Peter Cannito

So, you know, because in many ways we're rooted in private equity, we understand the portfolio effect for long-term value creation, right?

And one of the challenges that I think the space industry has gone through over the last five years is not

If there is going to be this tremendous growth in space, as you articulated, many experts out there like Morgan Stanley and others have put out really big numbers.

We don't have to reach those numbers for Redwire to be extraordinarily successful.

Whether it's a trillion or hundreds of millions, we're fine either way.

But yeah, I think everybody agrees on the opportunity.

The timing is a little bit more of an issue.

So what we wanted to do with Edge Autonomy is we looked at the complementary nature of

drones, our tagline is build above, drones in the airborne domain as being more mature, both from the perspective of products and from an industry wide.

And therefore, you're able to achieve better gross margins because you're really in the production phase.

The demand for drones, the technology is much further along than in space.

So you get that complementary financial profile that you articulated while we're still spending a lot of investment in internal research and development in CapEx to reach the full potential of space.

And that's where we're headed.

It was transformational in terms of providing scale and that portfolio effect of a broader technology readiness or maturation of our products.

But it's also very complementary on the strategic side, because on the national security side in particular, our customers are moving towards a multi-domain approach to modern warfare.

And to have space and drones in the same portfolio is complementary and positions us for larger opportunities as well.

So there was a lot that went into it, and it also doubled the size of Redwire so we can get operating leverage associated with scale.

And so we're really excited about where we're headed.

No, 100%.

You're right on.