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Redwire Completes QinetiQ Deal; Gets Bain, AEI Financing

Space infrastructure firm Redwire completed its purchase of QinetiQ Space, and received an $80 million investment from Bain Capital and AE Industrial Partners that will be used to finance the deal and support Redwire growth, Redwire said Tuesday. Redwire said the $31.6 million QinetiQ deal gives it larger scale and more ability to innovate across various growth areas, plus more exposure to European customers.