Sidus Space, Inc. develops space and defense technology for satellite manufacturing, technology integration, mission operations, AI-enabled space-based data, and hardware manufacturing. Company news commonly covers the LizzieSat satellite platform, hosted payload integrations, on-orbit mission milestones, and products such as the Fortis command and data handling system for space and defense applications.
Updates also include customer and collaboration activity, payload work for orbital data storage and imaging missions, financial results, equity offerings, and balance-sheet actions. The company serves government, defense, intelligence, commercial space, aerospace, and related markets through satellite platforms, payload hosting, engineering services, and proprietary space and defense hardware.
Sidus Space (NASDAQ: SIDU) expanded its agreement with Lonestar Data Holdings to build and deliver an additional StarVault orbital data storage payload. The amendment broadens Sidus' role in supporting the world's first commercially operational space-based sovereign data storage service and advances StarVault from early missions toward sustained commercial deployment.
Sidus is building the first StarVault payload, scheduled to launch no earlier than fall 2026 aboard LizzieSat-4 (LS-4); the additional payload increases the planned StarVault network and reflects Lonestar's scaling progress.
Lonestar (SIDU) launched StarVault, billed as the world's first commercial space-based sovereign data storage platform, and amended its agreement with Sidus Space to procure a second orbital payload. The first payload is scheduled to launch in October 2026 aboard LizzieSat-4; a second payload is targeted for 2027.
StarVault pairs cryptographic key escrow with off-planet storage to increase capacity, redundancy, and orbital coverage for governments, financial institutions, and critical infrastructure customers.
Sidus Space (NASDAQ: SIDU) reported full-year 2025 results and business updates on April 1, 2026. Total revenue was approximately $3.4M, down ~28% year-over-year, while cost of revenue rose to $9.1M, driven by higher depreciation from LizzieSat fleet expansion. Net loss widened to $29.5M and cash increased to $43.2M following equity raises. Operationally, Sidus launched LizzieSat-3, demonstrated on-orbit AI processing, expanded contracts including a Lonestar manufacturing agreement now valued at $120M, and secured a ten-year MDA SHIELD IDIQ with a $151B ceiling.
Sidus Space (NASDAQ: SIDU) will host its fourth quarter and full year 2025 financial results conference call on March 31, 2026 at 5:00 PM ET. The live call and webcast will be available with replay through April 7, 2026, and the webcast archive will remain online for three months.
Dial-in numbers, international access, replay PIN, and the webcast link are provided for investors and analysts to participate.
Sidus Space (NASDAQ: SIDU) and HEO USA announced successful on-orbit imagery from HEO USA's Holmes Mk1 camera hosted on Sidus's LizzieSat-3, captured over Victoria, Australia on March 5, 2026. The images validate integrated multi-sensor performance, with sub-5-meter resolution and confirmed spacecraft subsystem stability after bus-level commissioning.
LizzieSat-3 will continue sensor calibration and software updates as Sidus begins delivering on a subscription data service contract with HEO while advancing toward full multi-mission activation.
Sidus Space (NASDAQ: SIDU) signed a Memorandum of Understanding with Simera Sense on Feb 10, 2026 to collaborate on AI‑enabled hyperspectral imaging with onboard processing.
The partnership will combine Simera Sense xScape optics with Sidus FeatherEdge hardware and Cielo AI software to enable near‑real‑time, in‑orbit analytics and reduced ground processing latency for commercial, civil, and defense customers.
Maris-Tech (NASDAQ: MTEK) payload will fly aboard Sidus Space's LizzieSat-4 after the two companies completed an integration milestone and moved from planning to active hardware testing on Jan. 26, 2026. Sidus and Maris-Tech will begin payload hardware testing next week, then integrate the payload onto LizzieSat-4 ahead of a planned launch later this year. The mission will demonstrate Maris-Tech's edge computing and video processing in orbit using the LizzieSat modular platform.
Sidus Space (NASDAQ: SIDU) announced the appointment of aerospace executive Kelle Wendling to its Board of Directors effective January 5, 2026. Wendling brings more than three decades of leadership in space systems, ISR, and government contracting, including senior roles at L3Harris and oversight of a business segment exceeding $1.5 billion in annual revenue.
The company also said Dana Kilborne and Cole Oliver concluded board service effective January 1, 2025, and Tiffany Norwood was named Chair of the Audit Committee. The appointment is intended to support Sidus' scaling of space and defense offerings and AI-enabled solutions.
Sidus Space (Nasdaq: SIDU) announced the closing of a best-efforts public offering of 10,800,000 shares of Class A common stock at $1.50 per share, generating approximately $16.2 million in gross proceeds on Dec 29, 2025. ThinkEquity acted as sole placement agent.
The company intends to use net proceeds for sales and marketing, operational costs, product development, manufacturing expansion, and working capital and general corporate purposes. The securities were offered under an effective Form S-3 shelf registration (File No. 333-273430) with a final prospectus supplement filed with the SEC.
Sidus Space (NASDAQ: SIDU) priced a best-efforts offering of 10,800,000 shares of Class A common stock at $1.50 per share, generating expected gross proceeds of approximately $16.2 million before fees and expenses.
The company intends to use net proceeds for working capital and general corporate purposes. The offering is expected to close on December 29, 2025, subject to customary closing conditions, with ThinkEquity acting as sole placement agent. The securities are being offered under a shelf registration statement on Form S-3 (File No. 333-273430) declared effective August 14, 2023; a final prospectus supplement will be filed with the SEC.