Apr 02, 2025 (PRISM News via COMTEX) --
Redwire Rises 12% as NASA Veteran Joins to Lead Global Space Growth
Redwire Corporation (RDW) climbed over 12% today, leading the PRISM Emerging Space Index after announcing the appointment of space policy heavyweight Mike Gold as President of its Civil and International Space division. Gold, known for his leadership at NASA and key roles in shaping the Artemis Accords and other international agreements, brings decades of experience in civil space policy, legal affairs, and strategic business development.
The move signals Redwire's intensified push into global markets. The company has recently expanded its European presence, opening a new office in Warsaw, Poland, in response to record-high institutional space budgets and growing demand across civil and defense sectors. Redwire's Chairman and CEO Peter Cannito said Gold's leadership would be instrumental in "scaling our business internationally" and leveraging the company's existing performance in European programs like the Proba satellite series.
With a deep bench of international relationships and regulatory expertise, Gold's arrival positions Redwire to accelerate its role in next-gen space infrastructure, from orbital platforms to critical systems.
CareCloud Gains 4% on Strategic Entry into Audiology Market
CareCloud, Inc. (CCLD), part of the PRISM Emerging Healthcare Index. moved modestly higher, up 4%, following news of its acquisition of RevNu Medical Management, a revenue cycle management (RCM) firm specializing in audiology. This deal marks CareCloud's expansion into the $5 billion U.S. hearing health market--an area largely untouched by AI-powered RCM solutions.
RevNu founder Clay Gililland, who also owns more than 30 hearing clinics in Southern California, noted the deal will allow clients to tap into CareCloud's advanced automation tools and nationwide infrastructure. "Our clients and the broader industry will benefit greatly," said Gililland.
Stephen Snyder, Co-CEO of CareCloud, called the deal "a strategic expansion into a specialty care market lacking a clear leader," adding that RevNu's established relationships and market insight make it a powerful complement to CareCloud's growth ambitions.
Daniel Davis, former RevNu CEO, will now head CareCloud's new hearing healthcare division. The acquisition, like the recent MesaBilling deal, is expected to be accretive within 90 days, with quarterly consideration tied to retained revenue--underscoring CareCloud's disciplined approach to scaling within niche healthcare sectors.
Other PRISM Mid-Day Movers:
- Reshape Lifesciences Inc. (RSLS) down 71%
- ATAI Life Sciences N.V. (ATAI) up 17.74%
- Leap Therapeutics, Inc. (LPTX) up 21.14%
- ABVC BioPharma, Inc. (ABVC) up 15.91%
- Silence Therapeutics plc (SLN) up 15.70%
- Shattuck Labs, Inc. (STTK) up 12.54%
The post PRISM Mid-Day Movers: Momentum in Emerging Space and Healthcare Technology appeared first on PRISM MarketView.
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