Redwire Shares Rise After Contract to Grow Strawberries in Space

Dow Jones06-04 22:09

By Chris Wack

Redwire shares were 11% higher, at $20.75, after the company said it has been awarded a contract from Astrobiome Space, a Luxembourg-based biotech company.

The technology company said the contract is to grow strawberries and test Astrobiome Space's proprietary soil enhancement product inside Redwire's Greenhouse systems on board the International Space Station.

Redwire said the award marks the inaugural flight for its Greenhouse system, a commercial space greenhouse.

For the mission, Astrobiome Space's biostimulant will be used to grow the first wild-strawberries ever cultivated in orbit. Astrobiome Space will begin growing test crops in the Greenhouse system on Earth in June, in preparation for the ISS flight.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

June 04, 2026 10:09 ET (14:09 GMT)

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