Big news from the defense and space sector! Redwire Corporation $RDW (-5,24%) has been selected as prime contractor for the MATTEO mission - the first ever national security satellite for the Belgian defense.
MATTEO is an In-Orbit Demonstrator (IOD) designed to provide Belgium with secure and independent access to critical space-based services. The project is fully funded by the Belgian defense and aims to strengthen the country's technological sovereignty.
Redwire is developing the satellite together with Aerospacelab. MATTEO will help Belgium to better monitor and respond to global security challenges.
Defense and war are no longer won on the ground. I am curious to see which EU countries will follow suit.
I already have shares in Redwire in my portfolio 🤑🤞🏼
