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. (NASDAQ: SIDU) is a pioneering Space and Defense as-a-Service company, providing a comprehensive range of space-based solutions. This service-disabled veteran-owned small business, also recognized as a woman-owned and Hispanic minority-owned small business, offers scalable and low-cost satellite services that cater to a variety of sectors. Sidus Space specializes in the design, manufacturing, and launching of satellites and spacecraft, providing critical data solutions for both government and commercial missions across the solar system.
The company boasts a robust infrastructure of multi-mission satellites equipped with hyperspectral, multi-spectral, and other advanced sensors. These capabilities allow Sidus Space to deliver monitoring services and innovative solutions to industries such as Commercial Space, Aerospace, Defense, and Underwater Marine, as well as various government entities.
Uniquely positioned as more than just a “satellite-as-a-service” provider, Sidus Space partners with its clients from concept development to execution in low Earth orbit and beyond. Their mission-oriented approach ensures tailored solutions, meeting the precise needs of their customers. The company's recent achievements include successful launches, strategic partnerships, and advancements in satellite technology, underscoring their leadership in the space industry.
With a commitment to excellence and innovation, Sidus Space continues to make significant strides in space hardware development and mission support, driving the future of space exploration and data utility for a variety of sectors.
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Sidus Space (NASDAQ: SIDU) announces the production of LS-2 and LS-3 LizzieSat satellites on schedule for launch. LS-1 is ready for launch, with LS-2 and LS-3 focusing on upcoming milestones. LizzieSat's 3D printed design enhances capabilities with additional payloads and upgraded sensors. Each 220lb satellite is designed for longer on-orbit life and increased functionality.
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Sidus Space (NASDAQ: SIDU) has announced the appointment of Bill White as Chief Financial Officer, effective February 20, 2024. Mr. White brings over 30 years of experience in financial management, operations, and business development. He has previously served as CFO of ProPhase Labs, Inc. and Intellicheck, Inc. Teresa Burchfield will step down as CFO after two years with the Company but will remain in an advisory role to assist with the transition. The CEO expressed gratitude for Burchfield's contributions and looks forward to the future growth and value creation under White's leadership.
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Sidus Space (NASDAQ: SIDU) announced the publication of U.S. Patent Application No. 2023/0406548-A1, enhancing the robust IP portfolio of the LizzieSat™ Modular Satellite Platform System. The patent application seeks protection for the various capabilities of the LizzieSat platform, expected to be launched on SpaceX Transporter 10. With a focus on expanding the earth observation/remote sensing constellation, the company continues to assert its leadership in cutting-edge satellite manufacturing. The filing and publication of the ‘548 patent application reaffirms the Company's commitment to pushing the boundaries of innovation in the satellite technology industry.
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Sidus Space (NASDAQ: SIDU) has been selected by the National Geospatial-Intelligence Agency to provide research and development services as part of the Solis Applied Science, LLC Team. The company expects to actively contribute to RDC activities, focusing on the development, maturation, testing, and integration of R&D concepts into functional prototypes. This aligns with Sidus Space's commitment to pushing the boundaries of space technology and data services.
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Sidus Space, Inc. (SIDU) announced the closing of a public offering of 1,251,700 shares of its Class A common stock at a public offering price of $4.50 per share, resulting in gross proceeds of $5,632,650. The company plans to use the funds for working capital and general corporate purposes. ThinkEquity served as the sole book-running manager for the offering. The offering was made pursuant to an effective shelf registration statement filed with the SEC. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities.
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Sidus Space (NASDAQ: SIDU) has successfully completed the launch processing of LizzieSat™ at the Astrotech Space Operations facility at Vandenberg Space Force Base in California. The satellite has been turned over to SpaceX and is ready for launch on the Transporter-10 mission targeted for March 2024. The satellite is integrated with the Sidus FeatherEdge AI platform for advanced onboard system processing from space-based data sensors. Sidus expects to expand its customer bases in defense, agriculture, maritime, and oil and gas industries. CEO Carol Craig emphasized the significance of LizzieSat's multi-sensor data collection platform, stating that it represents a paradigm shift in utilizing cutting-edge on-orbit satellite technology to provide crucial information to various industries. Sidus Space is actively expanding the LizzieSat™ constellation, with additional satellites already in production for launches in 2024 and beyond.
