Redwire Corp is trading 16% up at $21.59 after securing a high-profile commercial space agriculture mission on the International Space Station.
- The contract, awarded by Astrobiome Space, will utilize Redwire’s Greenhouse system to grow wild strawberries in orbit.
- The mission refocuses investor attention on Redwire’s commercial space infrastructure pipeline and long-term growth potential.
- This rally follows a period of volatility and a Jefferies downgrade on June 3, signaling a shift in market sentiment.