Nathan O’Konek
On March 27, 2024 , Nathan O’Konek, Executive Vice President, General Counsel and Secretary of Redwire Corporation (the “Company”) informed the Company’s Board of Directors of his resignation, effective on or around April 26, 2024.
Highest-materiality recent filing
Redwire Q2 revenue $117.1M (+89.6% YoY), gross margin 27.8%, backlog record $542.1M
Revenue $117.1M, up 89.6% YoY; gross margin 27.8% vs (30.9)% in Q2 2025.
Redwire increases revolver to $50M, prepays $40M term loan
Revolving credit facility commitments raised from $30M to $50M via First Amendment.
Redwire obtains preliminary court approval for derivative suit settlement; final hearing July 30
Court preliminarily approved settlement of shareholder derivative actions alleging fiduciary breaches and false statements; final approval hearing set for July 30, 2026.
Redwire enters $500M at-the-market equity distribution agreement; terminates prior May 2026 ATM
Equity Distribution Agreement allows sale of up to $500M in common stock via agents including Truist, J.P. Morgan, BofA, and others.
AE Industrial Partners converted all 46,505.13 shares of Series A Convertible Preferred Stock into 15,247,586 common shares.
Redwire Q1 revenue up 58% to $97M, net loss $(76.5)M on non-recurring charge; backlog record $498M
Revenue $97.0M (+57.9% YoY); gross margin improved to 26.6%.
Redwire pro forma 2025 revenue $422M, net loss $259M; Edge Autonomy acquisition impact
Pro forma revenue $422.2M vs Redwire standalone $335.4M; includes full-year Edge Autonomy results.
Redwire reports FY2025 revenue $335.4M, record backlog $411.2M; guides FY2026 $450-500M
FY2025 revenue $335.4M (+10.3% YoY); Q4 revenue $108.8M (+56.4% YoY).
Redwire reports FY2025 revenue $335.4M (+10%), net loss widens to $226.6M; guides FY2026 $450-500M
Revenue $335.4M (+10.3% YoY); Q4 revenue $108.8M (+56.4% YoY). Book-to-bill 1.32; record backlog $411.2M.
Pro forma combined revenue for FY2024: $499.1M; net loss available to common: $163.0M ($1.41/share).
Redwire enters $250M at-the-market equity distribution agreement
Agreement with Truist Securities, J.P. Morgan, BofA Securities, and Texas Capital Securities.
Redwire Q3 revenue +50.7% YoY to $103.4M, net loss widens to $41.2M
Revenue $103.4M vs $68.6M YoY; net loss $(41.2)M vs $(21.0)M.
Bain Capital converts 31,719 Series A preferred shares into 11M common shares of Redwire
On Sept 15, 2025, Bain Capital converted 31,719.43 Series A Convertible Preferred shares into 11,000,000 common shares at $3.05 conversion price.
Redwire Q2 net loss widens to $(97.0)M; revenue falls 21% YoY; Edge Autonomy closed
Revenue $61.8M, down 20.9% YoY from $78.1M; net loss $(97.0)M vs $(18.1)M in Q2 2024.
Sold 15.525M shares for ~$260M; underwriters have 30-day option for additional 2.33M shares.
Redwire completes $925M acquisition of Edge Autonomy; issues 49.8M shares and $100M seller note
Total merger consideration of $925M: $160M cash (incl. seller note) and $765M in RDW stock at $15.07/share.
Redwire amends Edge Autonomy merger: $925M deal, adds $100M promissory note at 15-18%
Amendment increases cash consideration to $160M (incl. $100M promissory note) from $150M; stock portion reduced to $765M.
Redwire Q1 rev $61.4M (-30% YoY); net loss $(2.9)M; guides FY25 combined rev $535-605M
Revenue $61.4M, down 30.1% YoY; net loss $(2.9)M vs $(8.1)M YoY.
Redwire obtains regulatory approval for Edge Autonomy acquisition; closing Q2 2025
Received regulatory approval for Edge Autonomy acquisition; expected to close in Q2 2025.
Redwire on track to close Edge Autonomy acquisition in Q2 2025; regulatory hurdles cleared
Redwire cleared U.S. HSR and UK/Latvia regulatory approvals for Edge Autonomy deal.
Redwire files Edge Autonomy audited 2024 financials; revenue $195M, net income $15.8M
Edge Autonomy 2024 revenue $195.0M (2023: $151.6M; 2022: $49.2M); net income $15.8M (2023: $21.8M).
Redwire completes warrant redemption; 7.2M exercised for ~$82.9M
As of March 24, 2025, 7,205,399 warrants exercised at $11.50/share, yielding ~$82.9M proceeds to company.
