From Yahoo Finance: 2025-05-23 01:18:00

Redwire Corporation (RDW) secures avionics technology contract for ESA’s NGGM satellites, part of the MAGIC Earth observation constellation with NASA. Four satellites will collect data on Earth’s gravitational field for water management applications. Redwire Space NV to design ICU for NGGM’s scientific instrument. President Mike Gold praises RDW’s expertise in avionics and control systems.

While RDW shows potential as an investment, some AI stocks may offer higher returns with less risk. For a promising AI stock with 100x upside potential, consider alternatives. Check out our report on the cheapest AI stock for more information. Discover more stock recommendations and rising stocks in our next articles. No disclosures.

Read more: Redwire Corporation (RDW) Awarded Critical Avionics Technology Contract for ESA’s NGGM Satellites