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SpaceX Wins $2.29 Billion US Space Contract, and 10 Assets Can Benefit

BeInCrypto
SpaceX secured a $2.29 billion US Space Force contract for a military satellite network, highlighting growth in the defense-space sector.

Summary

SpaceX has been awarded a $2.29 billion contract by the US Space Force to develop a secure, high-speed military satellite network known as the "Space Data Network Backbone" (SDN Backbone). This project aims to enhance military communication and support the "Golden Dome" defense architecture by deploying optically linked satellites by 2027. As SpaceX expands its role in national security infrastructure, analysts are eyeing various publicly traded aerospace and defense companies that may benefit from the rising investment in military space technology.

(Source:BeInCrypto)