Redwire’s 2021 revenue and 2022 guidance miss pre-IPO forecast; co. maintains focus on acquisitions

by Peter B. de Selding

PARIS — Redwire Corp., which concluded a SPAC-enabled stock-market introduction in September, grew revenue 17.6% in 2020 but fell substantially short of its pre-IPO forecast and said it would not meet its 2022 guidance either.

Florida-based Redwire was formed as an assembly of space hardware and service companies, pitching itself as a proxy for the growth of the overall space industry. It promised investors that growth would come both organically and through more mergers and acquisitions: https://bit.ly/2QIOGfN

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