Slide 1: Redwire 101
Redwire 101 March 2025 1. Insert Footnote
Slide 2: Additional Information and Where to Find It
Additional Information and Where to Find It Redwire will file with the SEC a proxy statement relating to a special meeting of Redwire’s stockholders (the “proxy statement”). STOCKHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN THEI
Slide 3: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements Readers are cautioned that the statements contained in this Presentation regarding expectations of our performance or other matters that may affect our or the combined company’s business, results of operations, or financial condition are “for
Slide 4: Non-GAAP Financial Information
Non-GAAP Financial Information This Presentation contains financial measures that have not been prepared in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”). These financial measures include Adjusted EBITDA and Free Cash Flow. Non-GAAP financial measures are used
Slide 5: Redwire 101: Investment Highlights
Redwire 101: Investment Highlights: Proven Pure-Play Space Innovator With Growth and Profitability Decades-long heritage, reliability, and deep relationships with dependable marquee space customers Revenue driven by lower launch costs and our critical missions for government and marquee customers Sp
Slide 6: Redwire 101: The Redwire Mission
Redwire 101: The Redwire Mission is accelerating humanity’s expansion into space by delivering reliable, economical and sustainable infrastructure for future generations (Credit: NASA) 1. Insert Footnote Redwire provides the fundamental building blocks of space infrastructure 6
Slide 7: Redwire 101: What Does Redwire Do?
Redwire 101: What Does Redwire Do? Integrated Mission Multinational Next-Generation Space Enabler Missions Spacecraft Manufacturing ☑ Avionics & Sensors ☑ System integrator / prime ☑ VLEO: SabreSat, Phantom ☑ Pharmaceutical development ☑ Power Generation satellite operator ☑ LEO: Hammerhead, Threshe
Slide 8: 2025 Growth Strategies
2025 Growth Strategies Credit: NASA Credit: Redwire Credit: Redwire Credit: Redwire Credit: Edge Autonomy Providing Delivering Exploring Advancing Executing Picks & Multi- the Moon, Venture Accretive Shovels Domain Mars & Optionality M&A Platforms Beyond 1. Insert Footnote 8
Slide 9: Redwire 101: Go to Market with Core Offerings
Redwire 101: Go to Market with 6 Core Offerings Credit: Redwire Credit: NASA Credit: United States Army Avionics Power Structures & & Sensors Generation Mechanisms Mako rendering Credit: Redwire Credit: Redwire Credit: NASA Radio Frequency Platforms, Payloads & Microgravity 1. Insert Footnote System
Slide 10: Redwire 101: How Do We Make Money?
Redwire 101: How Do We Make Money? Representative Profile of our Fixed Price Revenue Streams • Redwire revenue is generated through program contracts – with ~90% being fixed price and generally ~2 years in length over the long-term Launch • Revenue is based on contract program progress with revenue
Slide 11: M&A is a Core Strength of Redwire
M&A is a Core Strength of Redwire September 2021 Public Platform June 2020 Established Made January 2025 In February 2021 Announced March 2020 Space Deployable Agreement to Adcole Space Acquire Edge Maryland Systems November 2021 Autonomy December 2020 Aerospace Techshot Platform Consolidation LoadP
Slide 12: The Transaction Overview: Redwire + Edge Autonomy
The Transaction Overview: Redwire + Edge Autonomy • Redwire plans to acquire Edge Autonomy – a leader in providing field-proven innovative autonomous systems, advanced The optics, and resilient energy solutions Combination • Redwire and Edge Autonomy will deliver innovation in multi-domain defense s
Slide 13: Standalone Edge Autonomy at a Glance
Standalone Edge Autonomy at a Glance Complete Multi-Mission Defense Technology Solutions Fully Integrated & Comprehensive Products Offering for the US DoD and Allied Forces VXE30 Stalker Penguin C VTOL Octopus ISR Payloads With a diverse ecosystem of uncrewed aerial vehicles, EO/IR camera payloads,
Slide 14: Redwire Aims to be a Leader in Multi-Domain Defense Technology Platforms
Redwire Aims to be a Leader in Multi-Domain Defense Technology Platforms e of Surfac n o the Mo nd y o EO and be MEO/G LEO VXE30 Series VLEO RNE AIRBO e of Surfac h rt the Ea Penguin Series 1. Insert Footnote From the surface of the Earth to the surface of the Moon, Mars, and beyond 14
Slide 15: Edge Autonomy Expands Redwire's Core Offerings
Edge Autonomy Expands Redwire's Core Offerings 1. Insert Footnote 15
Slide 16: A Scaled, Global Space & Defense Technology Presence
A Scaled, Global Space & Defense Technology Presence With a combined 19 locations(1) in North America… …and 4 locations(1) in Europe Combined Location # of Facilities AL 1 CA 5 CO 4 FL 2 Combined Location IN 1 # of Facilities MA 1 Belgium 1 MI 1 Latvia 1 NM 1 Luxembourg 1 VA 2 Poland 1 Canada 1 Tota
Slide 17: Appendix: Recent Financial Information
Appendix: Recent Financial Information 17
Slide 18: Continued Pipeline and Backlog Development
Continued Pipeline and Backlog Development Demonstrating the Heritage + Innovation Differentiation YTD Submitted Bids ($B) ~$7.1B ~$4.1B $4.1 Pipeline as of FY2024 submitted bids December 31, 2024 as of December 31, 2024 $0.9 12/31/2023 12/31/2024 1 Contracted Backlog Detail ($M) $373 $229.8M 0.76x
Slide 19: 2024 Year-to-Date Performance
2024 Year-to-Date Performance Year Ended $ Change from prior % Change from prior ($ in thousands, except percentages) December 31, 2024 December 31, 2023 year period year period Revenues $ 304,101 $ 243,800 $ 60,301 25 % Cost of sales 259,646 185,831 73,815 40 Gross profit 44,455 57,969 (13,514) (23
Slide 20: Q4 2024 Quarter-to-Date Performance
Q4 2024 Quarter-to-Date Performance Three Months Ended $ Change from prior % Change from prior ($ in thousands, except percentages) December 31, 2024 December 31, 2023 year period year period Revenues $ 69,560 $ 63,485 $ 6,075 10 % Cost of sales 64,937 52,754 12,183 23 Gross profit 4,623 10,731 (6,1
Slide 21: Supplemental Non-GAAP Information
Supplemental Non-GAAP Information Three Months Ended Year Ended Adjusted EBITDA Adjusted EBITDA are not measures of results under generally December December December December accepted accounting principles in the United States. (in thousands) 31, 2024 31, 2023 31, 2024 31, 2023 Net income (loss) $
Slide 22: Supplemental Non-GAAP Information, Continued
Supplemental Non-GAAP Information, Continued i. Redwire incurred acquisition costs including due diligence, integration costs and Three Months Ended additional expenses related to pre-acquisition activity. Acquisition deal costs was (in thousands) Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 reclassified
Slide 23: Supplemental Non-GAAP Information, Continued
Supplemental Non-GAAP Information, Continued Three Months Ended Year Ended Free Cash Flow December 31, December 31, December 31, December 31, Free Cash Flow is computed as net cash provided by (in thousands) 2024 2023 2024 2023 (used in) operating activities less capital expenditures. The Net cash p
Slide 24: Key Performance Indicators
Key Performance Indicators Contracted Backlog We view growth in backlog as a key measure of our business growth. Contracted backlog represents the estimated dollar value of firm funded executed contracts for which work December 31, December 31, (in thousands) 2024 2023 has not been performed (also k