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0.000392927308447894 -0.0248722986247546 -0.0255795677799608 -0.0275049115913557 -0.0625540275049117 -0.0392927308447937 -0.0432220039292732 -0.0609037328094303
Stock impact report

Small space tech company's shares skyrocket on Trump Golden Dome contract [Yahoo! Finance]

Sidus Space, Inc. (SIDU) 
Company Research Source: Yahoo! Finance
the US Missile Defense Agency's SHIELD programme, a contract pool with a total ceiling of up to $151 billion (€128.35bn) under the wider Golden Dome missile defence strategy. Sidus Space's share price has jumped sharply in December, rising from roughly $0.74 (€0.63) in the first week of the month to above $2.20 (€1.87) by late December. Investors reacted to the potential long-term business opportunity, sending the stock sharply higher in the past few sessions. The contract Sidus Space was named to is part of the MDA's Scalable Homeland Innovative Enterprise Layered Defence (SHIELD) programme, a broad procurement vehicle intended to help the agency acquire next-generation missile defence technologies and capabilities across many domains, including space, air, cyber and hybrid threats. The SHIELD contract forms part of what the Pentagon has described as its broader Golden Dome missile defence strategy, an ambitious initiative to build a layered national missile defence system th Show less Read more
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