Why Redwire Stock Keeps Going Up

Group 1 - Redwire's stock experienced a significant increase, jumping as much as 10% before stabilizing at a 3.9% gain, marking three consecutive days of upward movement [1][3] - The stock's rise was primarily driven by the announcement of an "eight-figure deal" with The Exploration Company (TEC) to build two International Docking System Standard compliant docking systems [3][4] - The contract is substantial for Redwire, representing at least $10 million in revenue, which accounts for approximately 3.4% of the company's projected annual revenue of less than $300 million for 2025 [4] Group 2 - The contract positions Redwire to supply docking systems to TEC, a start-up with a single vehicle, Nyx, which aims to serve as an orbital service vehicle [6] - If Nyx is successful and TEC expands its fleet, it could lead to additional contracts for Redwire in the future [6] - Analysts predict that achieving positive free cash flow in 2026 would be a significant milestone for Redwire, although the company is not expected to report GAAP profits before 2028 [7]