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Sidus Space, Inc. (SIDU) announced the pricing of an underwritten public offering of 1,251,700 shares of its Class A common stock at a public offering price of $4.50 per share, resulting in gross proceeds of $5,632,650. The net proceeds will be used for working capital and general corporate purposes. The offering is expected to close on February 1, 2024, and ThinkEquity is acting as the sole book-running manager for the offering.
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Sidus Space, Inc. (SIDU) announces an underwritten public offering of its Class A common stock and/or pre-funded warrants. The company expects to use the net proceeds for working capital and general corporate purposes. The offering is subject to market conditions, and the underwriter may be granted an option to purchase additional shares. Interested parties should read the preliminary prospectus supplement and accompanying prospectus for more information.
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Sidus Space (NASDAQ: SIDU) announces the arrival of its LizzieSat™ satellite at Vandenberg Space Force Base, California, marking a significant milestone as it gears up for its inaugural mission. The satellite's primary mission involves coincident data collection via multiple sensors to support agriculture, maritime, and oil and gas industries. The integration of advanced sensors and AI capabilities positions LizzieSat as a pioneering force in the realm of space-based data collection. The mission also holds a pivotal role in delivering essential data payloads for NASA and Mission Helios, contributing valuable insights to further scientific endeavors.
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Sidus Space (NASDAQ: SIDU) has appointed Richard J. Berman as a non-independent Director, effective January 18, 2024. Berman brings over 35 years of venture capital, senior management, and merger & acquisitions experience. He has served as a director and/or officer of over a dozen public and private companies in the last five years. Currently, he is the director of six public companies. Over the last decade, he has served on the board of six companies that have reached over one billion dollars in market value. Sidus CEO Carol Craig and Chairman Leo Riera expressed their excitement about Berman's appointment and his potential contribution to the company's growth and profitability.
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FAQ
What is the current stock price of Sidus Space (SIDU)?
The current stock price of Sidus Space (SIDU) is $3.96 as of December 20, 2024.
What is the market cap of Sidus Space (SIDU)?
The market cap of Sidus Space (SIDU) is approximately 39.7M.
What services does Sidus Space, Inc. provide?
Sidus Space offers scalable satellite services, space hardware design, manufacture, launch, and data solutions for government and commercial missions.
What sectors does Sidus Space, Inc. serve?
The company serves sectors including Commercial Space, Aerospace, Defense, Underwater Marine, and various government entities.
Is Sidus Space, Inc. a minority-owned business?
Yes, Sidus Space is a service-disabled veteran-owned, woman-owned, and Hispanic minority-owned small business.
How does Sidus Space, Inc. differentiate itself from other satellite service providers?
Sidus Space stands out by partnering with clients throughout the mission journey, from concept to low Earth orbit and beyond, offering tailored solutions.
What recent achievements has Sidus Space, Inc. accomplished?
Recent achievements include successful satellite launches, strategic partnerships, and advancements in satellite technology.
What types of sensors do Sidus Space's satellites use?
Sidus Space's satellites are equipped with hyperspectral, multi-spectral, and other advanced sensors for comprehensive monitoring services.
What is the mission of Sidus Space, Inc.?
Sidus Space aims to provide comprehensive space-based solutions and support the future of space exploration and data utility.
Can Sidus Space, Inc. support underwater marine missions?
Yes, Sidus Space offers solutions and services for underwater marine missions alongside space, aerospace, and defense sectors.
Where can I find the latest news about Sidus Space, Inc.?
The latest news about Sidus Space, Inc. can be found on their official website and other financial news platforms like StockTitan.
What is the stock symbol for Sidus Space, Inc.?
The stock symbol for Sidus Space, Inc. is SIDU, and it is traded on NASDAQ.
Sidus Space, Inc.
Nasdaq:SIDU
SIDU Rankings
SIDU Stock Data
39.66M
8.52M
3.9%
12.08%
Aerospace & Defense
Radiotelephone Communications
United States of America
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