Redwire warns of volatility in commercial space markets

by Jeff Foust — May 14, 2022 Redwire uses its earnings call to discuss work like the iROSA solar arrays (right) being installed on the International Space Station, while cautioning that volatility in commercial space markets could affect growth. Credit: NASA WASHINGTON — Space technology company Redwire said that while it still sees the commercial sector as its biggest prospect for long-term growth, volatility among its customers may cause delays. Redwire, which went public through a SPAC merger last year, reported revenue of $32.9 million in its first quarter earnings release May 12. The company had a net loss of
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