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 space and defense technology company whose news flow reflects its activities in satellite manufacturing, AI-enabled space-based data solutions, and defense-related programs. Company announcements frequently highlight developments around its LizzieSat® satellite platform, capital markets transactions, and participation in government and commercial initiatives.
Recent news releases describe successful commissioning milestones for LizzieSat-3, including bus-level commissioning and the activation of autonomous navigation software. Sidus Space has reported that LS-3 supports multiple customer payloads and delivers AI-driven, on-orbit sensor data processing through the Orlaith AI Platform powered by FeatherEdge edge computing. News items also note that the satellite’s sensor suite includes high-resolution imaging systems and an Automatic Identification System (AIS) payload that receives maritime vessel data in near real time.
Sidus Space’s news feed also covers defense and government contract activity. The company has announced that it is one of the contract awardees under the Missile Defense Agency’s SHIELD IDIQ program, associated with the Golden Dome defense strategy, and has described its role in providing mission-ready, integrated technologies across multiple domains. Another strand of coverage involves a subcontractor role with MobLobSpace under a NASA SBIR award, where Sidus contributes spacecraft integration expertise and constellation scaling analysis for a space-based radar system hosted on LizzieSat.
In addition, Sidus Space regularly issues releases on equity offerings and corporate governance updates, including best-efforts public offerings of its Class A common stock under an effective Form S-3 shelf registration statement, board appointments, and changes to board committee leadership. Investors and observers who follow SIDU news can use this page to review announcements related to satellite deployments, AI and data capabilities, defense contracts, NASA-linked projects, financing transactions, and board-level changes.
Sidus Space, Inc. (NASDAQ: SIDU) has successfully fabricated the first set of hardware for NASA's Artemis Program, specifically Umbilical Quick Disconnects for the Environmental Control System on the Universal Stage Adapter. The delivery was approved by NASA for umbilical testing at Kennedy Space Center. As a subcontractor to Dynetics, under Leidos (NYSE: LDOS), Sidus Space continues to expand its role in critical space programs, capitalizing on increasing orders and solidifying its position in the Space-as-a-Service sector.
Sidus Space, Inc. (NASDAQ:SIDU) reported its strongest revenue quarter in partnership with Teledyne Marine, following noteworthy growth in Q2 2022. The companies continue to collaborate since the signing of a two-year master supply agreement in July 2019. Sidus will now manufacture components for Teledyne’s facilities in Massachusetts, Texas, and Florida, expanding their relationship. CEO Carol Craig highlighted the increased trust and product quality that contributes to their success. Sidus Space specializes in Space-as-a-Service solutions and aims to provide scalable satellite services.
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Sidus Space (NASDAQ:SIDU) announced that its CEO, Carol Craig, will speak at two major events: the International Space Convention in Bursa, Turkey, from September 9-11, and the World Satellite Business Week in Paris, France, from September 12-16. These events gather industry leaders to discuss trends and strategies in the global space sector. Sidus Space, which focuses on Space-as-a-Service solutions, recently went public via an IPO, making Craig the first female founder of a publicly traded space company.
Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company, has partnered with Collins Aerospace to secure NASA's Exploration Extravehicular Activity (xEVAS) services contract. This program, valued at up to $3.5 billion through 2034, will focus on developing new spacesuit capabilities for NASA’s International Space Station and Artemis missions. As a major subcontractor, Sidus aims to play a vital role in the design and manufacturing of these technologies, enhancing its revenue opportunities through strategic partnerships.
Sidus Space (NASDAQ: SIDU) has successfully completed the Phase 1 Safety Review with NASA for its LizzieSat project on June 2, 2022. This significant milestone aims to identify hazards associated with satellite packaging and deployment as part of the ISS Commercial Cargo Resupply Program. Conducted with NASA ISS experts, the review enables Sidus to incorporate necessary engineering controls in the next design phase, enhancing safety and robustness for its Space-as-a-Service offerings. This review is the first of three phases needed to advance the LizzieSat project.
Sidus Space (NASDAQ:SIDU), a satellite company, announced that CEO Carol Craig will be a panelist at the Financial Times “Investing in Space” summit on June 9 in London. The panel will discuss financing perspectives from Venture Capitalists and SMEs. The summit aims to explore the maturation of the commercial space business and investment opportunities. Last December, Sidus Space listed its Class A common stock on NASDAQ, with Craig becoming the first female founder of a publicly traded space company.
Sidus Space (NASDAQ:SIDU) has selected L3Harris Technologies (NYSE:LHX) for its InControl™ and OnTime™ software to manage the LizzieSat™ Constellation. InControl enables comprehensive satellite command and control, while OnTime facilitates mission planning and execution tracking. This collaboration, commencing at the Cape Canaveral facility, aims to optimize operations for over 100 satellites, reducing operational costs significantly. LizzieSats are innovative low Earth orbit microsatellites designed for rapid technology testing and integration, supporting Sidus’s Space-as-a-Service model.
Sidus Space (NASDAQ:SIDU) is set to present at the Emerging Growth Conference on May 25, 2022, at 9:45 AM Eastern. This interactive online event allows investors to engage with Ms. Carol Craig, the company's Founder and CEO. The presentation will focus on Sidus Space's satellite services, including design, manufacture, launch, and data collection. Attendees can register here. An archived webcast will be available afterwards.
Sidus Space, Inc. (NASDAQ:SIDU) announced the successful completion of the Preliminary Design Review (PDR) milestone for NASA’s ASTRA project on May 6, 2022. This collaboration aims to demonstrate autonomous operations for future deep space missions using the LizzieSat-1 satellite, with a planned launch from the ISS in late 2022. Sidus Space is increasing confidence in its systems' interactions while moving towards the Critical Design Review (CDR) in June 2022, focusing on autonomy and real-time assessments for long-duration missions.
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