Sayenko Kharenko acted as Ukrainian legal counsel to JPMorgan Chase Bank as administrative agent and collateral agent, advising on Ukrainian security for a USD 90 million term loan facility.
The facility was provided to Edge Autonomy Intermediate II Holdings, LLC, an indirect subsidiary of Redwire Corporation that serves as the borrower for the Edge Autonomy business within the Redwire group.
The financing was arranged to support the acquisition of Edge Autonomy, a leading provider of autonomous systems, by Redwire Corporation, a global leader in space infrastructure. The total value of the acquisition amounted to approximately USD 925 million.
The financing formed part of a broader package used to fund the acquisition of Edge Autonomy supporting Redwire Corporation’s strategy to build a scaled, profitable space and defence technology business focused on integrated autonomous operations for defence and national security.
This strategic acquisition transforms Redwire into a global leader in multi-domain autonomous technology, combining its expertise in space platforms with Edge Autonomy’s portfolio of combat-proven uncrewed airborne systems. The merger creates a comprehensive provider of solutions for integrated, AI-enabled operations critical for the modern defence and national security sectors.
Edge Autonomy is a leading provider of uncrewed airborne systems, advanced optics and resilient energy solutions to the US Department of Defense, US Federal Civilian Agencies, allied governments, academic institutions and commercial entities around the world.
Redwire is an integrated aerospace and defence company focused on advanced technologies and committed to delivering innovative space and airborne platforms transforming the future of multi-domain operations.
Sayenko Kharenko’s team was led by Anton Korobeynikov and included Vladyslava Mitsai and Danylo Dashko.