Redwire Corp. (NYSE:RDW) is one of the 9 Stocks Crushing the Market With Surging Returns.
Redwire finished Thursday’s trading session sweet, soaring 15.09 percent to close at $21.43 after bagging a contract to grow strawberries in space.
In a statement, Redwire Corp. (NYSE:RDW) said that it was awarded by Astrobiome Space—a Luxembourg-based biotech company pioneering microbiome solutions for regenerative space agriculture—to grow strawberries and test proprietary soil enhancement product inside the Redwire Greenhouse systems while on board the International Space Station.
Photo from Redwire website
The test crops are expected to begin this month in preparation for the ISS flight.
Astrobiome Space’s biostimulant—developed from microbes adapted to the extreme space environments—will be used to grow the first wild strawberries ever cultivated in orbit. The product is expected to enhance the fruit’s natural resilience and nutrient density, including higher levels of vitamin C, potassium, flavonoids, polyphenols, and antioxidants, bringing orbital crops closer to the quality of wild-grown produce on Earth.
“With our Greenhouse platform, we are not only enabling fundamental research, but we are also demonstrating the practical cultivation of fresh food in space—including crops such as strawberries and fungi. These capabilities are essential as we prepare for long-duration missions and future habitats, while also generating valuable insights to improve agricultural practices here on Earth,” said Marc Dielissen, executive vice president for Redwire Corp.’s (NYSE:RDW) European operations.
The said contract marks the inaugural flight for Redwire Corp.’s (NYSE:RDW) trailblazing Greenhouse system—the world’s first commercial space greenhouse.
“The Redwire Greenhouse provides a simple, scalable commercial solution for customers seeking to advance crop science from benchtop laboratory facilities to true production in space. Along with supporting long-term NASA exploration plans, the Redwire Greenhouse will also provide unprecedented research opportunities for institutional and commercial customers with various plant science and industrial research goals,” Redwire Corp. (NYSE:RDW) said.
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