Redwire (RDW) Wins $44 Million DARPA Otter VLEO Contract as Stock Jumps on November 19, 2025
Redwire Corporation secured a $44 million phase-2 contract from DARPA to advance the Otter Very Low Earth Orbit mission, sending RDW shares up about 9% in pre-market trading before settling near $5. Redwire will manufacture and deliver the Otter spacecraft, billed as the world’s first air-breathing orbital vehicle, for launch in late 2025.