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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.

Rhea-AI Summary
Sidus Space (NASDAQ: SIDU) appoints Leonardo Riera as Chair of the Board of Directors and promotes Jared Novick to COO. Riera brings 35 years of experience in investment banking and fund management. Novick led Sidus' acquisition of Exo-Space and has experience in government work and cybersecurity. CEO Carol Craig will focus on commercial development strategy. Five near-term launches of LizzieSats planned for Q1 and Q2 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
management
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Rhea-AI Summary
Sidus Space secures position on SpaceX's Bandwagon mission, reallocating two LizzieSats. This increases the missions contracted with SpaceX to ten. The new orbits and enhanced AI capabilities will add value and expand potential customer base. Launch of maiden LizzieSat scheduled for February 2024. Sidus granted extension to regain compliance on Nasdaq Capital Market until March 11, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.29%
Tags
none
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Rhea-AI Summary
Sidus Space plans to reallocate two LizzieSats to a Bandwagon mission with SpaceX, increasing data revenue. The updated schedule targets a first launch in Q1 2024 followed by two LizzieSats on a Bandwagon mission in Q2 2024. The inclusion of additional sensors and enhanced AI capabilities adds value to the launches and develops new high-margin business lines. The Company expects to have five LizzieSats on orbit in its constellation by Q3 2024, increasing the amount of data that can be collected for sale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.29%
Tags
none
Rhea-AI Summary
Sidus Space (NASDAQ: SIDU) has been granted an additional 180 days to regain compliance with NASDAQ's Minimum Bid Price Requirement. If the closing bid price of Sidus's Class A common stock is at least $1 per share for 10 consecutive business days by March 11, 2024, NASDAQ will confirm compliance. Failure to demonstrate compliance will result in delisting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
none
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Rhea-AI Summary
Sidus Space (NASDAQ: SIDU) announces agreement with HEO to incorporate Holmes Imager on LizzieSat missions in Q2 2024, expanding data services. Positive for stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.29%
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none
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Rhea-AI Summary
Sidus Space (NASDAQ: SIDU) CEO to speak at The World Satellite Business Week in Paris
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.47%
Tags
conferences
Rhea-AI Summary
Sidus Space acquires Exo-Space, expanding its offerings in the AI sector and Earth and Space Observations services market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
-
Rhea-AI Summary
Sidus Space, Inc. announces its financial results for Q2 2023. Gross margin nearly doubles to 37% YoY, while higher-margin satellite revenue increases by 126% YoY. The company is developing an advanced hybrid 3D printed satellite constellation and has secured partnerships with new and existing customers. Total operating expenses increased due to the expansion of the company's staff. Sidus reported revenue of $1.4 million for Q2 2023 and had $7.9 million in cash as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.8%
Tags
-
Rhea-AI Summary
Sidus Space (NASDAQ: SIDU) announces the release of its 2023 second quarter financial results on August 14, 2023, with a conference call and webcast scheduled for August 15, 2023 at 9:00 am Eastern Time. The company will provide a business update during the event, and interested individuals can access the call through a dial-in replay or an online archive of the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.32%
Tags
conferences earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
conferences
Sidus Space Inc

Nasdaq:SIDU

SIDU Rankings

SIDU Stock Data

14.38M
3.78M
12.56%
8%
Telecommunications Resellers
Information
Link
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