MIAMI (June 16, 2025) – Holland & Knight advised Redwire Corporation (NYSE: RDW), a global leader in aerospace and defense technology solutions, on its acquisition of Edge Autonomy Intermediate Holdings LLC and its subsidiaries for $925 million and the related acquisition financing. The strategic transaction was approved by Redwire stockholders and closed on June 13.
The transaction transforms Redwire into a scaled and profitable space and defense tech company focused on the convergence of integrated autonomous operations for defense and national security. The combined company is uniquely positioned to deliver innovative space and airborne platforms – two of the fastest-growing trends in defense technology.
Redwire's acquisition was financed, in part, with a $90 million loan from TCBI Securities Inc., d/b/a Texas Capital Securities, JPMorgan Chase Bank N.A., Bank of America N.A. and Truist Bank. Additionally, the Amended Merger Agreement provides that the $160 million of the cash consideration includes an unsecured promissory note in the principal amount of $100 million.
Headquartered in San Luis Obispo, California, Edge Autonomy is a leading provider of field-proven uncrewed airborne system (UAS) technology, advanced optics and resilient energy solutions to the U.S. Department of Defense, U.S. Federal Civilian Agencies, allied governments, academic institutions and commercial entities around the world.
Redwire, based in Jacksonville, Florida, is an integrated aerospace and defense company focused on advanced technologies. Redwire's approximately 1,300 employees located throughout the United States and Europe are committed to delivering innovative space and airborne platforms transforming the future of multi-domain operations.
Holland & Knight's representation of Redwire was led by Partners David Barkus, Ibrahim Barakat and Ira Rosner and Associates Travis Michaud, Gabrielle Engel and Jeremy Arnall (M&A); Partners Ivan Colao, Kimberly Thibault and Associate Elliott Beale Blue (Capital Markets); Partner John Dierking (Antitrust); and Partners Martin Seidel and Vanessa Lopez (Litigation). Partner Keith Sambur and Associates Anthony Gunnell and Cristina Salazar (Finance) handled the acquisition finance aspects of the transaction.
More information on the transaction can be found here.