Redwire Corporation (NYSE:RDW) shares are trading higher on Friday after President Donald Trump announced progress on “The Golden Dome” defense initiative. Redwire has positioned itself as a potential supplier for the project.

Trump Announces Golden Dome Discussions

In a in a Truth Social post on Thursday, Trump announced a “very productive meeting” with NATO Secretary General Mark Rutte regarding Greenland and the Arctic Region. The president stated, “Additional discussions are being held concerning The Golden Dome as it pertains to Greenland.”

Trump added that Vice President JD Vance, Secretary of State Marco Rubio, Special Envoy Steve Witkoff and various others, as needed, will be responsible for the negotiations.”

Company Highlights Golden Dome Capabilities

Redwire has outlined multiple technology solutions on its website for Golden Dome, including its SabreSat Orbital Drone. It is “built in the United States and designed for performance, endurance, and cost-effectiveness” for very low Earth orbit operations.

DARPA is currently leveraging SabreSat to support its Otter mission, according to the company.

Additional capabilities include space-based sensors used on lunar landers, the DEMSI digital engineering platform for mission planning. It also includes ground-based rocket systems developed through a partnership with X-Bow Systems.

Recent Corporate Restructuring

On Jan. 13, Redwire announced it was consolidating operations under a unified brand and restructuring into two segments: Space, led by Mike Gold, and Defense Tech, led by Steve Adlich.

RDW Price Action: The stock surged 17.45% to $11.98 during Thursday’s regular session and extended gains another 6.01% to $12.70 in Friday’s premarket trading, according to data from Benzinga Pro.

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