By Josh Beckerman
Sidus Space Inc. shares rose 81% to $2.61 as the company said it will be a major subcontractor for the National Aeronautics and Space Administration's Exploration Extravehicular Activity services contract.
Sidus is part of the Collins Aerospace team. Collins is a unit of Raytheon Technologies Corp.
NASA said on June 1 that the contract focused on spacesuits and spacewalk systems, awarded to Axiom Space Inc. and Collins, could be worth $3.5 billion over 12 years.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
06-15-22 1355ET