Redwire announces $925 million acquisition of Edge Autonomy
Evidence notes
- Redwire announced an agreement to acquire Edge Autonomy in a transaction valued at approximately $925 million.
- The consideration was expected to include $150 million in cash and $775 million in Redwire common stock.
- The transaction was positioned as creating a multi-domain space and defense technology company with uncrewed aerial systems exposure.
Company context
Redwire Corporation is a public space and defense technology company whose defense portfolio expanded materially through its acquisition of Edge Autonomy. The combined business supplies uncrewed aerial systems, advanced optics, resilient power systems and software-defined capabilities for U.S. and allied defense users.