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Redwire (RDW) shares are extending gains on Oct. 1 after the NYSE-listed firm announced a partnership with Honda’s U.S.-based space development unit to build autonomous robotic systems for future commercial space stations. The deal pairs Honda’s multi-fingered robotic hand with Redwire’s flight-proven robotic arm and microgravity hardware, targeting laboratory automation in low Earth orbit.
Despite today’s surge, Redwire stock is trading at less than half its price in late May.
