10 Best Under-the-Radar Stocks to Invest In

8. Redwire Corporation (NYSE:RDW)

Number of Hedge Fund Holders: 32

 Redwire Corporation (NYSE:RDW) is among the best under-the-radar stocks.

On June 30, Redwire Corporation (NYSE:RDW) announced it won a contract from a subsidiary of SemiLux International, Taiwan Color Optics, to supply its Penguin Mk2.5 VTOL Uncrewed Aerial System to the Taiwan Coast Guard. The deal is to help maritime security and defense planning.

Co-President and Chief Growth Officer of Redwire Defense Tech, Josh Stinson, said the aircraft has shown its capability in all-weather intelligence and reconnaissance missions while strengthening coastal monitoring.

On June 4, Redwire Corporation (NYSE:RDW) also secured a contract from Astrobiome Space to launch the inaugural mission of its commercial Greenhouse system aboard the International Space Station. The firm said the mission will grow wild strawberries using Astrobiome’s proprietary soil improvement product and advance space agriculture research.

Marc Dielissen, Executive Vice President of Redwire Europe, said the platform supports sustainable life support technologies and fresh food production for future long-duration space missions.

Redwire Corporation (NYSE:RDW) develops and provides space and defense technologies and mission-critical solutions for government, commercial, and civil customers.