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Sidus Space aims to raise $25 million in a public offering.
Sidus Space reported third-quarter revenue of $1.3 million, down 31 percent from $1.9 million in the same period last year.
Sidus Space went public in 2021, making Carol Craig one of the first female founders to lead a space-based company through an IPO.
Sidus Space plans to launch additional satellites later 2024.
Sidus Space plans to launch two more LizzieSats by the end of the year to support a data-as-a-service business line.
Sidus Space successfully launched and deployed its first LizzieSat earlier 2024.
Sidus Space plans to launch LizzieSat-2 and LizzieSat-3 on future SpaceX Rideshare missions.
Sidus Space plans to expand both military and commercial customer bases to provide customized intelligence for industries including defense, agriculture, maritime, and oil and gas.
Sidus Space completed launch processing of LizzieSat at the Astrotech Space Operations facility at Vandenberg Space Force Base in California.
Sidus Space plans to launch its satellite LizzieSat-1 on SpaceX’s Transporter-10 mission from Vandenberg Space Force Base, California in March 2024.
Sidus Space plans to deploy LizzieSat satellites over the next two years.
In February, Sidus Space raised $5,200,000 from stock sales to support LizzieSat.
Sidus Space plans to launch its first LizzieSat on a SpaceX Transporter mission later 2023 and has contracted with SpaceX for four additional flights.
Sidus Space intends to generate recurring revenue streams from new customers as the company builds its LizzieSat constellation using hyperspectral and multispectral capability.
Sidus Space expects to deploy its first 100-kilogram LizzieSat satellites in 2023 from the International Space Station and via SpaceX rideshare missions.
Sidus Space raised $5,200,000 from the stock market on 2023-02-02 to support the LizzieSat constellation.
Less than a year after receiving $15,000,000 from its initial public offering, Sidus Space entered into a stock purchase agreement on 2022-08-10 enabling it to raise up to $30,000,000 of additional equity.
LizzieSat-1, the maiden flight of Sidus Space’s multi-mission satellite constellation, is expected to launch in 2023 into a mid-inclination Low Earth Orbit from Cape Canaveral, Florida.
Sidus Space Chief Technology Officer Jamie Adams supports using NASA‑level processes to increase confidence that design decisions will result in mission success.
Sidus Space was approved to execute LizzieSat mission operations from the Sidus Mission Control Center in Merritt Island, Florida.