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Redwire Corporation shares rise 2.87% premarket after winning a multi-phase contract from DeepSat for VLEO satellite constellation.
ByAinvest
Wednesday, Jul 23, 2025 5:21 am ET1min read
Redwire Corporation rose 2.87% in premarket trading, driven by the announcement that it has been awarded the first phase of a multi-phase contract by DeepSat. This contract involves providing advanced modeling, simulation, and design services for a planned dual-use Very Low Earth Orbit (VLEO) satellite constellation. Redwire will leverage its Acorn 2.0 Agent-Based Modeling and Simulation (ABMS) software to support the architectural design and performance optimization of the DeepSat constellation.
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