Redwire has secured all required regulatory approvals to close its acquisition of Edge Autonomy.
The space infrastructure company said Friday the regulatory clearances include the completion of the U.S. antitrust review under the Hart-Scott-Rodino Act and foreign investment reviews in Canada, Latvia and the U.K.
In January, Redwire struck a $925 million cash-and-stock deal for Edge Autonomy to advance its plans of creating a multidomain space and defense technology company.
The transaction, which is expected to conclude in the second quarter of 2025, will enable Redwire to expand its portfolio of mission-critical space platforms, including combat-proven autonomous airborne systems.
“We are excited to reach this key milestone as we remain on track to complete this acquisition on our disclosed timeline,” said Peter Cannito, chairman and CEO of Redwire.
The deal is still subject to Redwire stockholders’ approval and other customary closing conditions.
Redwire said it will file a proxy statement with the Securities and Exchange Commission for a special meeting of its stockholders.
What Does Redwire Do?
Redwire is a portfolio company of AE Industrial Partners and is focused on providing space infrastructure and innovative platforms for national security, civil and commercial programs.
The Jacksonville, Florida-based company has approximately 750 employees across 17 facilities in the U.S. and Europe. Its capabilities include avionics, power solutions, sensors, critical structures, radio frequency systems, mechanisms, platforms and microgravity payloads.
