Sidus space is awarded stage i contract with national reconnaissance office

Cape canaveral, fla.--( business wire )--sidus space, inc. (nasdaq:sidu), a space-as-a-service company focused on commercial satellite design, manufacture, launch, and data collection, is pleased to announce it has been awarded a stage i contract with the national reconnaissance office (nro) with a focus area in commercial hyperspectral capabilities. this stage i contract was awarded in response to a two-phase competitive proposal effort and is the first of three potential and sequential awards. a stage i contract is typically 6-18 months and is considered a study stage providing awardees an opportunity to submit a proposal for a follow-on stage ii contract. stage ii is focused on product integration into the nro enterprise architecture, full performance assessments, and potential technology insertion and stage iii includes demonstrating commercial capability up to full performance by integrating and onboarding into the enterprise architecture and potential technology insertion.
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