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 reported small but growing revenue of $359,372 for the three months ended March 31, 2026, up from $238,494 a year earlier, mainly from manufacturing, space-related services, and AI products. Cost of revenue of $1.41M produced a gross loss of $1.05M, while operating expenses of $4.42M led to a net loss of $5.21M versus $6.41M in 2025.
Cash declined to $27.35M from $43.18M as operating and investing uses exceeded financing inflows, though the company fully repaid its $8.21M asset-based loan. Total assets were $51.59M and stockholders’ equity $47.36M. After quarter-end, Sidus completed a registered direct equity offering raising about $53.92M and announced a CFO transition effective June 1, 2026.
Sidus Space, Inc. reported first quarter 2026 results showing higher revenue, improved margins and a smaller loss while advancing its satellite programs. Revenue reached $359,372 for the quarter ended March 31, 2026, up 51% from Q1 2025, driven by new contracts including Lonestar Data Holdings and Teledyne Marine.
Cost of revenue declined to $1.4 million, improving the gross loss to $1.05 million from $1.63 million a year earlier. Net loss narrowed to $5.21 million, a 19% improvement from Q1 2025, and adjusted EBITDA loss was $4.63 million versus $4.67 million.
Cash was $27.3 million as of March 31, 2026 with no outstanding term debt, and a subsequent best-efforts registered direct offering generated $58.5 million in gross proceeds, further strengthening liquidity. Operationally, the company delivered initial imagery from LizzieSat-3, advanced multiple customer payloads, finalized next-generation spacecraft computing platforms, and announced a planned CFO transition effective June 1, 2026.
Sidus Space Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 3,759,744 shares of Common Stock, representing 5.66% of the class as of 03/31/2026. The filing shows sole voting power for 399,319 shares and sole dispositive power for 3,759,744 shares, with holdings reported on behalf of Vanguard funds and managed accounts.
Sidus Space Inc. received a joint Schedule 13G disclosing beneficial holdings by Citadel entities and Kenneth Griffin. Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC each report 3,071,391 shares (3.8%); Citadel Securities-related entities report 139,037 shares (0.2%); and Kenneth Griffin reports 3,210,428 shares (4.0%).
The percentage calculations are based on 80,756,044 Shares outstanding, reflecting (i) 67,302,344 shares outstanding as of April 17, 2026, (ii) 11,228,700 shares issued in a public offering on April 21, 2026, and (iii) 2,225,000 shares issued on exercise of warrants; holdings are reported as of the opening of market on April 28, 2026.
Sidus Space, Inc. is asking stockholders to vote at its June 18, 2026 annual meeting on four main items. Stockholders will elect six directors, ratify Fruci & Associates II, PLLC as auditor for 2026, and consider two changes to the 2021 Omnibus Equity Incentive Plan.
The company seeks to increase the Class A share reserve under the plan to 4,800,000 from 800,000 and add an evergreen provision that, beginning January 1, 2027, can automatically increase the reserve each year by up to 5% of shares outstanding or a smaller amount set by the board.
The proxy describes board independence, committee structure, executive and director pay, employment agreements for CEO Carol Craig and CFO Adarsh Parekh, auditor fees, and current ownership, including 80,764,854 Class A shares and 100,000 Class B shares outstanding as of April 28, 2026.
Sidus Space is offering 11,228,700 shares of Class A common stock and 2,225,000 pre-funded warrants. The shares are offered at a public offering price of $4.35 per share and the pre-funded warrants are priced at $4.3499 each.
The offering is being conducted on a best-efforts basis with ThinkEquity as exclusive placement agent; net proceeds are estimated at approximately $53.7 million after placement agent fees and estimated expenses. The pre-funded warrants are immediately exercisable at an exercise price of $0.001 per share and include ownership limitations tied to 4.99% or 9.99% beneficial ownership thresholds.
Sidus intends to use net proceeds for working capital and general corporate purposes and may use a portion for potential in-licensing, acquisitions, or investments. Delivery of the securities is expected on or about April 21, 2026.
Sidus Space, Inc. entered into a placement agency agreement and priced a registered direct offering of 13,453,700 shares of Class A common stock (or pre-funded warrants) at $4.35 per share, for expected gross proceeds of about $58.5 million.
The structure includes 11,228,700 common shares and pre-funded warrants to purchase up to 2,225,000 shares at an exercise price of $0.001 per share, sold off an effective Form S-3 shelf. Sidus plans to use net proceeds for working capital and general corporate purposes.
ThinkEquity acts as sole placement agent, earning a 6.5% cash fee and expense reimbursement up to $125,000, plus placement agent warrants to buy up to 672,685 shares at $5.4375 per share, exercisable immediately for five years.
Sidus Space, Inc. files its annual report describing a growing space and defense technology business that remains deeply loss-making. The company reported a net loss of $29,474,304 for 2025, up from $17,524,056 in 2024, and warns it expects future losses and may need substantial additional funding.
Sidus manufactures and operates LizzieSat® small satellites, AI-enabled edge computing platforms like FeatherEdge™ and Fortis™ VPX, and space and defense hardware from its Florida facility. It has launched three LizzieSat satellites since 2024, expanded a Lonestar lunar contract to $120 million, and holds multiple U.S. government and defense awards.
As of December 31, 2025, Sidus employed 99 full-time staff and had 66,419,852 Class A and 100,000 Class B shares outstanding. The aggregate market value of non‑affiliate equity was $31,493,756 based on a $1.73 share price as of June 30, 2025.
Sidus Space reported weaker 2025 financial results while significantly strengthening its balance sheet. Full-year revenue was about $3.4 million, down 28% from 2024 as the company shifted toward higher-margin satellite manufacturing, data, and technology lines built around its LizzieSat fleet.
Cost of revenue rose to roughly $9.1 million, driving a gross loss of about $5.7 million and a sharply negative gross margin of 168%. Operating expenses reached approximately $22.3 million, including a $4.5 million non-cash impairment tied to LizzieSat-1, contributing to a wider net loss of about $29.5 million versus $17.5 million in 2024. Adjusted EBITDA loss increased to roughly $17.3 million.
Despite larger losses, Sidus ended 2025 with about $43.2 million in cash, up from $15.7 million, and working capital of roughly $35.7 million, supported by equity capital raises. Management highlighted milestones such as the launch of LizzieSat-3, on-orbit AI demonstrations, expanded government and defense contracts, and an enlarged patent portfolio as foundations for future, higher-margin satellite and data revenues.