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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. (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) has launched its innovative Multi-Material 3D Printing Division, utilizing advanced engineering and 3D printing services to manufacture satellite components. The company's use of MarkForged X7 printers and OnyxFR-A material has resulted in the creation of lightweight, strong satellite parts. Sidus Space has also introduced a 'digital warehouse' database for storing parts, offering customers the ability to print manufacturer-approved digital parts with ease. The Multi-Material 3D Printing Division specializes in composite materials, including Nylon Onyx, Onyx FR-A, Carbon Fiber (CF), Fiberglass, and Kevlar, further solidifying Sidus Space's position as pioneers in the space and advanced manufacturing sectors.
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Sidus Space (NASDAQ: SIDU) has secured an agreement with ASPINA, a Japanese technology company, to host a payload mission onboard the Company’s upcoming LizzieSat™ mission with SpaceX in the second quarter of 2025. The agreement aims to demonstrate ASPINA's reaction wheel technology, crucial for controlling the attitude of small satellite constellations without the need for rockets or external torque applications. ASPINA is scaling up production to meet the growing demands of the small satellite sector.
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Sidus Space (SIDU) regains compliance with Nasdaq minimum bid price requirement, subject to Mandatory Panel Monitor for one year
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Sidus Space (SIDU) achieves critical AI and hardware contract milestones as it prepares for the launch of its satellite constellation in March 2024. Notable recent achievements include successful delivery of an engineering unit supporting methane detection, day-in-the-life testing for hardware, and the launch of a beta-version vessel detection platform. Future plans include delivering FeatherBox flight units to support methane detection and conducting essential ground testing of pre-processing algorithms for NIR and SWIR sensors.
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Sidus Space (SIDU) has received a Tier 1 remote sensing license from NOAA for its upcoming LizzieSat™ satellite, granting it Panchromatic (PAN) and Shortwave Infrared (SWIR) imaging capabilities. This approval allows Sidus to collect and distribute high-quality satellite data for government and commercial customers, supporting applications such as marine traffic monitoring, illegal fishing detection, methane emission tracking, and crop production analysis. The satellite is expected to launch in March 2024 and operate for four years.
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Sidus Space (NASDAQ: SIDU) concludes 2023 with remarkable achievements, preparing for the launch of LizzieSat™ in Q1 2024. The company achieved significant milestones, expanded services, secured new customers, and completed testing for launch on SpaceX Transporter-10. Sidus also secured new contracts, partnerships, and MOUs, expanded mission-critical hardware manufacturing, and advanced technology through acquisitions and agreements. The company anticipates high margin revenue growth, increased focus on LEO and Lunar opportunities, and additional satellite launches in 2024.
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Sidus Space (NASDAQ: SIDU) has completed environmental testing of LizzieSat ahead of its upcoming launch on SpaceX’s Transporter-10 mission. The satellite is now being prepared for shipment to the launch site, with a focus on mission operations in anticipation of launch. The upcoming LizzieSat launch is expected to drive high-margin revenue streams through the sale of data and payloads on future missions, with customers including NASA, Mission Helios, Automatic Identification Systems (AIS) data customers, and multispectral imagery consumers for detection of methane gas and vegetative stress.
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Sidus Space (NASDAQ: SIDU) strengthens its intellectual property position with the newly granted '028 patent, showcasing its commitment to advancement in aerospace and defense manufacturing. The groundbreaking Electromagnetic Interference (EMI) Filter Unit technology is expected to secure exclusivity until at least September 1, 2041, marking a paradigm shift in cockpit gauge stability. With a growing patent portfolio, Sidus Space solidifies its position as a leader in cutting-edge aerospace manufacturing and technology.
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Sidus Space, Inc. (NASDAQ:SIDU) announces a 1-for-100 reverse stock split of its issued and outstanding shares of common stock to bring the company into compliance with Nasdaq's minimum bid price requirement. The reverse stock split will be effective on December 19, 2023, with the trading symbol remaining as 'SIDU'.
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Sidus Space (SIDU) is integrating AI/ML into its space technology offerings to enhance satellite technology and expand solutions for customers. The company has successfully integrated AI hardware and software into its LizzieSat™ satellite design, allowing for tailored solutions and the processing of geospatial data more effectively. The addition of AI capabilities is a big step forward for Sidus, creating solutions for customers and internal value for the company's own satellites. The integration with the ESRI platform offers highly customized analytics for customers.
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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

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SIDU Stock Data

39.66M
8.52M
3.9%
12.08%
Aerospace & Defense
Radiotelephone Communications
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United States of America
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