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Redwire to Acquire Edge Autonomy for $925 Million

1/23/2025

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Summary

Story summary

Redwire, the Jacksonville-based space company, is set to acquire Edge Autonomy for a staggering $925 million, comprising $150 million in cash and $775 million in stock. This strategic move will bolster Redwire's defense technology, incorporating advanced drone systems utilized in Ukraine, and significantly enhancing its military operations and multi-domain connectivity.

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Story summary

Redwire, the Jacksonville-based space company, is set to acquire Edge Autonomy for a staggering $925 million, comprising $150 million in cash and $775 million in stock. This strategic move will bolster Redwire's defense technology, incorporating advanced drone systems utilized in Ukraine, and significantly enhancing its military operations and multi-domain connectivity.