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Set to go public in a week, Redwire sets up digital engineering lab


Redwire
Redwire
Redwire

Jacksonville-based space company Redwire has opened a digital engineering facility where government agencies and contractors working on projects for them can prototype and test products.

Called the Hyperion Operational Space Simulation Laboratory, the facility is a virtual space built upon the work done at Oakman Aerospace, which Redwire acquired earlier this year.

"Digital engineering is a key area of growth for Redwire's strong portfolio of space infrastructure solutions, and we are well positioned to be a market leader through this significant internal investment in creating an unparalleled development environment designed to improve agility, lower technical risk and reduce cost for our customers," Redwire CEO Peter Cannito said in a release. "HOSS provides the industry with a unique environment to prove out concepts, conduct rapid prototyping and de-risk complex systems using the best digital engineering has to offer."

The digital space lets users combine components and test upgrades before deploying them. In a conversation with SpaceNews, Executive Vice President of National Security Space Dean Bellamy said the facility could be used for things like developing new satellite designs and test hardware before buying it.

“It brings in the entire architecture so it can be visualized,” Bellamy told the publication.

Redwire is set to go public on Sept. 1 through a merger with special purpose acquisition company Genesis Park Acquisition Corp., after which it will trade on the New York Stock Exchange under the ticker RDW.

Earlier this month, Genesis said that Redwire had $36 million in revenue in the first quarter of 2021, with $280 million of work under contract, awards in negotiation and additional scope to complete existing contracts. Another $220 million in bids have been submitted and are awaiting decision.


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