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 (NASDAQ: SIDU), a space mission enabler company, has scheduled its first quarter 2025 financial results conference call for Thursday, May 15, 2025, at 5:00 p.m. Eastern Time. Investors can join via U.S. toll-free number (1-877-269-7751) or international number (+1-201-389-0908). A webcast will also be available.
For those unable to attend, a replay will be accessible until May 29, 2025, at 11:59 P.M. ET through dedicated dial-in numbers. Additionally, an online archive of the webcast will remain available for three months on the company's investor relations website.
Sidus Space and Saturn Satellite Networks have signed a Memorandum of Understanding to develop the next-generation SBN-X satellite platform. The collaboration focuses on creating a low-cost, high-performance geostationary (GEO) satellite solution.
Under the agreement, Sidus Space will provide critical support including:
- Assembly, Integration, and Testing at Cape Canaveral facilities
- Satellite subcomponent acquisition
- Mechanical component engineering and manufacturing services
The SBN-X platform will deliver affordable GEO satellite communications featuring a 5kW analogue payload and 100Gbps high-throughput digital payload system. This partnership aims to expand market access and enhance both companies' capabilities in supporting emerging GEO communications needs.
Sidus Space (NASDAQ: SIDU) has received a Notice of Allowance for its U.S. Patent Application No. 17/828,233, focused on a System for a Modular Satellite Testing Platform. The patent covers structural elements of the LizzieSat® Satellite, with three satellites currently in orbit.
The innovation introduces a modular approach to satellite command and data processing, enabling operators to configure system components based on mission requirements. This technology aims to improve processing efficiency, enhance redundancy, and simplify payload integration.
The company maintains a strong intellectual property portfolio comprising 13 granted U.S. patents, 1 allowed patent application, 6 pending U.S. patent applications, and 5 patent applications pending internationally.
Sidus Space (NASDAQ: SIDU) has announced a new near real-time vessel detection and classification capability powered by its LizzieSat® satellite platform. This advancement comes through a strategic partnership with Little Place Labs (LPL), formed in January 2025.
The solution processes data directly onboard LizzieSat® through the Sidus Orlaith™ AI Ecosystem, which includes FeatherEdge™ edge computing hardware and OrbitfyEdge software. The system aims to provide vessel detection and classification within one hour of satellite observation, while also cross-referencing AIS data to identify illegal activities like piracy or illegal fishing.
Each LizzieSat® satellite features the proprietary Orlaith™ AI Ecosystem with FeatherEdge™ onboard edge computer and Cielo™ software. Initial deployments will target high-density maritime corridors, with plans for expansion as more satellites launch.
Sidus Space (NASDAQ: SIDU) has signed a Memorandum of Understanding (MOU) with Berlin-based Reflex Aerospace GmbH to establish a U.S.-based joint venture. The agreement, signed at the 40th Space Symposium on April 9, 2025, aims to deliver integrated satellite platforms for commercial, defense, and government customers.
The partnership will combine Sidus' expertise in mission operations, technology integration, and advanced manufacturing with Reflex's rapid satellite development capabilities. The joint venture will focus on:
- Multi-orbit missions in LEO, MEO, and small GEO
- In-Orbit Demonstration and Validation campaigns
- Advanced space applications including LIDAR and software-defined radio
Sidus will provide integration facilities in Cape Canaveral, Florida, contributing proprietary systems including the Orlaith™ AI Ecosystem, FeatherEdge™ hardware, Cielo™ software, and VPX OBC computer systems.
Sidus Space (NASDAQ: SIDU) has expanded and moved forward with a preliminary agreement valued at approximately $120 million with Lonestar Data Holdings. The partnership focuses on designing, building, and providing on-orbit support for six lunar data storage spacecraft based on Sidus' LizzieSat® platform.
The collaboration aims to advance secure, resilient data solutions beyond Earth, with Sidus overseeing design, payload integration, launch planning, and on-orbit support. The lunar spacecraft will provide secure, redundant data storage for mission-critical information in deep space.
Carol Craig, CEO of Sidus Space, emphasized the contract's significance in demonstrating LizzieSat® platform's scalability for lunar missions. Chris Stott, Founder and CEO of Lonestar, highlighted the partnership's role in revolutionizing data storage and disaster recovery in space following recent test flight successes.
Sidus Space (NASDAQ: SIDU) reported its full-year 2024 financial results, marking a transition from space manufacturing to a space technology and AI company. The company now has three LizzieSat satellites in orbit, with LizzieSat-3 launched in March 2025 at 45% lower cost than the initial satellite.
Key financial metrics for 2024:
- Revenue decreased 22% to $4.7 million
- Gross profit declined to a loss of $1.5 million
- Net loss increased to $17.5 million
- Cash balance improved to $15.7 million
Notable achievements include raising $37 million in funding, receiving FCC approval for a micro constellation in LEO, completing critical design review for LizzieSat NL, and launching the Sidus Orlaith™ AI ecosystem capable of 100 Trillion Operations per Second. The company also established strategic partnerships and expanded its physical presence with a West Coast office.
Sidus Space (NASDAQ: SIDU) has secured a new purchase order from a leading research and development organization in Asia, marking its entry into the Asian market. The six-week research, design, and development project will focus on modifying the company's FeatherEdge™ Gen-2 platform to achieve 30 Gbps data transfer speeds between customer hardware and FeatherEdge™.
The initiative showcases Sidus' Orlaith™ AI ecosystem, which features advanced space-based AI and edge computing capabilities. FeatherEdge™ processes critical sensor data onboard satellites and transmits only essential information, reducing transmission costs while improving mission responsiveness and operational efficiency. The technology supports various applications, including situational awareness, autonomous satellite operations, cloud computing, and defense analytics.
Sidus Space (NASDAQ: SIDU), a space mission enabler company, has scheduled its fourth quarter and full year 2024 financial results conference call for March 31, 2025, at 5:00 p.m. Eastern Time. Investors can access the call through U.S. Toll-Free (+1-877-269-7751) or International (+1-201-389-0908) numbers.
A replay of the call will be available until April 14, 2025, accessible via U.S. Toll-Free (+1-844-512-2921) or International (+1-412-317-6671) numbers with replay pin 13748500. The webcast will remain available online for three months at investors.sidusspace.com.
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