🟢 Redwire is trading 4.3% up today on Huntsville expansion to scale UAS and space production

Redwire is trading at $8.81 (+4.32%) after announcing a major expansion in Huntsville to scale production of combat-proven UAS and mission-critical space infrastructure.

• The project adds 164,000 square feet of facility space and is expected to create approximately 150 jobs, reinforcing the company's aerospace and defense growth story.
• The expansion is designed to meet increasing demand for mission-critical space hardware and advanced drone technology.
• Positive broader market sentiment is also providing a tailwind, with tech stocks and the Nasdaq trading higher.