💨 Abstract

Space infrastructure firm Redwire Corp has agreed to acquire Edge Autonomy for $925 million in a cash-and-stock deal. The merger aims to create a defense tech company with a broader portfolio of space and combat-proven autonomous airborne platforms. The deal is expected to be accretive to Redwire's revenue and core profit, and close in Q2, subject to approvals.

Courtesy: theprint.in

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