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Stock impact report

Sidus Space and NamaSys Bahrain Sign MOU to Establish "Sidus Arabia" JV Headquartered in Saudi Arabia to Develop a State-of-the-Art 3D Printing Satellite Manufacturing Facility [Yahoo! Fin...

Sidus Space, Inc. (SIDU) 
Company Research Source: Yahoo! Finance
of end-to-end precision space infrastructure solutions that include satellite data as a service on its proprietary orbiting platform, announced today the execution of a Memorandum of Understanding (MOU) outlining its collaboration with NamaSys, a multi discipline Technology & Electronic Security Consultancy for the establishment of a joint venture with a mission to build, own and operate a satellite manufacturing, production, assembly and integration facility in the Middle East supporting Gulf Cooperation Council (GCC) countries and beyond. The MOU outlines that the parties intend to serve and fulfill the needs and requirements of government and private clients across the Middle East and North Africa (MENA) region while sharing a unified mission of fostering science and technology development. With multiple value propositions, the initial scope of this rewarding collaboration will center attention on exploring opportunities for sustained access to space for the GCC countries through Show less Read more
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