Jan 20 (Reuters) - Space infrastructure firm Redwire

Corp ( RDW ) on Monday said it has agreed to acquire Edge

Autonomy for $925 million in a cash-and-stock deal.

The transaction would help create a defense tech company

with a broader portfolio of space platforms combined with

combat-proven autonomous airborne platforms, the company said.

The merger is expected to be funded using $150 million in

cash and $775 million in shares of Redwire ( RDW ) common stock, and is

expected to be accretive to Redwire's ( RDW ) revenue and core profit.

Redwire ( RDW ) expects the combined company to generate revenues in

the range of $535 million to $605 million for the year ended

Dec. 31, 2025, and adjusted earnings of $70 million to $105

million.

"As space and airborne platforms converge into an integrated

network of autonomous, collaborative systems, Redwire ( RDW ) will be

poised to provide end-to-end solutions for multi-domain

operations from the surface of the earth to the surface of the

moon and beyond," said Redwire ( RDW ) CEO Peter Cannito.

Edge Autonomy manufactures autonomous systems, advanced

optics and other products to clients including the U.S.

Department of Defense.

The deal, which has been approved by a special committee of

the board, is expected to close in the second quarter, subject

to regulatory and Redwire ( RDW ) shareholders' approvals.