---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-017019"
form_type: "8-K"
ticker: "SIDU"
cik: "0001879726"
company_name: "Sidus Space Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:39:36.994980+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sidus Space Q1 revenue up 26% to $2.26M; satellite revenue doubles; raises $11.2M

## Summary
- Revenue $2.26M (+26% YoY); satellite revenue more than doubled to $1.0M+.
- Gross profit $896K (40% margin); operating expenses $3.54M.
- Cash $2.8M at Mar 31; subsequent equity offering raised ~$11.2M gross proceeds.
- Awarded follow-on NASA ASTRA contract and $2.5M TNO lasercom agreement.
- Updated SpaceX agreement for four additional Transporter missions in 2024-2025.

## SEC filing metadata
- accession: 0001493152-23-017019
- form_type: 8-K
- ticker: SIDU
- cik: 0001879726
- company_name: Sidus Space Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879726/000149315223017019/0001493152-23-017019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879726/000149315223017019/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-017019
- JSON: https://secwatch.observer/filing/0001493152-23-017019.json
- Plain text: https://secwatch.observer/filing/0001493152-23-017019.txt

## Key facts
- Earnings Releases
  Sidus Space Inc. reported first quarter ended March 31, 2023 results: revenue $2,263,627.
  - Period: first quarter ended March 31, 2023
  - Revenue: $2,263,627
  - Result: reported results
  source text: launches over the next 24 months. “ said Carol Craig, Founder and CEO of Sidus Space. Financial Highlights for the quarter Ending March 31, 2023 ● Revenue increased to $2,263,627 for the quarter ended March 31, 2023, compared to $1,799,335 for the same period in 2022. Revenue growth of 26% is primarily attributable to more than doubling satellite revenue,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879726/000149315223017019/0001493152-23-017019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.