Sidus Space, Inc. is an aerospace and space technology company specializing in providing satellite services, advanced technology solutions, and space-related products
The company focuses on the development and deployment of satellite systems that enable a range of applications, including Earth observation, communication, and scientific research. By leveraging innovative engineering and design, Sidus Space aims to enhance access to space and improve operational efficiency for its clients in various sectors, including government, commercial, and academic institutions.
Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced that LizzieSat™-3 has arrived at Vandenberg Space Force Base in California to begin spacecraft integration in preparation for its scheduled launch and deployment into low Earth orbit no earlier than the first quarter of 2025 as part of the Transporter-13 rideshare mission with SpaceX.
Sidus Space (NASDAQSIDU), an innovative and agile space mission enabler, today announced the appointment of Adarsh Parekh as its new Chief Financial Officer, effective January 27, 2025.
Sidus Space (NASDAQSIDU), an innovative and agile space mission enabler, today announced a year of significant achievements in 2024, marking a period of transformative growth and strategic milestones. With key launches, groundbreaking partnerships and expanding customer relationships, we believe Sidus is well-positioned to continue delivering innovative solutions and scalable data services in 2025.
Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced the successful launch and deployment of LizzieSat™-2 into low Earth orbit as part of the Bandwagon-2 rideshare mission with SpaceX, which launched on December 21, 2024 from Vandenberg Space Force Base in California.
Liftoff of the Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, LizzieSat™-2 is targeted for December 21, 2024 from Vandenberg Space Force Base in California as part of the Bandwagon-2 rideshare mission with SpaceX. Live mission updates will be available on X (formerly Twitter) @SpaceX.
Sidus Space, Inc. (NASDAQSIDU) (the "Company" or "Sidus"), an innovative, agile space mission enabler, today announced the closing of its brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of shares of Class A common stock (each a “Common Share”) (or pre-funded warrants (each a “Pre-funded Warrant”) in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of $2.07 per unit, for aggregate gross proceeds of approximately $14.1 million, before deducting fees and offering expenses.
Sidus Space, Inc. (NASDAQSIDU) (the "Company" or "Sidus"), an innovative, agile space mission enabler, today announced that it has entered into definitive securities purchase agreements dated December 17, 2024 with accredited and institutional investors for the issuance and sale of units consisting of shares of Class A common stock (each a “Common Shares”) (or pre-funded warrants (“Pre-funded Warrants”) to purchase in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of shares of Class A common stock (or Pre-funded Warrants) of the Company at a price of $2.07 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately $14 million, before deducting fees and offering expenses.
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The space battery market is expanding swiftly as improved batteries meet the high-demand needs of space missions with superior energy density, safety, and lightweight performance. The progress of orbital and space exploration presents a substantial market potential for the space battery industry. The need for dependable energy storage solutions is at an all-time high due to increased exploration missions by governmental organizations like NASA and ESA, as well as ambitious projects by private companies such as SpaceX and Blue Origin. These groups are not just centered on sending satellites into orbit but also taking part in exploring the moon and Mars. As these efforts increase, the demand for space batteries that are both efficient and long-lasting, able to endure harsh conditions in outer space, becomes crucial. According to a recent industry report from Introspective Market Research, the Space Battery Market Size Was Valued at USD 3.66 Billion in 2023, and is Projected to Reach USD 6.56 Billion by 2032. The report said: “The market for space batteries is an exciting and quickly growing sector in the energy storage industry, set to be crucial in upcoming space exploration endeavors. Fueled by a rise in space missions from government agencies and private companies, this market is seeing unparalleled expansion. Space batteries are customized to endure harsh environments, ensuring a consistent, lasting energy supply for spacecraft like satellites, rovers, and space stations. Due to advancements in lithium-ion and solid-state technologies, these batteries now possess greater energy densities and extended service lives, rendering them better equipped to handle the demanding requirements of space exploration.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), FREYR Battery NYSE: FREYNYSEFREY)(NASDAQ: RUNNASDAQRUN, Tesla, Inc. (NASDAQ: TSLANASDAQ), Sidus Space (NASDAQ: SIDUSIDU).
