Sidus Space, Inc. filings document the company's space and defense technology business, operating results, governance matters, capital structure, and material corporate events. Form 8-K reports include financial results and business updates tied to LizzieSat operations, hosted payload activity, AI-enabled space-data capabilities, satellite manufacturing, mission services, and space and defense hardware.
Sidus filings also cover material agreements, at-the-market and registered equity offering arrangements, shelf registration activity, Class A common stock and warrant-related disclosures, and Nasdaq-listed security matters. Proxy materials address annual meeting proposals, board elections, shareholder voting mechanics, and executive and governance disclosures, while periodic-report notices and related filings document reporting status and annual-report timing.
Sidus Space Inc. (SIDU) reported that Tiffany Norwood resigned from its board, as Audit Committee Chairwoman, and as a member of the Corporate Governance/Nominating Committee, effective October 6, 2026 at 7:15 p.m. ET. Kelle Wendling resigned from the board and from the Audit, Compensation, and Corporate Governance/Nominating Committees, effective October 6, 2026 at 1:00 p.m. ET.
Sidus Space (SIDU) expanded its board from five to six directors and appointed Larry G. Swets, Jr. as a director effective October 5, 2026. The board also appointed him to the Audit Committee and designated him as its financial expert. His service continues until the 2027 annual meeting of stockholders, or until a successor is elected and qualified or his earlier death, resignation or removal.
Sidus Space Inc. (SIDU) said Jeffrey Shuman notified its Board of Directors on September 28, 2026, that he was retiring from the Board. The company stated that his decision was not related to a disagreement about its operations, policies or practices.
Sidus Space, Inc. reported second quarter 2026 results showing a much stronger balance sheet but continued operating losses. Cash rose to $166.5 million at June 30, 2026 from $43.2 million at year-end 2025, driven mainly by $146.2 million of common stock unit issuance and $1.8 million of warrant exercises. The asset-based loan liability of $8.2 million at December 31, 2025 was fully repaid, and total liabilities fell to $6.0 million, while stockholders’ equity increased to $188.8 million.
Operations remain loss-making. Total revenue for the quarter was $583,096, down from $1.26 million a year earlier, with a negative gross profit of $0.63 million. Selling, general and administrative expenses were $5.1 million, leading to a net loss of $4.8 million, improved from a $5.6 million loss in 2025. Adjusted EBITDA was a loss of $5.1 million versus a $3.9 million loss in the prior-year quarter. Net interest income turned positive following repayment of the asset-based loan and higher cash balances from April and May 2026 offerings.
Sidus Space, Inc. reported Q2 2026 results showing a much stronger balance sheet but continued operating losses. Cash rose to $166.5 million at June 30, 2026 from $43.2 million at year-end 2025, driven primarily by two registered direct offerings that together generated about $146.2 million in net proceeds. The company also fully repaid its asset-based loan, reducing total liabilities to $6.0 million from $15.5 million.
Operating performance remains challenged. Q2 2026 revenue was $583,096, down 54% from $1.26 million a year earlier, and first-half 2026 revenue fell 37% to $942,468. Gross margin stayed negative, though the gross loss narrowed versus 2025. Selling, general and administrative expenses increased to $5.1 million in Q2, and the company posted a Q2 net loss of $4.8 million and a first-half loss of $10.0 million, both improved versus 2025. Strong first-half interest income of $1.1 million partly offset operating losses due to the larger cash balance.
Sidus continues to invest heavily in satellite platforms (LizzieSat®), AI-enabled edge computing (Orlaith™, FeatherEdge™, Fortis™ VPX), and mission operations, increasing property and equipment to $20.3 million. Management highlights new government and defense contracts, technology partnerships, and ongoing development of next-generation satellites and AI hardware as key drivers for future growth.
Vanguard Capital Management, together with certain affiliates, reports beneficial ownership of 4,126,792 shares of Sidus Space Inc. common stock, representing 4.24% of the class as of June 30, 2026.
Vanguard has sole voting power over 523,773 shares and sole dispositive power over all 4,126,792 shares, with no shared voting or dispositive power. The position aggregates securities held by Vanguard-managed funds and client accounts where these entities exercise voting and/or dispositive authority, and excludes holdings of other Vanguard affiliates whose ownership is disaggregated. No other single person has an interest in more than 5% of the Sidus Space shares reported.
BlackRock, Inc. reported beneficial ownership of Class A stock of Sidus Space Inc. as of June 30, 2026. BlackRock and its reporting business units beneficially owned 6,479,638 shares, representing 6.7% of the Class A stock. They held 6,361,289 shares with sole voting power and 6,479,638 shares with sole dispositive power, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no individual client is reported to hold more than five percent of Sidus Space’s outstanding common shares.
Sidus Space Inc. filed a Form 3 identifying Chief Financial Officer Khalili Alan as a reporting person for the company’s securities.
The statement reports no equity or derivative holdings and no purchase, sale, exercise, gift, or other insider transactions, with all reported transaction and holding counts at zero.
Sidus Space appointed Alan Khalili as Chief Financial Officer, effective July 27, 2026, under an employment agreement dated July 22, 2026. He brings more than two decades of executive financial experience across space, satellite, and technology companies, including prior public-company CFO roles and co-founding a space-based aviation-surveillance data platform.
Under the agreement, he receives a $450,000 annual base salary, an annual discretionary bonus opportunity of 50% of base salary, and a restricted stock unit for 50,000 Class A shares that vests upon specified conditions. If the agreement is not renewed, is terminated without cause, or he resigns for Good Reason, he is entitled to six months of base-salary severance, increasing to twelve months if his employment ends after July 27, 2027. Khalili will lead all financial operations, including planning, accounting, treasury, investor relations support, internal controls, compliance, and capital allocation, succeeding interim CFO John Burke as the company emphasizes its next phase of growth in space and defense technologies.