Sidus Space Inc Stock Price, News & Analysis

Sidus Space (NASDAQ:SIDU) has successfully closed its previously announced best-efforts public offering, selling 9.8 million shares of Class A common stock at $1.00 per share. The offering generated gross proceeds of approximately $9.8 million before deducting placement agent fees and expenses.

ThinkEquity served as the sole placement agent for the offering, which was conducted under a shelf registration statement. The company plans to utilize the net proceeds for working capital and general corporate purposes.

Sidus Space (NASDAQ: SIDU) has appointed Lawrence Hollister as its new Chief Business Officer, effective September 15, 2025. Hollister, who previously served as Head of Growth – Edge Technology at Anduril Industries and Chief Growth Officer at KLAS Government, brings extensive experience in driving revenue growth and scaling operations across defense, aerospace, and intelligence sectors.

Reporting directly to CEO Carol Craig, Hollister will focus on expanding sales channels, accelerating revenue, and scaling Sidus' presence in government and commercial markets. His appointment represents a strategic move to strengthen the company's market position and drive sustainable growth in the space economy.

Sidus Space (NASDAQ:SIDU) has announced the pricing of a public offering of 9.8 million shares of Class A common stock at $1.00 per share, expected to raise approximately $9.8 million in gross proceeds.

The company plans to use the net proceeds for working capital and general corporate purposes. The offering, managed by ThinkEquity as sole placement agent, is expected to close on September 16, 2025. The securities will be offered under a shelf registration statement previously filed with and declared effective by the SEC.

Sidus Space (NASDAQ:SIDU), a space and defense technology company, has announced its intention to conduct a best-efforts public offering of Class A common stock and/or pre-funded warrants. The offering will be conducted through ThinkEquity as the sole placement agent.

The company plans to use the proceeds for working capital and general corporate purposes. The securities will be offered under a shelf registration statement on Form S-3 that was declared effective on August 14, 2023. A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC.

Sidus Space (NASDAQ: SIDU) has successfully commissioned its Automatic Identification System (AIS) sensor aboard LizzieSat®-3. The AIS sensor captures real-time maritime vessel data globally, including ship identification, position, and navigation information.

The company is advancing its strategy by combining multi-sensor satellite data with its FeatherEdge™ onboard AI/ML edge computer to deliver integrated hardware-software-data solutions. This capability enhances the value of the LizzieSat® satellite constellation by providing more comprehensive maritime domain awareness.

As a U.S. satellite manufacturer and space technology provider, Sidus aims to strengthen its market position across defense, commercial, and environmental sectors through this enhanced data fusion capability.

Sidus Space (NASDAQ: SIDU), a space and technology company, has announced its participation in the upcoming World Space Business Week (WSBW) in Paris, France, scheduled for September 15-19, 2025. The event will connect Sidus with over 600 organizations from 60+ countries, providing opportunities for strategic partnerships and technology showcase.

CEO Carol Craig emphasized the event's importance for strengthening international relationships and demonstrating the company's innovative solutions. The conference participation aligns with Sidus Space's strategy to expand its global presence in the space technology sector.

Sidus Space (NASDAQ: SIDU) reported Q2 2025 financial results, showing revenue growth of 36% to $1.3 million compared to Q2 2024. The space technology company reported a net loss of $5.6 million, wider than the $4.1 million loss in Q2 2024, as it invested in strategic initiatives and technology development.

Key operational achievements include completing the commissioning of LizzieSat®-3's ADCS system, fully staffing their 24/7 Mission Operations Center, and receiving a patent for their Modular Satellite Platform. The company also amended its lunar satellite manufacturing contract with Lonestar Holdings, increasing the potential value to $120 million.

The company's cash position strengthened to $3.6 million as of June 30, 2025, compared to $1.4 million a year earlier, supported by a recent capital raise to fund key technology initiatives including the Fortis™ VPX product line.

Sidus Space (NASDAQ: SIDU), a space and defense technology provider, has scheduled its second quarter 2025 financial results conference call for Thursday, August 14, 2025, at 5:00 p.m. ET.

Investors can access the call through U.S. Toll-Free (1-877-269-7751) or International (1-201-389-0908) numbers. A webcast will be available, and a replay can be accessed until August 28, 2025, using the replay pin number: 13755242.

Sidus Space (NASDAQ: SIDU) has announced the successful deployment of SpacePilot, its new autonomous guidance, navigation, and control software, along with the commissioning of the Attitude Determination and Control System (ADCS) on LizzieSat®-3 (LS3).

The SpacePilot software integrates multiple data sources including star tracker, sun sensor, magnetometer, gyroscope, and GPS to enable high-precision orbital control with minimal ground intervention. Key features include real-time attitude determination, stabilization control, fuel-efficient trajectory optimization, autonomous guidance for proximity operations, and adaptive autonomy capabilities.

This milestone enables LS3 to achieve accurate sun-pointing for power generation, stabilize payload orientation, and maintain reliable communications, marking a significant step toward full mission readiness for Sidus's LizzieSat® constellation.