Redwire to provide modeling services for DeepSat’s satellite project

JACKSONVILLE, Fla. - Redwire Corporation (NYSE:RDW), a $2.48 billion aerospace technology company whose stock has surged over 150% in the past year, has secured the first phase of a multi-phase contract with Earth observation startup DeepSat to provide modeling, simulation and design services for a planned Very Low Earth Orbit (VLEO) satellite constellation, according to a press release statement.

Under the initial contract phase, Redwire will use its Acorn 2.0 Agent-Based Modeling and Simulation software to support the architectural design and performance optimization of DeepSat’s constellation. The software will help evaluate system behavior, mission utility and operational scenarios. According to InvestingPro data, analysts maintain a bullish outlook on Redwire, with expectations of both sales and net income growth in the current year.

DeepSat’s planned VLEO satellite constellation aims to combine high revisit rates with in-orbit artificial intelligence for sensor fusion capabilities. The platform is being designed to provide Earth intelligence for missions including vessel detection, energy infrastructure monitoring and disaster assessment.

"Redwire is proud to support DeepSat in the development of their innovative constellation, which will deliver cutting-edge space technologies that enhance Earth intelligence," said Tom Campbell, President of Redwire Space Missions.

Nerses Ohanyan, Co-Founder and CEO of DeepSat, stated that the collaboration "accelerates our ability to deliver a new layer of real-time Earth intelligence, built on proven digital engineering."

The financial terms of the contract were not disclosed in the announcement.

Redwire, with approximately 1,300 employees across the United States and Europe, specializes in aerospace and defense technology solutions. DeepSat is focused on developing satellite technology for Earth observation applications. With Redwire’s next earnings report scheduled for August 6, 2025, investors can access comprehensive analysis and 12 additional ProTips through InvestingPro’s detailed research reports, available for over 1,400 US stocks.

In other recent news, Redwire Corporation has signed a memorandum of understanding with Japan’s SpaceData Inc. to enhance their digital space solutions. This partnership aims to integrate SpaceData into Redwire’s digital ecosystem for various space missions, including those related to NASA’s projects and lunar explorations. Additionally, Redwire has made significant changes to its board of directors by appointing Michael Greene and Ray Wallander, filling vacancies left by the resignations of Les Daniels and Michael Bevacqua. These appointments are linked to previous investment agreements involving several stakeholders.

In another development, Redwire’s subsidiary, Edge Autonomy, showcased its Stalker unmanned aerial system at a U.S. Army event, demonstrating its capabilities for military applications. Analyst firms have also weighed in on Redwire’s prospects, with Cantor Fitzgerald maintaining an Overweight rating and a $28 price target, while Canaccord Genuity reiterated a Buy rating with a $20 target. Both firms highlight Redwire’s technological capabilities, particularly in drone technology and unmanned aerial systems. These recent developments reflect Redwire’s ongoing efforts to expand its technological reach and strengthen its leadership.

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