Redwire receives all regulatory approvals for Edge Autonomy acquisition
Regulatory approvals: HSR Act in US, foreign investment reviews in Latvia, Canada, and UK.
Redwire presents at Roth Conference; reiterates Edge Autonomy Q2 close, defense growth focus
CFO presented at Roth Conference; reaffirmed Edge Autonomy acquisition expected to close Q2 2025.
Redwire to acquire Edge Autonomy; combined 2025 rev guidance $535M-$605M
2025 combined revenue forecast $535M-$605M; EBITDA $70M-$105M (margins >15%).
Revenue $304.1M, +24.7% YoY; Q4 revenue $69.6M, +9.6% YoY.
Redwire Forces Redemption of Public Warrants at $0.01; Exercise by March 24
Redemption price $0.01 per warrant; holders may exercise at $11.50/share until 5:00 PM ET on March 24, 2025.
Redwire provides Edge Autonomy Ukraine revenue detail, reaffirms $925M deal close in Q2
Edge Autonomy's Ukraine-sourced revenue (direct/indirect) was less than 30% of total for LTM Sept 30, 2024.
Redwire to acquire Edge Autonomy for $925M; $150M cash + $775M stock
Purchase price $925M: $150M in cash and $775M in RDW common shares at $15.07/share.
Redwire signs agreement to acquire Edge Autonomy, expanding multi-domain mission capabilities
Redwire enters into definitive agreement to acquire Edge Autonomy, a provider of autonomous drones and related systems.
Redwire Q3 revenue $68.6M (+9.6% YoY); net loss $(21.0)M includes $8M litigation charge
Net loss widened to $(21.0)M from $(6.3)M YoY, including an $8.0M loss contingency for Lemen v. Redwire securities lawsuit.
Redwire to acquire Hera Systems; raises FY2024 revenue guidance to $310M
Acquires Hera Systems, a spacecraft developer for national security missions; expected close in Q3 2024.
Redwire Q2 revenue up 30% to $78.1M; net loss widens to $18.1M, adjusted EBITDA $1.6M
Revenue $78.1M (+30% YoY); Net Loss $(18.1)M vs $(5.5)M YoY due partly to $9.0M non-cash warrant liability loss.
Redwire Q1 revenue jumps 52.4% to $87.8M; affirms FY2024 revenue forecast of $300M
Revenue $87.8M (up 52.4% YoY); net loss $(8.1)M, slightly wider than $(7.3)M in Q1 2023.
On March 27, 2024 , Nathan O’Konek, Executive Vice President, General Counsel and Secretary of Redwire Corporation (the “Company”) informed the Company’s Board of Directors of his resignation, effective on or around April 26, 2024.
Effective as of January 2, 2024 , the board of directors ("Board") of Redwire Corporation (the "Company") increased the size of the Board to nine (9) directors and appointed Joanne Isham to fill the vacancy on the Board resulting from the increased Board size.
On December 2, 2022, Michael J. Bevacqua was appointed to the board of directors (the “Board”) of Redwire Corporation (the “Company”) effective immediately.
On November 20, 2022, Redwire Corporation (the “Company”) and Andrew Rush, current President and Chief Operating Officer of the Company, mutually agreed that Mr. Rush’s employment with the Company would terminate, effective December 9, 2022.
The role of president will be assumed by Peter Cannito, the current Chairman and Chief Executive Officer of the Company.
On November 20, 2022, Redwire Corporation (the “Company”) and Andrew Rush, current President and Chief Operating Officer of the Company, mutually agreed that Mr. Rush’s employment with the Company would terminate, effective December 9, 2022.
The role of president will be assumed by Peter Cannito, the current Chairman and Chief Executive Officer of the Company.
On October 4, 2022, Joanne Isham informed the Board of Directors (“Board”) of Redwire Corporation (the “Company”) of her resignation, effective October 6, 2022.
Effective August 25, 2022, Chris Edmunds was appointed Senior Vice President and Chief Accounting Officer of Redwire Corporation
The Company also announced that Jonathan E. Baliff, currently a member of the Company’s board of directors (“Board”), will assume the role of Chief Financial Officer of the Company as of the Effective Date.
On June 1, 2022, Redwire Corporation (the “Company”) announced that William Read, Chief Financial Officer, plans to step down from the position of Chief Financial Officer effective as of June 1, 2022 (the “Effective Date”) and his employment with the Company ended as of the Effective Date.
Max materiality 0.90 · Median 0.65 · Most common event m_and_a