Redwire Corp. (RDW) saw its stock price soar 5.06% during intraday trading on Wednesday, following announcements regarding significant contract wins for NASA's Artemis missions.
The space infrastructure company announced that it has won contracts from Lockheed Martin to produce and test the Orion Camera System for NASA Artemis missions I through V, including the upcoming Artemis II mission. The work covers 11 internal and external inspection and navigation cameras for the Orion spacecraft.
Additionally, Redwire confirmed that its advanced optical imaging and sun sensor technology will launch on board the Orion spacecraft as part of NASA's Artemis II mission. The company also secured a contract with Airbus to supply four redundant Coarse Sun Sensor assemblies for the Orion European Service Module.
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