Redwire

Our headquarters is located in Jacksonville, Florida, in proximity to major NASA and other space offices and operations. In North America we have five facilities in California, four facilities in Colorado, two facilities in Florida, Indiana, New Mexico, Michigan and Virginia, respectively, and one facility in Alabama, Massachusetts, Oregon and Ontario, respectively. In Europe, we have one facility in Latvia, Luxembourg, Poland, Ukraine and Belgium, respectively. Subsequent to December 31, 2025, we only have one facility in Indiana and Michigan, respectively. Each of these facilities is strategically located near major national security or civil space community facilities, key customer facilities, commercial space centers and/or prestigious engineering talent pools.

We believe that our properties are in good operating condition and believe the productive capacity of our properties is adequate to meet current contractual requirements and those for the foreseeable future. We may improve, replace or reduce facilities as considered appropriate to meet the needs of our operations. Our current facilities have supported the development of technology that is transforming the space industry, and the current footprint is sufficient to support near-term growth. However, as we continue to grow, we plan to continue and even accelerate the pace of leasehold improvements so that our facility capacity is not a limiting factor on our growth. Expansion and reconfiguration of our existing facilities are also being studied to support further growth and cost optimization in the future.

• Redwire Space S.a.r.l. Luxembourg⁸
• Redwire Space Sensors, Inc. Delaware⁸
• Redwire Space Solutions, LLC. Colorado⁸
• Redwire Space Technologies, Inc. Indiana⁸
• Redwire Space nv Belgium⁸
• Redwire Space, Inc. Delaware⁸
• Space Microgravity Development LLC (d/b/a SpaceMD) Texas⁸

