Hey I stumbled upon a spac. I was going thru headlines and I saw this company that had rescheduled their earnings report. That's usually a bad sign, so of course I'm instantly thinking a granny's shorts play. Well the more I looked, the more I looked. How'd we miss this one Stoney? This thing has been put together over the last decade by private equity acquiring these cutting edge space technology companies under one roof. Now its Spac'd. This is a no BS company. It is down too, $10.60. I doubt there's anything wrong. Here ya go Stoney, start digging. I know its a SPAC, but this one has to be going somewhere. It has to. $RDW $10.60
Formed on June 1, 2020, by private equity firm AE Industrial Partners, Redwire was initially created through the merger of Adcole Space and Deep Space Systems.[2] Shortly after formation, on June 24, 2020, Redwire acquired Jacksonville, Florida-based Made In Space, Inc. The addition of Made in Space added 3D printing to the company's portfolio.[3] On September 15, 2020, Redwire announced that it was moving its headquarters to Jacksonville.[4] Redwire's acquisitions continued throughout 2020 and 2021. Longmont, Colorado-based Roccor was acquired by Redwire on October 29, 2020. The acquisition added capabilities in the manufacturing of solar panels, antennas, and deployable booms.[5] The payload launch technology maker, LoadPath, was acquired on December 15, 2020.[6] Redwire acquired Littleton, Colorado based Oakman Aerospace on January 19, 2021. Founded in 2012, Oakman adds critical capability in digital engineering that will significantly enhance Redwire's space infrastructure solutions.[7] Deployable Space Systems was acquired by on February 23, 2021, adding Roll Out Solar Array (ROSA) capabilities to Redwire's portfolio.[8] Redwire announced on March 25, 2021 its intentions to go public through a merger with the SPAC Genesis Park Acquisition Corp., valuing the company at US$615 million.[9][10] Operations Redwire and subsidiaries operate throughout the United States, with locations in Florida, Colorado, California, Alabama, Massachusetts, Alabama and New Mexico. The company consists of the following subsidiaries: Adcole Space See also: Adcole Adcole Space, a former component of Adcole Corporation, specializes in the design, manufacturing, integration and testing of spacecraft components for application in the commercial, research and military sectors. Located in Marlborough, Massachusetts, Adcole Space focuses on high performance, high reliability sun sensors and other spacecraft components.[11] Deep Space Systems Main article: Deep Space Systems Based in Littleton, Colorado, Deep Space Systems (DSS) is focused on systems engineering, spacecraft design, development, integration and testing, deep space mission operations, and high-definition space-qualified cameras. DSS was incorporated in 2001, and was a founding component of Redwire, after its merger on June 1, 2020 with Adcole Space.[12] DSS is considered a "main contractor" for NASA's Commercial Lunar Payload Services (CLPS) program, and can sub-contract projects to other companies of their choice.[13] DSS is also working on a lander concept focused on scouting south polar lunar resources.[14] Deployable Space Systems Deployable Space Systems developed Roll Out Solar Array (ROSA) technology, pictured above being held by the robotic arms at the International Space Station Deployable Space Systems, Inc. (DSSI) specializes in the development of deployable technologies for space applications. Located in Goleta, California, DSSI designs, analyzes, builds, tests and delivers deployable solar arrays, deployable structures and space system products. Product and research areas include deployable solar array systems, rigid panel, flexible blanket, and concentrator systems with crystalline or thin film photovoltaic deployable structural/mechanical systems, articulated structures, open-lattice structures, booms, elastic deployable structures, roll-out booms, deployable reflectors, deployable occulters, sun shades, subsystems, high efficiency photovoltaic flexible and rigid blanket/panel assemblies (with photovoltaic partners), launch restraint release systems, mechanisms and actuators.[15] LoadPath Based in Albuquerque, New Mexico, LoadPath specializes in mechanical, structural, and thermal technologies for satellite and space launch applications. Unique capabilities include space mechanisms, multi-payload launch adapters, structural testing, deployable composite booms, deployable space structures, R&D engineering, spacecraft thermal management components, and thermal analysis. LoadPath is controlled by an AS9100 certified quality management system.[16] Made In Space, Inc. Main article: Made In Space, Inc. Based in Jacksonville, Florida, Made In Space specializes in the development and manufacturing of three-dimensional printers for use in microgravity. Founded in August 2010 by Aaron Kemmer, Jason Dunn, Mike Chen, and Michael Snyder, Made in Space has a general focus on manufacturing technologies that support exploration, national security, and sustainable space settlement.[17] Oakman Aerospace Based in Littleton, Colorado, Oakman Aerospace, Inc. was co-founded by Stanley Oakman Kennedy, Jr., Maureen S. O’Brien, and Stanley Oakman Kennedy, Sr. in July of 2012.[18] The Littleton facility has approximately 11,300 square feet of test laboratory and office space, which includes 1,000 square feet of engineering laboratory space, several test areas, and modular test stations. OAI has the capability and capacity to simultaneously design, assemble, integrate, and test programs or perform multiple technology test and evaluation efforts. The assembly and test laboratories are equipped with regularly calibrated measuring and test equipment. The laboratories have six independent workstations equipped with modern assembly equipment and tools. The facility is in full compliance with all OSHA and State safety requirements. OAI laboratory space has the ability to host flight components using clean room level laminar flow benches with individual temperature and humidity controls. Oakman is building a satellite ground station with 5.5 m dish at Chippewa County International Airport.[19] Roccor Based in Longmont, Colorado, Roccor is a manufacturer of solar panels, antennas, and deployable booms. Launched on May 5, 2010, by founder Will Francis, its acquisition by Redwire was announced on October 29, 2020.[20] Roccor was an 80-person company at the time of acquisition.[21]
15 days ago))))))) Urban Outfitters Gains as Citi Says It’s too Cheap to Ignore October 22, 2021 Investing.com – Urban Outfitters stock (NASDAQ:URBN) rose more than 2.5% higher Friday as Citi C upgraded the retailer to a buy with a target of $40, lower than the previous target of $44. The new price still carries an upside potential of around 28% from the stock’s current level of $31.34. NOW $35.60 THEY WERE RIGHT! TODAY- --Urban Outfitters named 'Short-Term Catalyst Buy' at Deutsche Bank 06:49 URBN PE 12.
