Astrobiome® Space, a Luxembourg‑based regenerative agriculture arm of Redwire, said it will grow the first wild strawberries in orbit. The company plans to seed Tupperware‑style ponds on Earth while awaiting an ISS launch. The move signals Redwire’s intent to diversify beyond satellites and defense hardware.

Redwire’s 2025 results showed a $50mn EBITDA loss on $335mn revenue, split between space components and drone‑defense systems. Analysts note that the strawberry venture adds little to the company’s earnings trajectory, which targets break‑even by 2027.

Despite the novelty, the stock has surged over 200% year‑to‑date, trading at nearly nine times projected 2027 revenue versus less than four times in December. The premium reflects investor optimism around space infrastructure, yet Jefferies cautions that core growth may not be exponential.

The strawberry project underscores Redwire’s strategy to showcase versatility, but it will not alter the company’s path to profitability. Investors focus on launch‑cost trends and satellite demand. Redwire’s European arm grew after acquiring Qinetiq’s Belgian satellite unit in 2022, expanding its launch portfolio. The diversified portfolio spans satellite manufacturing, launch services, and defense drones, positioning it to benefit from rising demand for low‑cost, high‑throughput space payloads.