Redwire completed the acquisition of QinetiQ Space.

Redwire, a company in critical space infrastructure for the next generation space economy, completed the acquisition of QinetiQ Space, a Belgium-based commercial space business. Financial terms were not disclosed. “We are thrilled to complete our acquisition of Space NV and close this important financing with Bain Capital and AEI. This is another step toward demonstrating that Redwire is a pure play public space platform that can effectively scale through organic and inorganic growth to achieve operating leverage for the business. Space NV adds significant flight heritage, innovation, profitable topline growth, broader access to addressable markets and a significant backlog. The addition of Space NV and the growth capital from Bain Capital and AEI leave us well positioned for the future,” Peter Cannito, Redwire Chairman and CEO.