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.
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.
Lonestar (SIDU) launched StarVault, billed as the world's first commercial space-based sovereign data storage platform, and amended its agreement with Sidus Space to procure a second orbital payload. The first payload is scheduled to launch in October 2026 aboard LizzieSat-4; a second payload is targeted for 2027.
StarVault pairs cryptographic key escrow with off-planet storage to increase capacity, redundancy, and orbital coverage for governments, financial institutions, and critical infrastructure customers.
Sidus Space (NASDAQ: SIDU) reported full-year 2025 results and business updates on April 1, 2026. Total revenue was approximately $3.4M, down ~28% year-over-year, while cost of revenue rose to $9.1M, driven by higher depreciation from LizzieSat fleet expansion. Net loss widened to $29.5M and cash increased to $43.2M following equity raises. Operationally, Sidus launched LizzieSat-3, demonstrated on-orbit AI processing, expanded contracts including a Lonestar manufacturing agreement now valued at $120M, and secured a ten-year MDA SHIELD IDIQ with a $151B ceiling.
Sidus Space (NASDAQ: SIDU) will host its fourth quarter and full year 2025 financial results conference call on March 31, 2026 at 5:00 PM ET. The live call and webcast will be available with replay through April 7, 2026, and the webcast archive will remain online for three months.
Dial-in numbers, international access, replay PIN, and the webcast link are provided for investors and analysts to participate.
Sidus Space (NASDAQ: SIDU) and HEO USA announced successful on-orbit imagery from HEO USA's Holmes Mk1 camera hosted on Sidus's LizzieSat-3, captured over Victoria, Australia on March 5, 2026. The images validate integrated multi-sensor performance, with sub-5-meter resolution and confirmed spacecraft subsystem stability after bus-level commissioning.
LizzieSat-3 will continue sensor calibration and software updates as Sidus begins delivering on a subscription data service contract with HEO while advancing toward full multi-mission activation.