
New space economy company Redwire Corp. [RDW] on Monday said it has agreed to acquire Edge Autonomy in a $925 million deal that would take it into new territory, autonomous unmanned aircraft systems (UAS) and related payloads. The deal includes $150 million in cash and $775 million in Redwire stock, and is expected to close in the second quarter. Edge Autonomy, based in California, has more than 600 employees and had $222 million in sales for the 12-month period that…