ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Redwire Roll-Out Solar Arrays Successfully Deployed on First Commercial GEO Satellite for Maxar’s Ovzon 3 Mission

Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next-generation space economy, announced today that two 5-kW Roll-Out Solar Arrays (ROSA) have successfully deployed and are operating nominally in geosynchronous orbit on the Maxar Space Systems-built Ovzon 3 communications satellite, which successfully launched aboard a SpaceX Falcon 9 on Wednesday, January 3, 2024. Ovzon 3 represents the first-ever integration of Redwire’s ROSA technology with a commercial satellite following years of successful operations on the International Space Station (ISS) and on NASA’s Double Asteroid Redirection Test (DART) mission.

“Redwire is proud to support the Ovzon 3 mission with innovative ROSA technology, which will provide reliable, compact, and scalable solar power generation for the spacecraft,” said Adam Biskner, President, Space Systems at Redwire. “Redwire’s ROSA technology is continuing to leverage unparalleled innovation in solar power generation to enable the most ambitious missions from LEO to GEO and beyond.”

“We appreciate the partnership with Redwire and their commitment to excellence and reliability as a trusted supplier for this mission,” said Chris Johnson, CEO, Maxar Space Systems. “We look forward to partnering with them again in the future.”

As the first commercial integration of Redwire’s ROSA technology, the two solar array wings for the Ovzon 3 satellite extend ROSA’s successful heritage, including the six currently installed and successfully operating ROSAs on the ISS and the two wings used on NASA’s DART mission. In June 2023, Redwire announced a follow-on contract to build two additional ROSAs for the ISS.

ROSA’s groundbreaking design is also being used to supply power for the Maxar-built Power and Propulsion Element (PPE), which will be part of the first segment of the NASA-led lunar Gateway planned to launch late next year. The PPE will be powered by a pair of 37-kW ROSA wings, some of the most powerful spacecraft solar arrays ever built.

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 power solutions, RF systems and satellite payloads, GN&C components and avionics, deployable structures and critical mechanisms, digital engineering, testing and analysis, and revolutionary microgravity R&D and manufacturing. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire’s 700 employees working from 14 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.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.20
-4.90 (-1.97%)
AAPL  273.47
-1.78 (-0.65%)
AMD  258.92
+21.40 (9.01%)
BAC  54.11
+0.48 (0.90%)
GOOG  287.45
-4.29 (-1.47%)
META  609.01
-18.07 (-2.88%)
MSFT  511.14
+2.46 (0.48%)
NVDA  193.80
+0.64 (0.33%)
ORCL  226.99
-9.16 (-3.88%)
TSLA  430.60
-9.02 (-2.05%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.