In the last five or so years since Redwire has formed, we believe we have entered into a second golden age of space that's primarily driven by commercial companies, quite frankly, as opposed to just governments.

And that was the core thesis behind Redwire, and that's why we exist today.

That was Redwire, Chairman and CEO Peter Canito. I'm Motley Fool, producer, Matt Greer.

Redwire is a space technology company building infrastructure for the space economy.

Motley Fool contributor Lou Whiteman recently talked to Conito about that space economy

and about the growing business of Redwire.

Greetings, Fools.

I'm Lou Whiteman, senior analyst here at the Motley Fool.

My guest today is Peter Canito,

chairman and CEO of Space and Defense Infrastructure Company, Redwire. Now, Redwire has been, you know, in business since I think 2020, formed by a couple acquisitions and public since 2021. Peter, welcome to the Motley Fool. Thanks for being here. Yeah, thank you for having me. All right, let's start out. I kind of like yutting out it over what you do. But what is Redwire? Let's talk about kind of what does Red Wire do? And kind of, let's make this fun. You know, the moment you needed to exist. Like, why does the world need Redwire? That's how I want you to explain to company. Yeah, no, that's a great way to put it. So I think if we can hit on that, then the rest of the messaging is clear.

So Redwire was formed. I want you to explain to the company. Yeah, no, that's a great way to put it. So I think if we can hit on that, then the rest of the messaging is clear.

So Redwire was formed initially by a private equity company who realized that we were entering

into a second golden age of space, that the first golden age of space was around the Apollo

program back in the 60s and early 70s. And since then, there had spent

just incremental progress, and some might even say concerning the moon program, some level of

regression. But in the last five or so years since Red Wire has formed, we believe we have

entered into a second golden age of space that's primarily driven

by commercial companies, quite frankly, as opposed to just governments. And that was the core

thesis behind Redwire, and that's why we exist today. Yeah, and to put numbers on it,

and I always cringe when I hear numbers like this, but it's, I mean, the Morgan Stanley report,

one trillion dollar global space industry by 2040. You know what? I'm enough of a cynic. I'll take the under there, but I think it is getting much bigger. And yeah, so when I've pitched this internally, the two things I fall back on with Redwire is, and I know this, I'm curious if you like this, or you're going to cringe with this,

but sort of the Transdime for space. Transdime, of course, is an aerospace company that makes all of the essential parts that make all of this possible. And it feels like that Redwire, that that was the opportunity that you were, you get kind of seeing that, like, you know, a lot of things have to go into these massive missions. It's great to be the prime, too, and we can get into that. There's opportunities there, but kind of just the nuts and bolts that makes it all possible if we are going to get to that one trillion dollar number or whatever it is. Is that fair or am I missing it? Yeah, yeah, no. So that in the initial thesis of Red Wire for going public and where we've been really up until the last year and a half, the Transdima Space was a very accurate approach.

...