Redwire to Acquire Edge Autonomy

The space infrastructure firm moves into uncrewed airborne systems with a mix of cash and stock financing.

January 22, 2025

Strategic Expansion into Uncrewed Aerial Systems

Redwire Corporation has announced a definitive agreement to acquire Edge Autonomy, a provider of uncrewed airborne system (UAS) technology, in a deal valued at $925 million. This acquisition represents a significant step in Redwire's expansion beyond its traditional space infrastructure and technology markets, positioning the company as a key player in the rapidly evolving defense and aerospace sectors.

Funding Strategy and Potential Equity Offering

The transaction is structured as a combination of $150 million in cash and $775 million in Redwire common stock, using a stock price valuation of $15.07 per share. To finance the cash portion, Redwire may use cash on hand, an existing credit facility, new debt, or an equity raise.

Board and Shareholder Approval Process

The merger agreement has been unanimously approved by Redwire’s Board and now requires a majority vote from shareholders. A special shareholder meeting will be scheduled to approve the deal.

Regulatory Considerations and Risk Factors

Regulatory approvals, including antitrust and foreign investment clearances, are required before closing. Risks include integration challenges, financing risks, and market volatility.

Next Steps and Expected Timeline

Pending approvals, the acquisition is expected to close in late 2025. Redwire will continue providing updates to investors through SEC filings and public communications.