Get all your news in one place.
100's of premium titles.
One app.
Start reading
Euronews
Euronews
Una Hajdari

Small space tech company’s shares skyrocket on Trump Golden Dome contract

Shares in Sidus Space skyrocketed, going up by 200% in month-to-date trading, after the company disclosed it was named as one of the awardees on 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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.