Redwire supported recovery of PROBA-3 Coronagraph satellite
After an anomaly in February 2026, the satellite was fully recovered by April with no permanent damage.
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Space and defense technology company
rdw.comLast updated
In short: Redwire reported a 57% revenue surge and a record $498.1M backlog, while expanding its defense and space infrastructure footprint throughout 2026.
After an anomaly in February 2026, the satellite was fully recovered by April with no permanent damage.
The multi-year contract from a NATO ally emphasizes modularity and rapid adaptability in electronic warfare conditions.
Revenue grew 57% with higher margins and $498.1M contracted backlog across key programs.
Revenue rose 57.9% to $97.0 million, and backlog hit a record $498.1 million.
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