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Sidus Space Inc - SIDU STOCK NEWS

Welcome to our dedicated news page for Sidus Space (Ticker: SIDU), a resource for investors and traders seeking the latest updates and insights on Sidus Space.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sidus Space's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sidus Space's position in the market.

News
Sidus Space on Schedule to Launch Next Two LizzieSat Satellites
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.35%
Tags
none
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News
Sidus Space Appoints Bill White as Chief Financial Officer
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
management
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News
Sidus Space Announces Publication of New U.S. Patent Application for LizzieSat™ Platform
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.5%
Tags
none
News
National Geospatial-Intelligence Agency Awards IDIQ Research and Development Contract with $794 Million Ceiling to Solis Applied Science Team, Including Sidus Space
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
Tags
none
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News
Sidus Space Announces Closing of Public Offering
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
Tags
offering
-
News
Sidus Space's Cutting-Edge 3D Hybrid Satellite 'LizzieSat' Ready for Launch
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-44.25%
Tags
none
News
Sidus Space Announces Pricing of Public Offering
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-44.25%
Tags
offering
-
News
Sidus Space Announces Proposed Public Offering
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-44.25%
Tags
offering
-
News
Sidus Space LizzieSat™ Arrives at Vandenberg Space Force Base Ahead of Launch
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
Tags
none
News
Sidus Space Appoints Richard J. Berman to its Board of Directors
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.7%
Tags
management
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Sidus Space Inc

Nasdaq:SIDU

SIDU Rankings

#5269 Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

SIDU Stock Data

14.38M
3.78M
12.56%
8%
Telecommunications Resellers
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United States
Merritt Island

About SIDU

sidus space makes it easy for any corporation, industry or vertical to start their journey off-planet with our rapidly scalable, low-cost satellite services, space-based solutions and testing alternatives. more than just a “satellite-as-a-service” provider, we become your trusted mission partner from concept to low earth orbit and beyond. service-disabled veteran-owned small business woman-owned small business hispanic minority-owned small business