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, Inc. (NASDAQ: SIDU) has announced a strategic partnership with Red Canyon Software, Inc. to develop the LizzieSat™ constellation, comprising 100 LEO microsatellites. These 3D-manufactured 100 kg satellites aim to offer rapid, cost-effective technology testing for various clients. The collaboration will enhance design, integration, and deployment processes. Barry Hamilton from Red Canyon emphasizes the partnership's potential to reduce costs and improve ROI for space entrepreneurs. Sidus Space continues its mission to provide scalable satellite services and innovative space solutions.
Sidus Space, Inc. (NASDAQ:SIDU), a satellite company, has announced the formation of its Board of Directors following its initial public offering on December 14, 2021. The five-member board includes three independent directors, comprising Dana Kilborne, Cole Oliver, Miguel Valero, Jamie Adams, and Carol Craig. The CEO, Carol Craig, emphasized the board's industry expertise to propel the company's mission of offering affordable satellite services. Sidus Space aims to provide comprehensive satellite solutions from design to low Earth orbit.
Sidus Space, Inc. (NASDAQ:SIDU) has appointed Gerry Schaafsma as Chief Sales and Revenue Officer, bringing nearly 30 years of experience in technology sales from companies like AT&T and Nokia. His role will focus on aligning revenue-generating channels to enhance global customer engagement. Jamie Adams, CTO of Sidus, emphasized Schaafsma's diverse market experience as vital for the company's mission to integrate satellite capabilities for various customer needs. Sidus Space operates a 35,000-square-foot facility dedicated to satellite design, manufacture, and launch.
Sidus Space, Inc. (NASDAQ:SIDU) highlights significant milestones from 2021, including the recovery of its External Flight Test Platform via SpaceX's Dragon spacecraft. The name change from Craig Technologies Aerospace Solutions to Sidus Space reflects its expanded Space-as-a-Service offerings. Notable achievements include securing over $5M contracts with NASA and a new Product Pricing Agreement. CEO Carol Craig made history as the first woman founder of a public space-based company. The company aims to launch 100 satellites in 2022 and enhance its cleanroom facilities for growth.
Sidus Space, Inc. (NASDAQ:SIDU) recently announced that CTO Jamie Adams participated in a Zero-G flight demonstration to test Dhruva Space's CubeSat deployer in Florida. This flight aimed to simulate microgravity conditions essential for testing the deployer's spring-loaded mechanisms. The partnership with Dhruva Space, established in 2020, enhances Sidus' capabilities by integrating Dhruva's deployer with Sidus' developing Phoenix Deployer, providing comprehensive CubeSat launch options. The collaboration aims to boost the commercialization of innovative space technologies.
Sidus Space, Inc. (NASDAQ:SIDU) has announced the construction of a new ISO 100,000 cleanroom at its Cape Canaveral facility to enhance the production and testing capabilities for the LizzieSat™ satellite constellation. This state-of-the-art facility will support the assembly and testing of up to six satellites simultaneously, ensuring high-quality standards necessary for space operations. Additionally, Sidus is ramping up production capacity following the awarding of multi-million dollar contracts. The cleanroom will feature advanced HEPA filtration to remove 99.99% of airborne particles.
Sidus Space (NASDAQ:SIDU) has partnered with Kongsberg Satellite Services (KSAT) to provide ground station services for its LizzieSat™ satellite constellation, which aims to launch 100 satellites by late 2022. This partnership enhances Sidus' capabilities by enabling rapid data delivery, improving geolocation data transmission times by 66%. KSAT's KSATlite network supports over 35,000 satellite passes monthly, positioning them as a leader in small satellite operations. This collaboration aims to support commercial and government customers with high-impact data collection and analysis.
Sidus Space (NASDAQ:SIDU) has secured two significant contracts valued at $1 million, one with NASA for the ASTRA program and another with blockchain technology company Mission Helios. The NASA partnership involves integrating autonomous systems for space operations, utilizing the LizzieSat-1 satellite, which is set to launch in late 2022. The contract with Mission Helios aims to develop a blockchain satellite imagery system that will encode images into NFTs. Both contracts mark a key step in advancing the company's capabilities in the rapidly evolving space market.
Sidus Space, Inc. (NASDAQ:SIDU) successfully closed its initial public offering on December 16, 2021, raising $15 million by pricing 3,000,000 shares of Class A common stock at $5.00 per share. The IPO was underwritten by Boustead Securities, LLC, and trading commenced on December 14, 2021. Sidus Space operates from a 35,000-square-foot facility in Cape Canaveral, focusing on commercial satellite services and data analytics. They aim to provide scalable, cost-effective satellite solutions and emphasize their mission of connecting space technology to terrestrial applications.
Sidus Space, Inc. (NASDAQ:SIDU) announced its initial public offering (IPO) of 3,000,000 shares of Class A common stock priced at $5.00 per share, totaling $15,000,000 in gross proceeds. The stock is set to begin trading on December 14, 2021, with the offering closing on December 16, 2021, pending customary conditions. Boustead Securities, LLC serves as the sole underwriter. Sidus Space focuses on commercial satellite services and aims to simplify access to space technologies for various sectors.
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