Thoughts on Redwire (RDW) compared to other space stocks
Thoughts on Redwire (RDW) compared to other space stocks
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Redwire is an interesting one to watch. I like that its business goes beyond rocket launches, but the real test is whether it can turn that backlog into consistent revenue growth and move closer to profitability.
It is nice to see a space company focusing on infrastructure rather than just launching rockets. Redwire seems like a much cheaper way to get exposure to the industry.
Redwire’s lower valuation and improving gross profit make it an interesting space alternative, but execution on that 42% growth forecast will be key.
Building solar arrays and docking systems sounds like a more stable business model than chasing launch contracts. Let us see if Redwire can maintain this momentum.