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. (SIDU) delivers innovative space infrastructure and defense solutions through its satellite-as-a-service model. This page provides authorized updates on the company’s mission-critical developments, serving as the definitive source for investors and industry observers.
Access real-time press releases covering satellite deployments, government contracts, and aerospace technology advancements. Our curated news collection ensures transparency about SIDU’s operational milestones in commercial space ventures and defense partnerships.
Key updates include earnings reports, spacecraft design innovations, multi-mission satellite launches, and strategic collaborations. Track the company’s progress in integrating hyperspectral sensors and expanding low Earth orbit capabilities.
Bookmark this page for verified information about SIDU’s unique position as a minority/veteran-owned space technology provider. Return regularly for insights into how the company balances aerospace engineering rigor with scalable data solutions.
Sidus Space, Inc. (NASDAQ: SIDU) has announced the pricing of a public offering of 30,303,030 shares of its Class A common stock and 30,303,030 accompanying warrants at a combined price of $0.33 per unit. The gross proceeds are expected to be approximately $10 million before expenses. The offering includes a 45-day underwriters' option for an additional 4,545,454 shares and/or warrants. The funds will be allocated for various purposes including sales and marketing, operational costs, and product development. The offering is set to close on April 25, 2023, pending customary conditions.
Sidus Space, Inc. (NASDAQ:SIDU) announced that its Founder and CEO, Carol Craig, will participate in a Tech Talk on Climate Change at the 2023 Space Symposium in Colorado Springs on April 18, 2023, at 3:30 PM MDT. Alongside representatives from Beyond Gravity and former NASA Administrator Jim Bridenstine, Craig will discuss the crucial role of satellites in climate monitoring ahead of Earth Day. Sidus is set to deploy its LizzieSat™ satellites, enhancing access to space-based data for climate tracking. The LizzieSat™ platform aims to revolutionize geospatial intelligence with real-time data, addressing climate-related issues, natural disaster preparedness, and resource monitoring. Sidus Space, located in Cape Canaveral, Florida, offers comprehensive Space-as-a-Service solutions and aims to solve real-world problems through innovative satellite technologies.
Sidus Space, Inc. (NASDAQ:SIDU) announced that Carol Craig, Founder and CEO, will be a featured speaker at the Junior Achievement National Convention on July 27, 2023, in Louisville, Kentucky. This event is part of Sidus’ Sidus Serves initiative, focusing on community support and education. The initiative emphasizes volunteerism and aims to empower future leaders through STEM programs, environmental initiatives, and veteran affairs.
Craig has been active in Junior Achievement for 15 years, contributing over $170,000 to support educational programs. Junior Achievement is dedicated to educating students about entrepreneurship and financial literacy, reaching over 3.3 million students annually in the U.S.
Sidus Space, Inc. (NASDAQ:SIDU) has announced a partnership with L3Harris Technologies (NYSE:LHX) through the Department of Defense Mentor-Protégé Program (MPP). This collaboration aims to enhance Sidus' operational capabilities within the defense sector, enabling the company to improve its processes and gain insights from a larger company perspective. The agreement, effective from April 1, 2023, to March 31, 2024, will expand Sidus' supplier relationships and solidify its position in providing Space-as-a-Service solutions to global customers, including the Department of Defense. The MPP has successfully aided over 190 businesses in the past five years to carve out unique roles in the military supply chain.
Sidus Space, Inc. (NASDAQ:SIDU), a satellite company based in Cape Canaveral, Florida, has appointed Leonardo Riera to its Board of Directors. Riera brings over 35 years of experience in investment banking and fund management, having held significant positions at McKinsey & Co, Citicorp Investment Bank, and Bankers Trust in Venezuela. His extensive background includes roles in mergers and acquisitions and corporate governance. Riera currently serves on the boards of several companies, contributing his expertise in financial services to enhance business growth for Sidus Space. Company leadership expressed enthusiasm about Riera's appointment, viewing it as a strategic move to drive the company's expansion and innovation.
Sidus Space, Inc. (NASDAQ:SIDU), a satellite company specializing in Space and Defense-as-a-Service, will participate in the Space Symposium 2023 from April 17 to 20 in Colorado Springs, Colorado. Founder and CEO Carol Craig emphasized the importance of the event, noting the attendance of over 10,000 industry professionals. The symposium presents an opportunity for Sidus to connect with potential customers and partners as it prepares for the launch of its first LizzeSat™ satellite. Sidus Space operates a 35,000-square-foot facility in Cape Canaveral, Florida, focusing on satellite design, manufacturing, and mission support.
Sidus Space (NASDAQ:SIDU), a leader in Space-as-a-Service, will engage in key investor events in New York. The company's CEO Carol Craig will hold one-on-one meetings at the EF Hutton Inaugural Global Investment Conference on May 10, 2023, and present at the Taglich Brothers 19th Annual Investment Conference on May 1, 2023. With a 35,000-square-foot facility in Cape Canaveral, Florida, Sidus specializes in commercial satellite design, manufacturing, and launch. The company's mission is to provide scalable, low-cost satellite services, supporting various industries with space-based solutions.
Sidus Space, Inc. (NASDAQ:SIDU), a provider of Space-as-a-Service solutions, has completed critical command and data system testing for its LizzieSat™ constellation, advancing towards its 2023 launch from Cape Canaveral, Florida. The tests, conducted in partnership with Kongsberg Satellite, verified the S-Band RF communication systems between the satellites and ground stations. CEO Carol Craig emphasized that this successful test aligns with key design requirements, allowing optimal satellite operations for a projected five-year lifespan in orbit.
Sidus Space (NASDAQ:SIDU) has unveiled a video in partnership with Markforged, highlighting the role of 3D printing in developing its LizzieSat™ satellites. The company utilizes Markforged's technology to produce satellite components, enhancing efficiency and cost-effectiveness. CEO Carol Craig noted the positive impact of Markforged's printers on their External Flight Test Platform mission at the ISS. The LizzieSat™ constellation aims to provide on-demand geospatial intelligence, transitioning from static imaging solutions. Sidus Space operates from a 35,000-square-foot facility in Cape Canaveral, Florida, focusing on commercial satellite design and manufacturing.
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