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Aerospace

Sidus Space wins subcontract for US Naval Nuclear Propulsion Program

Sidus Space Inc (NASDAQ:SIDU) said it has been selected by Craig Technologies to manufacture 13 Propulsion Plant Team Trainer Maneuvering Area Panels for Bechtel Plant Machinery Inc (BPMI), which in turn serves the US Naval Nuclear Propulsion Program.

The company said that it will manufacture, assemble, test, and deliver the Maneuvering Panel trainers for Craig Technologies which is leading the design of the Maneuvering Panels for BPMI and with a total project value of more than $2 million.

BPMI provides design and procurement services for the fabrication, testing, delivery, installation, and field support of high-quality nuclear power plant components used in US submarines and aircraft carriers, Sidus noted.

READ: Sidus Space looks ahead to 'transformational' 2023 after major revenue growth in first year as public company

In a statement, Sidus CEO Carol Craig commented: “Sidus Space previously manufactured a related US Navy trainer system, and we are excited to be supporting Bechtel and their Navy customer again.”

Located in Cape Canaveral, Florida, Sidus Space operates from a 35,000-square-foot manufacturing, assembly, integration, and testing facility focused on commercial satellite design, manufacture, launch, and data collection.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter @emilyjjarvie

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