Strong Revenue Growth
Redwire achieved a 25% revenue growth in 2024, with record annual revenue of $304.1 million, a 24.7% increase year-over-year.
Increased Production Capacity
Redwire scaled production capabilities significantly, increasing the number of ROSA arrays under contract by 23.8% year over year.
Expansion of Global Footprint
Redwire expanded its global presence by adding three new facilities, two in California and one in Poland.
Significant Increase in Proposals
Redwire submitted approximately $4.1 billion in proposals during 2024, representing a 334.3% increase over the previous year.
Successful Launches and Product Deliveries
Redwire launched over 70 products and solutions across 15 launches in 2024, contributing to a diversified revenue stream.
Positive Cash Flow and Liquidity
Redwire reported a positive cash flow from operations totaling $7.1 million in Q4 2024, with total liquidity of $64.1 million by year-end.