Sidus Space,NamaSys Bahrain Sign MOU To Establish "Sidus Arabia" JV Headquarters To Develop A State-Of-The-Art 3D Printing Satellite Manufacturing Facility
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Sidus Space, Inc. (NASDAQ:SIDU) has signed a Memorandum of Understanding (MOU) with NamaSys Bahrain to establish a joint venture called 'Sidus Arabia.' This JV will develop a state-of-the-art 3D printing satellite manufacturing facility in the Middle East, supporting GCC countries and beyond.
June 25, 2024 | 12:33 pm
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Sidus Space, Inc. (NASDAQ:SIDU) has signed an MOU with NamaSys Bahrain to establish 'Sidus Arabia,' a JV for a 3D printing satellite manufacturing facility in the Middle East.
The partnership with NamaSys Bahrain to establish a 3D printing satellite manufacturing facility in the Middle East is a significant expansion for Sidus Space. This move could open new markets and revenue streams, positively impacting the stock price in the short term.
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