Redwire Chairman and CEO Nominated for Prestigious Satellite Executive of the Year Award
19 Fevereiro 2025 - 9:30AM
Business Wire
The satellite and space communities can vote to help Peter
Cannito win the industry’s most prestigious annual award, The
Satellite Executive of the Year.
Redwire Corporation (NYSE: RDW), a leader in space
infrastructure for the next generation space economy, announced
today that Redwire Chairman and CEO Peter Cannito has been
nominated for the most prestigious award in the satellite industry,
Via Satellite’s 2024 Satellite Executive of the Year Award. The
nominees were chosen based on their contributions to the global
satellite markets, technologies, business practices, services,
innovations, advocacy, or any combination of the
aforementioned.
Over the past four years, Cannito has successfully executed a
growth strategy that transformed Redwire into a trusted supplier
for the space industry and is now poised to be a global leader for
multi-domain defense technology. Under his leadership, Redwire
successfully integrated ten acquisitions through the end of FY2024
spurring Redwire to move up the value chain in national security
space and broaden its position into the defense market.
Further, during 2024, Redwire’s share price grew by 477.5%, from
$2.85 on December 29, 2023 (the last trading day of 2023) to $16.46
on December 31, 2024, significantly outperforming both the S&P
500 and Russell 2000 indices. At the same time, Redwire showed
robust top line performance, with revenue for the nine months ended
September 30, 2024 reaching $234.5 million, a 30.1% year-over-year
improvement, while also achieving positive Adjusted EBITDA in each
of the last 7 quarters through the third quarter of 2024.
In 2024, Redwire’s technology supported numerous civil,
commercial and national security missions including NASA’s PACE
mission, the European Space Agency’s PROBA-3 and Hera missions, and
Maxar’s Ovzon 3 satellite. Additionally, the company announced
important contracts with Thales Alenia Space, DARPA, and Blue
Origin. Redwire is also supporting the future of space
commercialization, with its biotechnology onboard the International
Space Station (ISS), including bioprinting the first live human
heart tissue.
The winner of the 2024 Satellite Executive of the Year will be
determined by a combination of the Via Satellite editorial team and
votes that come directly from industry. The public can vote for
Peter Cannito online.
"It is an honor to be nominated for this prestigious award
alongside an esteemed list of industry leaders and I’d like to
thank the Via Satellite team for the recognition. While this award
is intended as an individual accolade, this nomination is a
testament to the tireless efforts from the entire Redwire team as
we’ve executed a very focused growth strategy, continued to deliver
best-in-class capabilities to support our customers’ missions, and
scaled our business,” commented Redwire Chairman and CEO Peter
Cannito.
“For decades, the Satellite Executive of the Year award has
commemorated outstanding leadership in the satellite industry,”
said Rachel Jewett, Senior Managing Editor of Via Satellite. “This
year is no different and we are proud to announce the group of six
nominees that represent different ways of charting a new path for
the future of the satellite industry.”
Voting closes at noon ET on March 11. The winner will be
announced at SATELLITE 2025 on Wednesday, March 12 at the Via
Satellite Awards Luncheon, which is open to all conference-level
attendees.
For more information on the award, or to vote for Peter Cannito,
please visit https://www.satellitetoday.com/vote.
About Redwire
Redwire Corporation (NYSE:RDW) is a global space infrastructure
and innovation company enabling civil, commercial, and national
security programs. Redwire’s proven and reliable capabilities
include avionics, sensors, power solutions, critical structures,
mechanisms, radio frequency systems, platforms, missions, and
microgravity payloads. Redwire combines decades of flight heritage
and proven experience with an agile and innovative culture.
Redwire’s approximately 750 employees working from 17 facilities
located throughout the United States and Europe are committed to
building a bold future in space for humanity, pushing the envelope
of discovery and science while creating a better world on Earth.
For more information, please visit redwirespace.com.
About Via Satellite
Via Satellite provides essential news and expert business
analysis on the global satellite communications marketplace,
including current and evolving applications, infrastructure issues,
technology, and business and regulatory developments around the
world and reaches the most engaged community of satellite
professionals and qualified industry decision makers.
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version on businesswire.com: https://www.businesswire.com/news/home/20250219244545/en/
Media Contact: Tere Riley Tere.Riley@redwirespace.com
321-831-0134 OR Investors: investorrelations@redwirespace.com
904-425-1431
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