Anybody investing into Redwire ? Was looking into the stock and might add it it the portfolio. Just curious on some of your guys thoughts .
They are positioned in a few different sectors
Space infrastructure
Defense Tech
Satellite systems
Revenue has grown about %50 year to year
They have been losing money/have burned cash in the past , however they are winning lots of contracts with about 500 million in backlogs.
They have recent contacts with MDA SHIELD, DARPA, ESA QKDSat the biggest being with MDA for 151 billion ceiling
Kind of see it as a high upside, mid volatility stock depending on if defense spending slows.
Might add a few shares to the portfolio and test the waters a bit. Appreciate any input