Plans are in motion to establish data centers in space, with Redwire potentially getting involved. Blue Origin and SpaceX are key players. Redwire stock surged 14% on news of these partnerships. Blue Origin is developing AI-supporting data centers, while SpaceX plans to use advanced Starlink satellites for AI hardware.

Alphabet and Planet Labs aim to launch AI satellites in 2027, housing specialized processors. Redwire, known for space services and equipment, has ties to Blue Origin and SpaceX, giving it potential to join their space data center plans, making it a promising stock to watch.

The Motley Fool Stock Advisor team identified the top 10 stocks to buy, with Redwire not making the cut. Past recommendations like Netflix and Nvidia saw significant returns. Stock Advisor boasts a 972% average return, outperforming the S&P 500. Don’t miss out on the latest top 10 list for potential investment opportunities.

Read more at Yahoo Finance: Why Redwire Stock Was Blasting Higher This Week