Redwire Soars 26% With 140% May Rally, Lands $15M Army Contract
RDW•Redwire shares surged 26% after SpaceX’s S-1 filing ignited a space sector rally, driving the stock up nearly 140% in May, its best month ever. The company also delivered a robotic lunar arm to ESA and secured a $15 million Army UAV contract plus a high eight-figure NATO drone deal.
1. Sector Rally Sparks 26% Gain
Redwire shares closed up 26% on Tuesday, driven by a space sector rally triggered by SpaceX’s S-1 prospectus filing as investors flocked to companies tied to lunar missions and satellite infrastructure.
2. Best Month Ever Recorded
The one-day surge has lifted RDW’s May gain to nearly 140%, marking the company’s strongest monthly performance since its public listing.
3. ESA Lunar Robotics Delivery
Last week the company announced successful testing and delivery of its MANUS robotic lunar arm prototype for ESA’s Argonaut lunar lander, designed to manage cargo on lunar missions.
4. Major Defense Contracts Secured
Redwire secured a $15 million follow-on order from the U.S. Army for its Stalker unmanned aerial system and a separate high eight-figure multi-year deal from a NATO ally for its Penguin Mk3 drone platform.
