Markets.News
Redwire Corp, listed on NYSE under RDW, saw its stock rise after announcing a significant deal with European aerospace company The Exploration Company (TEC). The deal involves Redwire providing two IDSS-compliant docking systems for TEC's Nyx spacecraft. Under this agreement, Redwire's IBDM will facilitate autonomous rendezvous and docking, aiding Europe's efforts in achieving independent space access. The company recently secured a $44 million defense contract as well, showcasing its growth in the industry. For more information, visit Benzinga.com.