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Sidus Space Inc - SIDU STOCK NEWS

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.

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Sidus Space (NASDAQ:SIDU) has entered into an agreement with Dawn Aerospace to integrate green propulsion technology into its LizzieSat™ satellite. This partnership aims to enhance the performance of the LizzieSat™, which features a 100kg mass with about 20kg available for payloads. The inclusion of propulsion technology is expected to extend satellite life in orbit, increasing data transfer capabilities and revenue opportunities. Sidus Space's focus is on commercial satellite solutions, leveraging its manufacturing and data services to meet growing industry demand.

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Sidus Space, Inc (NASDAQ:SIDU) will announce its third quarter results on November 14, 2022, prior to market trading. A webcast will be held at 9:00 am EST on the same day, accessible via the company’s website. Sidus Space specializes in Space-as-a-Service, offering comprehensive solutions including satellite design and launch support from their 35,000-square-foot facility in Cape Canaveral, Florida. The company is certified and focuses on providing low-cost satellite services to a diverse range of customers.

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Sidus Space (NASDAQ: SIDU) has partnered with Mission Space to integrate space weather detectors into its LizzieSat™ satellite. This collaboration aims to enhance data collection on space weather, a critical natural hazard impacting technology and human safety. The integration is expected to create a new revenue stream from data sales. Carol Craig, CEO of Sidus Space, highlighted the potential of this partnership in supporting their mission of bringing valuable space data to various sectors.

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Sidus Space, Inc. (NASDAQ: SIDU) has secured additional launch capacity for its LizzieSatTM satellite constellation by signing a multi-year launch agreement with Vaya Space. This agreement complements a prior arrangement with SpaceX, totaling 9 expected launches over the next 13-15 months. Sidus Space's LizzieSatTM is a small 100kg satellite, designed for various missions, and is positioned to maximize customer ROI with its custom payloads. Founder Carol Craig emphasized the importance of flexible launch options to meet growing demand for satellite services.

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Sidus Space (NASDAQ: SIDU) has been chosen as the integration and deployment partner for Exo-Space to showcase its AI software technology on Earth Observation satellites. This partnership includes a Satellite Deployment contract aimed at integrating Exo-Space's payload into Sidus's hybrid satellite, LizzieSat, scheduled for deployment in 2023. The AI technology will enable real-time intelligence from satellite data, improving responsiveness for commercial, government, and NGO operations. This pilot mission aims to expand capabilities in future launches.

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Sidus Space (NASDAQ:SIDU) has secured over $1.9 million in new purchase orders for its space and defense hardware services in Q3 2022. This reflects consistent growth within its manufacturing sector, enhancing its revenue streams. CEO Carol Craig emphasized the importance of this sector as part of the company's comprehensive Space-as-a-Service offering. The company is considering expanding its manufacturing capacity to accommodate this growth.

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Sidus Space (NASDAQ:SIDU) announces that Principal Satellite Engineer Ryan Jeffrey has been named to the Space & Satellite Professionals International's '20 under 35' list. This annual recognition highlights young professionals with significant growth potential in the space industry. Jeffrey has been integral to Sidus Space since 2013, contributing to projects like the CraigX Flight Test Platform and LizzieSat™. CEO Carol Craig emphasized the importance of nurturing talent within the company, showcasing Jeffrey as a future leader in satellite technology.

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Sidus Space, Inc. (NASDAQ: SIDU) has reaffirmed its commitment to manufacturing hardware for Parsons Corporation (NYSE: PSN) in support of the Tranche 1 (T1) launch. This collaboration involves the production of flight cables for Parsons' evolved secondary payload adapter (ESPA) ring. Sidus Space continues to leverage its manufacturing capabilities to provide end-to-end solutions in the space industry, enhancing its partnership with Parsons.

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Sidus Space Inc

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SIDU Stock Data

25.63M
18.09M
1.14%
20.27%
6.45%
Aerospace & Defense
Radiotelephone Communications
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United States
CAPE CANAVERAL