Redwire Acquires Techshot, the Leader in Space Biotechnology JACKSONVILLE, Fla. (November 2, 2021) – Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, today announced that it has acquired Techshot, Inc., a leader in biotechnology in microgravity, bioprinting, and on-orbit manufacturing needed for commercial space-based research and development. “Techshot’s space bioprinting and other proven biotech solutions in microgravity are some of the most consequential innovations in Low Earth Orbit (LEO) with life-saving benefits on and off our home planet,” said Peter Cannito, Chairman and CEO of Redwire. “Adding Techshot’s leading position in commercial space biotechnology with Redwire’s leading position in on-orbit material manufacturing adds significant scale and synergy to our commercial space offerings. This is a giant leap forward in our vision for people living and working in space for the benefit of the terrestrial economy.” This acquisition aligns with Redwire’s growth strategy to leverage strategic investments to scale in-space manufacturing in LEO which will directly impact the sustainability of future human spaceflight and deliver optimized products for Earth-based industries. The acquisition of Techshot is value accretive and will provide a complementary suite of products to further advance Redwire’s disruptive innovation. “As part of Redwire, we now have more of the resources we need to help accelerate the development of our growing portfolio of new space biomedical technologies, while we continue to provide great service to our research and deep space exploration customers,” said Techshot President and Co-founder John Vellinger. “We’re excited to be part of a leading company in the commercialization – and indeed, the industrialization – of low Earth orbit, and beyond.” Since 1988, Techshot has been at the forefront of biological and physical-science research in space. It has developed more than a dozen payloads – four of which currently are operating on the International Space Station. The company’s key products include the 3D BioFabrication Facility: the first American system capable of manufacturing human tissue in microgravity; the Multi-use Variable-gravity Platform: containing a set of centrifuges for in-space biological and physical-science research; the Advanced Space Experiment Processor: a multipurpose device for biological research and small scale manufacturing in space; and the Bone Densitometer: an in-orbit X-ray machine chiefly used by Techshot customers for researching new treatments for osteoporosis and muscle wasting diseases. Techshot’s development pipeline includes a new payload for 3D printing metal and electronic components, and devices for manufacturing pharmaceuticals and large quantities of human cells for bioprinting and cell therapies. Beyond operating its own devices, Techshot also manages research in NASA’s space station furnaces and the Advanced Plant Habitat. Techshot’s customers include, Eli Lilly and Company, AstraZeneca, UCLA, MIT, and the Geneva Foundation among other government and commercial entities. Based in Floyd County, Indiana, Techshot’s 22,000 square foot facility, located near world-class aeronautical and biomedical engineering university programs, will expand Redwire’s technology ecosystem with additional engineering labs and payload operations control center. Following its NYSE debut in September, Redwire recently announced plans to partner with Blue Origin, Sierra Space, Boeing and teammates to develop a commercial space station that will be outfitted with the company’s advanced manufacturing capabilities and focused on delivering important Earth benefits—now including bioprinting human tissue and organs for therapeutical applications. Redwire has continued its strong growth trajectory through strategic acquisitions as the company now owns over 25 commercially developed facilities that have flown, are in development or currently operating on the International Space Station. About Redwire Redwire Corporation (NYSE: RDW) is a leader in space infrastructure for the next generation space economy, with valuable IP for solar power generation and in-space 3D printing and manufacturing. With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to assist its customers in solving the complex challenges of future space missions. For more information, please visit www.redwirespace.com.