Redwire shares are trading higher after the company announced it will develop and deliver Roll-Out Solar Array wings for Thales Alenia Space's Space Inspire satellites.
Portfolio Pulse from Benzinga Newsdesk
Redwire shares are trading higher after the company announced it will develop and deliver Roll-Out Solar Array wings for Thales Alenia Space's Space Inspire satellites.
June 10, 2024 | 3:53 pm
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Redwire shares are trading higher following the announcement that the company will develop and deliver Roll-Out Solar Array wings for Thales Alenia Space's Space Inspire satellites.
The announcement of a new contract with Thales Alenia Space is a positive development for Redwire, indicating potential revenue growth and strengthening its position in the space technology sector. This news has led to an immediate positive reaction in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100