Sidus Space Announces $2.5 M Laser Communication Satellite Agreement with Netherlands

(24/7 MARKET NEWS) – Sidus Space, Inc. (NASDAQ:SIDU) announced, this morning, that it was awarded a $2.5 Million agreement with The Netherlands Organization for Applied Scientific Research (TNO) to deploy and test TNO’s laser communications technology aboard a Sidus’ LizzieSat satellite.

Sidus is at $0.765, up $0.1822 (+31.26%), on trading volume of 15.3 million premarket shares.

Its 52-week trading range is $0.375 to $9.72. It’s set to clear its recent resistance levels and its premarket high is $0.93, so it should fill in the gap to $0.89 in the regular session.

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