprietary soil enhancement product inside Redwire's Greenhouse systems on board the International Space Station (ISS). This award marks the.

RDW shares surge 235.2% in six months, but higher costs, estimate cuts and a premium P/S keep risks in focus.

Jefferies analyst Greg Konrad downgraded Redwire stock to hold today. He also raised his price target to $24 a share!