Global Space Infrastructure Leader Redwire to Build State-of-the-Art Microgravity Payload Development and Space Operations Facility in Floyd County, IN
July 11 2023 - 10:00AM
Business Wire
Redwire Corporation (NYSE: RDW), a leader in space
infrastructure for the next generation space economy, announced
today it plans to open a new state-of-the-art microgravity payload
development facility with a mission operations center at the
Novaparke Innovation & Technology Campus in Floyd County,
Indiana, as the company looks to increase production of critical
technologies enabling human spaceflight missions and commercial
microgravity research and development in low-Earth orbit (LEO).
The new 30,000 square foot facility will support increased
demand from commercial companies and academic researchers focused
on improving pharmaceutical drug development, optimizing disease
treatments, and enabling technologies essential for sustainable
human spaceflight in LEO and beyond. Construction is expected to
begin in the fourth quarter of this year.
“Redwire’s continued investment in Indiana is a testament to our
shared commitment to building a robust economy of the future,” said
David Watkins, senior vice president of small business and
entrepreneurship at the Indiana Economic Development Corporation
(IEDC). “These new high-wage, high-skill careers will provide
greater opportunities for residents of Floyd County and help
further position Indiana as a leader in innovation.”
“We are building capacity as we pioneer consequential in-space
manufacturing and microgravity research capabilities, such as
bioprinting, in low-Earth orbit, with life-saving benefits on and
off our home planet,” said John Vellinger, Redwire Executive Vice
President. “As we leverage strategic investments to scale in-space
manufacturing in LEO, it will directly impact the sustainability of
future human spaceflight and deliver optimized products for
Earth-based industries. The new facility will help accelerate the
development of our growing portfolio of new microgravity research
technologies, such as biomedical research payloads, as we continue
to serve our research and deep space exploration customers.”
“Redwire is exactly the kind of world-class, innovative company
we had in mind when the vision for Novaparke was first conceived,”
said Bob Woosley, President of the Floyd County Redevelopment
Commission. “We look forward to seeing what new breakthrough
technologies will be developed here for the benefit of all and are
excited for the outstanding career opportunities this presents for
the next generation of scientists, engineers and professionals here
in Floyd County.”
About Redwire
Redwire Corporation (NYSE: RDW) is a global leader in mission
critical space solutions and high reliability components for the
next generation space economy, with valuable intellectual property
for solar power generation, in-space 3D printing and manufacturing,
avionics, critical components, sensors, digital engineering and
space-based biotechnology. We combine decades of flight heritage
with an agile and innovative culture. Our “Heritage plus
Innovation” strategy enables us to combine proven performance with
new, innovative capabilities to provide our customers with the
building blocks for the present and future of space infrastructure.
For more information, please visit redwirespace.com.
About Novaparke
The $10 million Novaparke Innovation & Technology Campus is
an entrepreneurial and innovation hub with a focus on aerospace,
biotechnology, software design and other leading-edge industries.
The campus offers fourteen lots for development and combines
greenspace with sustainable approaches and design that preserves
some of the historic nature of the site. As a magnet for innovative
companies, Novaparke is designed to bolster the local economy and
cultivate emerging technologies while providing excellent career
opportunities for young professionals in Floyd County.
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version on businesswire.com: https://www.businesswire.com/news/home/20230711080746/en/
Don Lopp Floyd County dlopp@floydcounty.in.gov 812-948-4110
Tere Riley Redwire Corporation Tere.Riley@redwirespace.com
321-831-0134
Investors Redwire Corporation investorrelations@redwirespace.com
904-425-1431
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