Redwire to acquire Hera Systems; raises FY2024 revenue guidance to $310M

Redwire Corp

Acquires Hera Systems, a spacecraft developer for national security missions; expected close in Q3 2024.
Hera Systems reported $15M revenue for 2023; Redwire financing with balance sheet liquidity.
FY2024 revenue guidance increased by $10M, from $300M to $310M, reflecting the acquisition.
Hera's GEO platform complements Redwire's existing VLEO offerings for national security customers.

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