sidus space, stock news, nasa, space exploration

Sidu Space, Inc

Sidu Space, Inc shares are flying Thursday on continued momentum after the company on Wednesday announced that it’s part of the Collins Aerospace team, which was awarded NASA’s Exploration Extravehicular Activity (xEVAS) services contract. 

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Sidus Space Inc (NASDAQ: SIDU) – a Space-as-a-Service company focused on mission-critical hardware manufacturing; multi-disciplinary engineering services; satellite design, launch planning, production, mission operations; in-orbit support services, data analytics services and satellite constellation management.

VipLiveAlerts-Pro member’s were able to capitalize after Sidus Space announced that it is part of the Collins Aerospace team which was awarded NASA’s Exploration Extravehicular Activity (xEVAS) services contract. 

The xEVAS contract has the potential value of $3.5 billion through 2034 with a 10-year base contract plus two additional option years. NASA awarded the contract to Collins Aerospace and Axiom Space. Sidus Space will serve as a “major subcontractor” to Collins during the period of performance of the NASA xEVAS contract and other contracts with independent commercial entities.

The xEVAS Program is expected to include the design, development and production of an integrated Extravehicular Activity capability that includes a new spacesuit and ancillary hardware.

“We are proud to be part of the Collins xEVA team in development and manufacturing of the next-generation space suits to support ISS and Artemis, allowing humans to walk and explore the moon. Over the last 10 years, Sidus has been manufacturing space hardware and participating in every major space project. We are looking forward to playing a meaningful role in this exciting opportunity, continuing our legacy of creating new revenue streams through strong partnerships.”

– Carol Craig, Sidus Space CEO

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