Investors are always on the hunt for the next big opportunity. And as trends like generative artificial intelligence (AI) get long in the tooth, many are thinking about the next big trend. Some are wondering if space technology could be the next to boom.

Florida-based integrated aerospace and defense technology company Redwire (RDW +3.70%) is catching attention for its relatively small size and compelling long-term growth drivers in space and defense. Let’s dig deeper into the company’s pros and cons to determine what its shares might be worth by the end of 2030.

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What is Redwire?

Unlike its larger rival, Space Exploration Technologies, Redwire is far from a household name, even among those who have a…