India, Aug. 6 -- Shares of Redwire Corporation (RDW) are rising around 12 percent on Thursday morning after the company's subsidiary Space Microgravity Development LLC announced a contract for a Starfall mission, which is SpaceX's new spacecraft.
The company's shares are currently trading at $11.97 on the New York Stock Exchange, gaining 11.61 percent in the latest session. The stock opened at $12.24 and touched an intraday high of $12.75. Over the past 12 months, the shares have traded between $4.87 and $26.64.
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