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 Redwire Completes Acquisition Of Qinetiq Space Nv And $80 Million Financing From Bain Capital And Ae Industrial Partners

PUBLIC · RDWNov 01, 2022

Acquiring Company

Redwire Corporation

Acquired Company

QinetiQ Space NV

JacksonvilleOtherManufacturingAgriculture and FarmingSoftwareScience And EngineeringSecurityAerospaceSatellite CommunicationAviation & Aerospace

Description

Redwire Corporation (NYSE: RDW), a leader in critical space infrastructure for the next generation space economy, announced today that the Company has completed its previously announced acquisition of Belgium-based commercial space business, QinetiQ Space NV (“Space NV”). The Company also announced today that Bain Capital and AE Industrial Partners (“AEI”) together will make an investment of $80 million in the form of equity-linked securities that will be used to finance the Space NV acquisition and to support Redwire’s growth initiatives.

Quick answer

Redwire Corporation is acquiring QinetiQ Space NV for $80 million, announced November 1, 2022. Redwire Corporation is based in Jacksonville, Florida, United States.

How much did Redwire Corporation pay for QinetiQ Space NV?
The reported deal value is $80 million.
What does Redwire Corporation do?
Redwire Corporation is a global space infrastructure and innovation company enabling civil, commercial, and national security programs.
Where are Redwire Corporation and QinetiQ Space NV based?
Redwire Corporation is based in Jacksonville, Florida, United States.
Who are the decision-makers at Redwire Corporation?
Fundz holds 3 contacts at Redwire Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Redwire Corporation

Location

8226 Philips Hwy

Jacksonville, Florida, United States

About

Redwire Corporation is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire’s capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. With approximately 700 employees working from 14 facilities in the United States and Europe, Redwire is committed to building a bold future in space for humanity and creating a better world on Earth.

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Frequently asked

Who acquired QinetiQ Space NV?

QinetiQ Space NV was acquired by Redwire Corporation, based in Jacksonville. The deal was reported on November 1, 2022. Redwire Corporation is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire Corporation is publicly traded (RDW) and operates in Other.

When did Redwire Corporation acquire QinetiQ Space NV?

Redwire Corporation's acquisition of QinetiQ Space NV was reported on November 1, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does QinetiQ Space NV do?

QinetiQ Space NV is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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