Welcome to our dedicated page for Sidus Space news (Ticker: SIDU), a resource for investors and traders seeking the latest updates and insights on Sidus Space stock.
Sidus Space, Inc. develops space and defense technology for satellite manufacturing, technology integration, mission operations, AI-enabled space-based data, and hardware manufacturing. Company news commonly covers the LizzieSat satellite platform, hosted payload integrations, on-orbit mission milestones, and products such as the Fortis command and data handling system for space and defense applications.
Updates also include customer and collaboration activity, payload work for orbital data storage and imaging missions, financial results, equity offerings, and balance-sheet actions. The company serves government, defense, intelligence, commercial space, aerospace, and related markets through satellite platforms, payload hosting, engineering services, and proprietary space and defense hardware.
Greenland Energy (NASDAQ: GLND) appointed Carol Craig to its Board of Directors, effective June 5, 2026, as a Class I director filling the vacancy from Daniel M. McCabe’s resignation. She will also serve on the Audit Committee and has been deemed an independent director under Nasdaq rules.
Crail is CEO and Chair of Sidus Space and has extensive aerospace, defense, engineering, and public-company governance experience, including leading a Nasdaq IPO and satellite programs, which Greenland Energy views as valuable for advancing exploration in the Jameson Land Basin.
Sidus Space (NASDAQ: SIDU) is expected to be added to the Russell 3000, Russell 2000 and Russell Microcap Indexes following the June 2026 Russell reconstitution. Inclusion is based on FTSE Russell’s market-capitalization criteria and is scheduled to become effective after the U.S. market close on June 26, 2026.
According to Sidus Space, index inclusion is expected to increase visibility among institutional investors and support its broader growth and commercialization strategy.
Sidus Space (Nasdaq: SIDU) closed its previously announced best-efforts equity offering of 19,685,039 Class A common shares or pre-funded warrants.
The securities were priced at $5.08 per share, generating approximately $100 million in gross proceeds. Sidus Space plans to use net proceeds for working capital and general corporate purposes.
Sidus Space (Nasdaq: SIDU) priced a best-efforts registered direct offering of 19,685,039 Class A shares (or pre-funded warrants) at $5.08 per share, at-the-market under Nasdaq rules.
Gross proceeds are expected to be about $100 million, funding working capital and general corporate purposes. Closing is expected on May 29, 2026, with ThinkEquity as sole placement agent, under an effective Form S-3 shelf registration.
Sidus Space (NASDAQ: SIDU) reported Q1 2026 results showing higher revenue and improved margins alongside multiple on-orbit milestones.
Revenue was $359,000, up 51% year over year; cost of revenue fell 25% to $1.4 million, reducing gross loss to $1.1 million, a 36% improvement. Net loss was $5.2 million, improving 19%, and adjusted EBITDA loss was $4.6 million. SG&A held flat at $4.4 million. Cash totaled $27.3 million with no term debt. Operationally, the company delivered LizzieSat-3 imagery, advanced payload commissioning, expanded its Lonestar Data Holdings agreement, hit an integration milestone with Maris-Tech (NASDAQ: MTEK), signed an AI hyperspectral MOU with Simera Sense, and finalized its Fortis VPX platform. Post-quarter, Sidus completed a $58.5 million direct offering and announced a CFO transition effective June 1, 2026.
Sidus Space (NASDAQ: SIDU) will host its first quarter 2026 financial results conference call on Thursday, May 14, 2026, at 5:00 p.m. ET. Investors can join via live phone lines or webcast, with replay options available by phone until May 21, 2026, and online for one year.
Sidus Space (NASDAQ: SIDU) announced advancements to its Fortis Command and Data Handling (C&DH) platform on April 23, 2026. Fortis is a modular 3U OpenVPX system aligned with SOSA/MOSA standards and incorporates Microchip space‑grade components to reduce integration complexity and enable configurable, mission‑scalable architectures.
The platform integrates PolarFire FPGAs, space‑ and defense‑grade processors, precision timing, SBC and PNT modules, and draws operational insights from three Sidus LizzieSat missions to support resilient, high‑throughput edge processing across space, airborne, maritime, and terrestrial domains.
Sidus Space (NASDAQ: SIDU) closed a best-efforts offering of 13,453,700 shares of Class A common stock (or pre-funded warrants) at $4.35 per unit for gross proceeds of about $58.5 million on April 21, 2026.
The company intends to use net proceeds for working capital and general corporate purposes. ThinkEquity acted as sole placement agent. Securities were offered under a Form S-3 registration statement declared effective February 4, 2026.
Sidus Space (Nasdaq: SIDU) priced a best-efforts registered direct offering of 13,453,700 Class A shares (or pre-funded warrants) at $4.35 per share for gross proceeds of approximately $58.5 million. The company intends to use net proceeds for working capital and general corporate purposes.
The offering is expected to close on April 21, 2026, subject to customary closing conditions, with ThinkEquity as sole placement agent and securities offered under a shelf registration on Form S-3.
Sidus Space (NASDAQ: SIDU) expanded its agreement with Lonestar Data Holdings to build and deliver an additional StarVault orbital data storage payload. The amendment broadens Sidus' role in supporting the world's first commercially operational space-based sovereign data storage service and advances StarVault from early missions toward sustained commercial deployment.
Sidus is building the first StarVault payload, scheduled to launch no earlier than fall 2026 aboard LizzieSat-4 (LS-4); the additional payload increases the planned StarVault network and reflects Lonestar's scaling progress.