tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Redwire completes acquisition of Hera Systems

Redwire announced that it has completed its previously announced acquisition of Hera Systems, a spacecraft development company with expertise in specialized missions for national security space customers. The acquisition of Hera Systems expands Redwire’s spacecraft portfolio to support specialized national security space missions in geostationary orbit, GEO. “The acquisition of Hera Systems is an exciting and important milestone in Redwire’s growth strategy as we move up the value chain within the national security space sector,” said Peter Cannito, Chairman and CEO of Redwire. “Our expanded spacecraft portfolio enables us to offer our customers mission-critical capabilities in GEO, an increasingly important domain within today’s national security space architectures. We look forward to bringing together our highly complementary solutions as we continue to deliver for our national security customers and advance our goal of becoming a leading provider for proliferated GEO constellations.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1