Redwire Q1 2025 Updates and News for The Annual Shareholders Meeting
Court: M.D. Florida
Case: 3:21-cv-01254
Redwire ( RDW ) held its Annual shareholders meeting a few weeks ago, at which it, among other things, chose new directors. They also recently presented their Q1 earnings.
On the bright side, they beat EPS expectations with a loss of -$0.09 vs the projected -$0.24. That said, revenue was $61.39M, but the expected was a little bit higher (closer to $75M). Still, they boosted liquidity by 39%, now sitting on $89.2M, which gives them solid breathing room moving forward.
They also announced several new contracts and partnerships, expanding further into the space and defense world.
Notably, they secured a deal with Thales Alenia Space for a lunar docking mechanism, plus a new NASA award tied to their pharma research payload tech (PIL‑BOX).
Their global footprint is growing too—they opened a new office in Poland to support ESA-related projects. And, the Edge Autonomy acquisition, which had been pending, was finally completed in June.
Lastly, the guidance remains unchanged despite the rocky market. They’re still aiming for $535–$605M in revenue and $70–$105M in adjusted EBITDA for the year.
In other news, the company is still accepting claims in the $8M settlement over hiding accounting irregularities at its subsidiary, LoadPath. So, if you invested back then, you can check the details and file a claim here.