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Peter Cannito

๐Ÿ‘ค Speaker
119 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
Interview with Redwire CEO Peter Cannito

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.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

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

Motley Fool Money
Interview with Redwire CEO Peter Cannito

Yeah, no, that's a great way to put it.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

So I think if we can hit on that, then the rest of the messaging is clear.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

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.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

And since then, there had been just incremental progress.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

And some might even say concerning the moon program, some level of regression.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

But 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.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

And that was the core thesis behind Redwire.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

And that's why we exist today.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

Yeah, yeah.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

No, so that in the initial thesis of Redwire for going public and where we've been really up until the last year and a half, the transdome of space was a very accurate approach.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

We like to say that we provide the fundamental building blocks of space, those core subsystems and components that every space mission needs, whether it's commercial, civil or national security.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

But in the last about year and a half, we've been executing on a strategy called moving up the value chain, where we've started to become not only a critical provider of subsystems and components, but a platform provider.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

And through a combination of organic investment and acquisition, we now have seven platforms, five spacecraft and two uncrewed air systems that

Motley Fool Money
Interview with Redwire CEO Peter Cannito

and aircraft systems or drones, as people like to call them.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

So we've been moving up the value chain.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

So I like to say we're a little bit more, we started out TransDymer, a little more L3 now, where L3 made a pivot a number of years ago to become that sixth prime, as they've talked about.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

We're kind of that non-traditional equivalent of that as part of this kind of new second golden age of space and now drones.

Motley Fool Money
Interview with Redwire CEO Peter Cannito

Yeah, that's right.

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