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) reported Q2 2025 financial results, showing revenue growth of 36% to $1.3 million compared to Q2 2024. The space technology company reported a net loss of $5.6 million, wider than the $4.1 million loss in Q2 2024, as it invested in strategic initiatives and technology development.
Key operational achievements include completing the commissioning of LizzieSat®-3's ADCS system, fully staffing their 24/7 Mission Operations Center, and receiving a patent for their Modular Satellite Platform. The company also amended its lunar satellite manufacturing contract with Lonestar Holdings, increasing the potential value to $120 million.
The company's cash position strengthened to $3.6 million as of June 30, 2025, compared to $1.4 million a year earlier, supported by a recent capital raise to fund key technology initiatives including the Fortis™ VPX product line.
Sidus Space (NASDAQ: SIDU), a space and defense technology provider, has scheduled its second quarter 2025 financial results conference call for Thursday, August 14, 2025, at 5:00 p.m. ET.
Investors can access the call through U.S. Toll-Free (1-877-269-7751) or International (1-201-389-0908) numbers. A webcast will be available, and a replay can be accessed until August 28, 2025, using the replay pin number: 13755242.
Sidus Space (NASDAQ: SIDU) has announced the successful deployment of SpacePilot, its new autonomous guidance, navigation, and control software, along with the commissioning of the Attitude Determination and Control System (ADCS) on LizzieSat®-3 (LS3).
The SpacePilot software integrates multiple data sources including star tracker, sun sensor, magnetometer, gyroscope, and GPS to enable high-precision orbital control with minimal ground intervention. Key features include real-time attitude determination, stabilization control, fuel-efficient trajectory optimization, autonomous guidance for proximity operations, and adaptive autonomy capabilities.
This milestone enables LS3 to achieve accurate sun-pointing for power generation, stabilize payload orientation, and maintain reliable communications, marking a significant step toward full mission readiness for Sidus's LizzieSat® constellation.
Sidus Space (NASDAQ:SIDU) has successfully closed its previously announced best-efforts public offering, selling 7,143,000 shares of Class A common stock at $1.05 per share. The offering generated gross proceeds of approximately $7.5 million before deducting placement agent fees and expenses.
The company plans to utilize the net proceeds for sales and marketing, operational costs, product development, manufacturing expansion, and working capital. The offering coincides with Sidus's recent launch of its dual-use Fortis™ VPX product line featuring integrated AI/ML processing. ThinkEquity served as the sole placement agent for this offering.
Sidus Space (NASDAQ:SIDU), a space and defense technology company, has announced the pricing of a public offering of 7,143,000 shares of Class A common stock at $1.05 per share. The offering is expected to generate gross proceeds of approximately $7.5 million before deducting placement agent fees and expenses.
The company plans to use the net proceeds for working capital and general corporate purposes. ThinkEquity is serving as the sole placement agent for this best-efforts offering, which is expected to close on July 29, 2025. The offering is being conducted under a shelf registration statement previously filed with and declared effective by the SEC.
Sidus Space (NASDAQ:SIDU), a space and defense technology company, has announced a proposed public offering of its Class A common stock and/or pre-funded warrants. The offering will be conducted on a best-efforts basis through ThinkEquity as the sole placement agent.
The company plans to use the proceeds for multiple purposes, including sales and marketing, operational costs, product development, manufacturing expansion, working capital and general corporate purposes. The securities will be offered under a shelf registration statement previously filed with the SEC.
Sidus Space (NASDAQ: SIDU) has unveiled LunarLizzie™, an advanced 800kg-class lunar satellite platform designed for lunar and cislunar missions. The platform integrates cutting-edge technologies including LiDAR, hyperspectral imaging, and AI-powered autonomous navigation.
LunarLizzie™ features the proprietary FeatherEdge™ 248Vi onboard computer and incorporates the Fortis™ VPX architecture for enhanced system redundancy. The platform is designed to provide near real-time lunar terrain intelligence and environmental awareness without relying on Earth-based ground stations.
The spacecraft will be supported by Sidus' Mission Control Center in Merritt Island, Florida, offering 24/7 oversight and global data operations. The entire system will be designed, built, and operated in-house as part of Sidus' vertically integrated space infrastructure ecosystem.
Sidus Space (NASDAQ: SIDU) has appointed Tiffany Norwood, a renowned tech entrepreneur and global business leader, to its Board of Directors. Norwood brings over 35 years of experience in space, telecommunications, digital media, and fintech sectors.
At age 27, Norwood helped raise $700 million for WorldSpace, an early satellite company that launched a global digital radio platform and contributed to XM Radio's development. She has led nine startups with multiple exits and worked in over 50 countries. Currently, she serves as CEO of Tribetan, and co-founder of SimWin Sports and Elfkare. Norwood was named Cornell University's 2022 Entrepreneur of the Year, becoming the first African American woman to receive this recognition.
Sidus Space (NASDAQ: SIDU) announced that CEO Carol Craig represented the company at the 2025 Global Summit of Women in Berlin from July 3-5. As the only U.S. commercial space company at the event, Craig participated in the Women Entrepreneurs Forum, joining global executives and policymakers to discuss high-growth companies.
The Summit gathered over 1,000 leaders from 60+ countries, including government ministers, corporate executives, and entrepreneurs. Craig's participation highlighted Sidus Space's role in space access, AI-driven data, and satellite manufacturing while potentially opening doors for future international partnerships.
Sidus Space (NASDAQ: SIDU) has announced a strategic partnership with VORAGO Technologies to validate and integrate next-generation radiation-hardened microcontroller (MCU) technology through VORAGO's Alpha Customer Program. The collaboration aims to enhance Sidus' space and defense systems with advanced radiation-hardened computing capabilities.
Through this partnership, Sidus will receive early access to VORAGO's new high-performance MCU engineering samples, development tools, and technical support. The companies will work together on joint design reviews, software and hardware integration, and in-system validation, targeting production-ready deployment by 2026.
This collaboration builds upon Sidus' previous use of VORAGO MCUs and aligns with the company's mission to deliver mission-critical solutions for government and commercial sectors. The partnership is expected to accelerate development cycles for Sidus' next-generation platforms while providing VORAGO with real-world performance feedback.