Public

Redwire Corporation agreed to pay $8M to settle claims that it misled $RDW investors about accounting issues and weak financial controls.

Redwire Corp

Stipulative Settlement

Misleading Statements

Financial Misrepresentation

Failure to Disclose

Directors

Management

Redwire Corporation (RDW) $8M Investor Settlement

redwire-investors-settlement

Stocks

Long

Redwire Corporation provides critical space solutions and space infrastructure for government and commercial customers in the United States, Europe, and internationally. The company provides avionics and sensors including star trackers, sun sensors, critical for navigation, and control of spacecraft; camera systems; solar array solutions for spacecraft spanning the spectrum of size, power needs, and orbital location; and strain composite booms, coilable booms, truss structures, telescope baffles, and deployable booms to position sensors or solar arrays away from the spacecraft. It offers software suite that enables digital engineering and generation of high-fidelity, interactive modeling and simulations of individual components, entire spacecraft, and full constellations in a cloud-based environment. In addition, the company microgravity payloads, radio frequency systems, antennas, star trackers, platforms, and in-space manufacturing and biotech facilities. Redwire Corporation is headquartered in Jacksonville, Florida.