• We may be unable to successfully integrate our operations with the acquired company, including Edge Autonomy, and realize the anticipated synergies and other benefits of the acquisition, or we may be unable to do so within the anticipated timeframe.
• We expect to incur substantial expenses related to our acquisition of Edge Autonomy, including with respect to integration.
• The market price of our common stock may decline as a result of the Edge Acquisition.
• The historical consolidated financial information of Edge Autonomy and the unaudited pro forma information included in our filings with the SEC may not be a reliable indicator of future results.
• Our ability to grow our business depends on the successful development and continued refinement of many of our proprietary technologies, products, and service offerings, which are subject to many uncertainties, some of which are beyond our control.
• Competition from existing or new companies could cause us to experience downward pressure on prices, fewer customer orders, reduced margins, the inability to take advantage of new business opportunities, and the loss of market share.
• A limited number of customers make up a high percentage of our revenue. If we cannot maintain these relationships, our future operating results will be adversely affected.
• We may become involved in litigation from time to time that may materially adversely affect us.
• Natural disasters, geopolitical conflicts, or other natural or man-made catastrophic events could disrupt and impact our business.
• Adverse publicity stemming from any incident or perceived risk involving us, our customers, users of our products and services, other operators in the space sector or our competitors could have a material adverse effect on our business, financial condition and results of operations.
• Our business involves significant risks and uncertainties that may not be covered by insurance or indemnity.
• If we fail to respond to commercial industry cycles in terms of our cost structure, manufacturing capacity, and/or personnel needs, our business could be seriously harmed.
• Our future growth depends on the demand for, and customers’ willingness to adopt, our core offerings, including UAS technology.
• Any delays in the development, design, engineering and manufacturing of our core offerings may adversely impact our business, financial condition and results of operations.
• We rely on a limited number of suppliers for certain raw materials and supplied components. We may not be able to obtain sufficient raw materials or supplied components to meet our manufacturing, design and operating needs, or obtain such materials on favorable terms or at all, which could impair our ability to fulfill our orders in a timely manner or increase our costs of design and production.
• Unsatisfactory performance of our core offerings could have a material adverse effect on our business, financial condition and results of operation.
• Our results of operations and cash flows are substantially affected by our mix of fixed-price, cost-plus and time-and-material type contracts. Our profits may decrease and/or we may incur significant unanticipated costs if we do not accurately estimate the costs of these engagements.
• Our cash flow and profitability could be reduced if expenditures are incurred prior to the final receipt of a contract.
• We may in the future invest significant resources in developing new offerings and exploring the application of our technologies for other uses and those opportunities may never materialize.
• We may not be able to convert our orders in backlog into revenue.
• We have and in the future may continue to use artificial intelligence in our business, and challenges with properly managing its use could result in reputational harm, competitive harm, and legal liability, and adversely affect our business, financial condition and results of operations.
• We are dependent on third-party launch vehicles to launch our spacecraft and customer payloads into space.
• We may experience a total loss of our technology and products and our customers’ payloads if there is an accident on launch or during the journey into space.
• Our operating results may fluctuate significantly, which makes our future operating results difficult to predict and could cause our operating results to fall below expectations or any guidance we may provide.
• Our margins and operating results may suffer if we experience unfavorable changes in the proportion of cost-plus-fee or fixed-price contracts in our total contract mix.
• Our systems, products, technologies and services and related equipment may have shorter useful lives than we anticipate.
• Cyber-attacks and other security threats and disruptions could have a material adverse effect on our business, financial condition and operating results.
• Our business, financial condition and results of operations are subject to risks resulting from broader geographic operations.
• Net earnings and net assets could be materially affected by an impairment of goodwill.
• The Company’s ability to use its net operating loss carryforwards and certain other tax attributes may be limited.
• Risks Related to Government Contracts
• We are subject to the requirements of the National Industrial Security Program Operating Manual (“NISPOM”) for our facility security clearance, which is a prerequisite to our ability to perform on classified contracts for the U.S. government.
• We depend heavily on contracts with the U.S. government for a substantial portion of our business. Changes in the U.S. government’s priorities, or delays or reductions in spending, could have a material adverse effect on our business.
• We depend significantly on U.S. government contracts, which often are only partially funded, subject to immediate termination, and heavily regulated and audited. The termination or failure to fund, or negative audit findings for, one or more of these contracts could have an adverse impact on our business, financial condition, results of operations and cash flows.
• Our work for the U.S. government and international governments may expose us to increased security risks.
• Disputes with our subcontractors or the inability of our subcontractors to perform, or our key suppliers to timely deliver our components, parts or services, could cause our core offerings to be produced or delivered in an untimely or unsatisfactory manner.
• Regulatory Risk Factors
• Investments in us may be subject to U.S. foreign investment regulations which may impose conditions on or limit certain investors’ ability to purchase our common stock, potentially making our common stock less attractive to investors. Our investments in U.S. companies may also be subject to U.S. foreign investment regulations.
• We are subject to trade control laws and regulations; including export controls and stringent U.S. economic sanctions, which could affect our ability to do business with certain customers. Unfavorable changes in these laws and regulations or U.S. government licensing policies, our failure to secure timely U.S. government authorizations under these laws and regulations, or our failure to comply with these laws and regulations could have a material adverse effect on our business, financial condition and results of operation.
• Our reputation and ability to do business may be impacted by the improper conduct of our employees, agents or business partners.
• Failure to comply with federal, state and foreign laws and regulations relating to privacy, data protection and consumer protection, or the expansion of current or the enactment of new laws or regulations relating to privacy, data protection and consumer protection, could adversely affect our business and our financial condition.
• We are subject to environmental regulation and may incur substantial costs.
• Changes in tax laws or regulations may increase tax uncertainty and adversely affect results of our operations and our effective tax rate.
• Certain U.S. state tax authorities may assert that we have a state nexus and seek to impose state and local income taxes, which could harm our results of operations.
• If we cannot successfully protect our intellectual property, our business could suffer.
• Our technology may violate the proprietary rights of third parties, which could have a negative impact on our operations.
• Risks Related to Financing and Ownership of our Securities
• We have a substantial amount of debt. Our ability to operate is limited by the agreements governing our debt.
• We may require substantial additional funding to finance our operations, but adequate additional financing may not be available when we need it, on acceptable terms or at all.
• The Edge Acquisition and the issuance and sale of shares of our Series A Convertible Preferred Stock has reduced the relative voting power of holders of our common stock and diluted the ownership of holders of our capital stock.
• Following completion of the Transactions, AEI holds a significant share of the voting power of the Company and will appoint a majority of the directors to our Board.
• AEI has significant influence over us, which could limit other investors’ ability to influence the outcome of key transactions.
• Provisions in our Certificate of Designation (the “Certificate of Designation”) may delay or prevent our acquisition by a third party, which could also reduce the market price of our capital stock.
• Our Convertible Preferred Stock has rights, preferences and privileges that are not held by, and are preferential to, the rights of holders of our other outstanding capital stock.
• There may be sales of a substantial amount of our common stock by our current shareholders, and these sales could cause the price of our common stock to fall.
• We have adopted a two-segment reporting structure. Our two-segments are designated as Space and Defense Tech and have been in effect for a limited period of time. This change to segment reporting could be confusing to investors and may not have the desired effects.
• We may not be able to remain in compliance with the continued listing requirements of the NYSE, and if the NYSE delists our common stock, it would have an adverse impact on the trading, liquidity and market price of our common stock.
• We may issue additional common stock or other equity securities which could dilute our shareholders’ ownership interests.
• A market for our common stock may not be sustained and the market price of our common stock and warrants has and may continue to fluctuate due to numerous circumstances beyond our control.
• We do not anticipate paying dividends on our common stock for the foreseeable future.
• We identified material weaknesses in internal control over financial reporting. Until we remediate these material weaknesses or if we identify additional material weaknesses, we may not be able to accurately and timely report our financial results, in which case our business may be harmed and investors may lose confidence in the accuracy and completeness of our financial reports.
• Material Weaknesses in Internal Control over Financial Reporting
• Material Weaknesses in Excluded Acquired Business
• Management’s Remediation Plans