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 (NASDAQ: SIDU) has signed a Memorandum of Understanding (MOU) with Berlin-based Reflex Aerospace GmbH to establish a U.S.-based joint venture. The agreement, signed at the 40th Space Symposium on April 9, 2025, aims to deliver integrated satellite platforms for commercial, defense, and government customers.
The partnership will combine Sidus' expertise in mission operations, technology integration, and advanced manufacturing with Reflex's rapid satellite development capabilities. The joint venture will focus on:
- Multi-orbit missions in LEO, MEO, and small GEO
- In-Orbit Demonstration and Validation campaigns
- Advanced space applications including LIDAR and software-defined radio
Sidus will provide integration facilities in Cape Canaveral, Florida, contributing proprietary systems including the Orlaith™ AI Ecosystem, FeatherEdge™ hardware, Cielo™ software, and VPX OBC computer systems.
Sidus Space (NASDAQ: SIDU) has expanded and moved forward with a preliminary agreement valued at approximately $120 million with Lonestar Data Holdings. The partnership focuses on designing, building, and providing on-orbit support for six lunar data storage spacecraft based on Sidus' LizzieSat® platform.
The collaboration aims to advance secure, resilient data solutions beyond Earth, with Sidus overseeing design, payload integration, launch planning, and on-orbit support. The lunar spacecraft will provide secure, redundant data storage for mission-critical information in deep space.
Carol Craig, CEO of Sidus Space, emphasized the contract's significance in demonstrating LizzieSat® platform's scalability for lunar missions. Chris Stott, Founder and CEO of Lonestar, highlighted the partnership's role in revolutionizing data storage and disaster recovery in space following recent test flight successes.
Sidus Space (NASDAQ: SIDU) reported its full-year 2024 financial results, marking a transition from space manufacturing to a space technology and AI company. The company now has three LizzieSat satellites in orbit, with LizzieSat-3 launched in March 2025 at 45% lower cost than the initial satellite.
Key financial metrics for 2024:
- Revenue decreased 22% to $4.7 million
- Gross profit declined to a loss of $1.5 million
- Net loss increased to $17.5 million
- Cash balance improved to $15.7 million
Notable achievements include raising $37 million in funding, receiving FCC approval for a micro constellation in LEO, completing critical design review for LizzieSat NL, and launching the Sidus Orlaith™ AI ecosystem capable of 100 Trillion Operations per Second. The company also established strategic partnerships and expanded its physical presence with a West Coast office.
Sidus Space (NASDAQ: SIDU) has secured a new purchase order from a leading research and development organization in Asia, marking its entry into the Asian market. The six-week research, design, and development project will focus on modifying the company's FeatherEdge™ Gen-2 platform to achieve 30 Gbps data transfer speeds between customer hardware and FeatherEdge™.
The initiative showcases Sidus' Orlaith™ AI ecosystem, which features advanced space-based AI and edge computing capabilities. FeatherEdge™ processes critical sensor data onboard satellites and transmits only essential information, reducing transmission costs while improving mission responsiveness and operational efficiency. The technology supports various applications, including situational awareness, autonomous satellite operations, cloud computing, and defense analytics.
Sidus Space (NASDAQ: SIDU), a space mission enabler company, has scheduled its fourth quarter and full year 2024 financial results conference call for March 31, 2025, at 5:00 p.m. Eastern Time. Investors can access the call through U.S. Toll-Free (+1-877-269-7751) or International (+1-201-389-0908) numbers.
A replay of the call will be available until April 14, 2025, accessible via U.S. Toll-Free (+1-844-512-2921) or International (+1-412-317-6671) numbers with replay pin 13748500. The webcast will remain available online for three months at investors.sidusspace.com.
Sidus Space (NASDAQ: SIDU) has successfully launched LizzieSat™-3 into Low Earth Orbit as part of SpaceX's Transporter-13 rideshare mission on March 14th from Vandenberg Space Force Base. This marks the company's third satellite launch in 12 months, joining LizzieSat™-1 and 2 launched in March and December 2024.
The satellite features the next generation of Sidus' proprietary Sidus Orlaith™ AI Platform, powered by FeatherEdge™ GEN 2 with NVIDIA Jetson NX Orin module, capable of 100 Trillion Operations per Second. This advanced system enables on-orbit data processing for applications including Space Situational Awareness, maritime monitoring, and disaster response.
LizzieSat™-3's capabilities include autonomous on-orbit processing, near real-time algorithm updates, and a space-to-space data relay module, enhancing direct-to-user data transfer and reducing reliance on ground-based computing.
Sidus Space (NASDAQ: SIDU) is set to launch LizzieSat™-3 on March 14, 2024, at 11:39 PM PDT from Vandenberg Space Force Base as part of SpaceX's Transporter-13 rideshare mission. This marks Sidus' third satellite launch in 12 months.
LizzieSat™-3 features multiple state-of-the-art sensors, including advanced cameras and RF sensors, integrated with the proprietary Orlaith AI Platform™. The satellite will process data directly in Low Earth Orbit (LEO), enabling near real-time asset detection, identification, and classification.
Key innovations include:
- Onboard AI processing for immediate data analysis
- Space-to-space data relay module for rapid data transfer
- High revisit rates and low-latency transmission
- Direct-to-user data delivery for time-sensitive missions
Sidus Space (NASDAQ: SIDU) has signed a Memorandum of Understanding (MOU) with Warpspace, a Japanese space-tech company, to establish a Joint Venture focused on developing integrated solutions for next-generation satellite communications and mission operations.
The collaboration will combine Sidus' mission expertise with Warpspace's WarpHub InterSat communication system to expand high-performance solutions for diverse customer mission needs. The partnership aims to advance space innovation in technology, AI, and optical communication systems.
According to the announcement, activities related to the Joint Venture are set to commence immediately, with both companies working to define implementation steps.
Sidus Space (NASDAQ: SIDU) celebrates the one-year orbital anniversary of LizzieSat™-1 (LS-1), their pioneering hybrid 3D printed satellite. Over its 365-day operational period, LS-1 has successfully generated revenue through advanced software applications and demonstrated exceptional capabilities.
As part of Sidus' growing constellation, LS-1 features AI-driven hardware and software solutions that enhance in-orbit autonomy and enable near real-time actionable insights. Through partnerships with NASA's ASTRA mission, the satellite has proven its advanced autonomous system capabilities, supporting critical research for government and commercial applications.
The company is now preparing for the launch of LizzieSat™-3 (LS-3) aboard SpaceX's Transporter-13 mission, scheduled for no earlier than March 2025. This launch will mark Sidus' third satellite deployment within a year, showcasing their rapid growth in developing mission-ready solutions that combine satellite engineering, artificial intelligence, and edge computing.
Sidus Space (NASDAQ: SIDU) marks a significant milestone as its LizzieSat™-1 (LS-1) completes one year in orbit, demonstrating successful operations and revenue generation through advanced software applications. LS-1, a pioneering hybrid 3D printed satellite, represents the first in Sidus' constellation of multi-mission satellites.
The satellite integrates AI-driven hardware and software solutions for enhanced in-orbit autonomy and real-time insights. Through collaboration with NASA Stennis Space Center's ASTRA mission, LizzieSat™ has proven its advanced autonomous system capabilities, supporting critical research for government and commercial applications.
The company is now preparing for the launch of LizzieSat™-3 (LS-3) on SpaceX's Transporter-13 mission in March 2025, marking their third satellite launch within a year. This expansion demonstrates Sidus' commitment to developing mission-ready solutions that transform space-based data into actionable insights for commercial, government, intelligence, and defense applications.
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