Peter Cannito

And that's really difficult to recreate, right?

There's been a lot of talk about vertical integration.

Vertical integration is a great strategy at the early onset of an industry where there isn't a lot of people

investing in sub support technologies.

So I like to say like, oh, OK, people can try to vertically integrate and do their rollout solar arrays.

But the U.S.

government has invested millions of dollars in developing our rollout solar array IP.

And I think that's one of the things that people don't fully understand is and leads me to the second part of the moat is there's the investment that Redwire has made since we brought these companies together.

But they were all companies that were receiving

government funding, whether it was through small business innovation research or whatever, that put millions of dollars into solving these problems like building a rollout solar array, building an international birthing and docking mechanism that meets the high-quality standards you need when you have human-based space platforms.

Things like that, the millions of dollars that went into decades of developing our drone technology.

So that's really difficult to catch up to overnight because these are hard problems.

And so I think I think we have a pretty strong moat.

And I think although there are some very successful projects.

companies who have executed on vertical integration because they were really the first to go out and do certain things.

I believe that more mature industries, you start to see a level of specialization and there's just, unless you're Elon Musk and you have access to unlimited capital,

You're not going to be able to recreate every critical technology.

When companies like Redwire are investing millions of dollars just into solar arrays, you're just not going to be able to spread your limited capital.

So we think that'll position us really well in these core technologies where we're in the lead.

Well, I think as we look down the road, you know, we're a high growth, nontraditional company that has the ability to scale in a controlled manner.