Sidus Space Expands $120 Million Deal With Lonestar For Lunar Data Storage - Sidus Space (NASDAQ:SIDU)
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7 Articles
Sidus Space Expands $120 Million Deal With Lonestar For Lunar Data Storage - Sidus Space (NASDAQ:SIDU)
Sidus Space Inc (NASDAQ:SIDU) has strengthened its collaboration with Lonestar Data Holdings, advancing a contract worth approximately $120 million. The agreement defines the collaboration between parties to design, build, and provide on-orbit support for six lunar data storage spacecraft. This effort represents a major advancement in establishing space-based data preservation solutions. Under this partnership, Sidus Space will leverage its Lizz…
Sidus Space expands $120M lunar satellite deal with Lonestar
Los Angeles CA (SPX) Apr 03, 2025 Sidus Space (NASDAQ: SIDU) has finalized an expanded preliminary agreement with Lonestar Data Holdings, extending a collaborative initiative now valued at around $120 million. This enhanced partnership charts the course for the development, deployment, and operational support of six lunar-based data storage satellites, pushing the boundaries of secure information retention infrastructure beyond
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