Redwire Prepares for a Major European Satellite Delivery in the Fourth Quarter as International Customer Demand Increases
October 14 2024 - 6:00AM
Business Wire
Four Spacecraft have been Undergoing Integration and Testing at
Redwire’s State-of-the-Art Cleanroom Facility in Belgium
Redwire Corporation (NYSE:RDW), a leader in space infrastructure
for the next generation space economy, announced today that it is
finalizing integration and preparing for delivery of two satellites
for the European Space Agency’s (ESA) Proba-3 mission later the in
fourth quarter of this year. Simultaneously, Redwire has started
spacecraft integration for two other ESA satellite missions, the
Atmospheric Limb Tracker for Investigation of the Upcoming
Stratosphere (ALTIUS) and one of the In-Orbit Demonstration and
Verification (Horizon 2020 IOD/IOV) satellites, funded by the
European Union, at its state-of-the-art facility in Kruibeke,
Belgium.
Redwire’s Belgium facility has emerged as a world-class
satellite processing facility for major ESA missions. Redwire is
the prime contractor for the ALTIUS and one of the ESA-European
Commission Horizon 2020 IOD/IOV missions, which are built on
Redwire’s P200 platform and feature Redwire’s third-generation
Advanced Data and Power Management System avionics. For Proba-3,
Redwire is responsible for spacecraft integration, testing, and the
onboard computer. Redwire is also responsible for the integration,
testing, and the development of one of the technology demonstration
payloads: the 3D Energetic Electron Spectrometer, a high-fidelity
3D energetic electron spectrometer.
“It is a privilege to be supporting ESA and our other partners
to advance these game-changing European space missions,” said Erik
Masure, President, Redwire Space Europe. “Redwire has a long and
successful legacy of building satellites for important ESA
missions, including previous PROBA missions, allowing us to work
closely with ESA as well as a variety of other customers and
partners across Europe to support critical scientific advancement
and technological innovation happening around the world.”
Redwire’s Belgium facility has more than 40 years of spaceflight
heritage developing spacecraft platforms and success delivering
innovative technology for game-changing ESA programs. Redwire was
the prime contractor for ESA’s PROBA-1, PROBA-2, and PROBA-V
missions, which have a combined flight time of nearly 50 years
without failure. Leveraging its legacy of innovation and
excellence, Redwire continues to support other game-changing ESA
programs, including Skimsat, which will be a technology
demonstrator for a small satellite platform designed to operate in
very low Earth orbit; the International Berthing and Docking
Mechanism for the lunar Gateway; and the Hera mission to study the
Didymos binary asteroid system, which just launched successfully
with Redwire’s onboard computer.
About Redwire
Redwire Corporation (NYSE:RDW) is a global space infrastructure
and innovation company enabling civil, commercial, and national
security programs. Redwire’s proven and reliable capabilities
include avionics, sensors, power solutions, critical structures,
mechanisms, radio frequency systems, platforms, missions, and
microgravity payloads. Redwire combines decades of flight heritage
and proven experience with an agile and innovative culture.
Redwire’s approximately 700 employees working from 16 facilities
located throughout the United States and Europe are committed to
building a bold future in space for humanity, pushing the envelope
of discovery and science while creating a better world on Earth.
For more information, please visit redwirespace.com.
Disclaimer: The views expressed herein can in no way be taken to
reflect the official opinion of the European Space Agency and/or
the European Union.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241014223368/en/
Media Contact: Emily Devine Emily.Devine@redwirespace.com
+1 305-632-9137 Media Contact (Redwire Space Europe): Marta Lebron
Marta.Lebron@redwirespace.eu +32 3 250 14 50 OR Investors:
investorrelations@redwirespace.com +1 904-425-1431
Redwire (NYSE:RDW)
Historical Stock Chart
From Oct 2024 to Nov 2024
Redwire (NYSE:RDW)
Historical Stock Chart
From Nov 2023 to Nov 2024