Redwire Corporation (RDW) said Wednesday it has been awarded a study contract by the European Space Agency to create a spacecraft design for a mission aimed at exploring dark matter.
Financial details of the contract weren't provided.
The Accreted galaxies as a Key Instrument for Halo Surveys program will involve Redwire's Belgian branch conducting initial studies using an adapted version of its Hammerhead satellite platform, the company said.
If the project proceeds, Redwire will construct the satellite in Belgium, it added.
The company's shares were up 0.6% in recent Wednesday premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.