---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041373"
form_type: "8-K"
ticker: "SIDU"
cik: "0001879726"
company_name: "Sidus Space Inc."
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:46:36.375405+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sidus Space Q3 revenue down 25% to $986K; satellite revenue up 135% YoY

## Summary
- Revenue $986K vs $1.32M YoY; gross loss $96K (negative 10%) vs $86K loss (negative 7%).
- Nine-month satellite revenue up 135% YoY; gross margin improved to 28% from 25%.
- Post-quarter, raised ~$2M via registered direct offering on Oct 11, 2023.
- Secured SpaceX Bandwagon launch slot, HEO contract, and $10M IDIQ lunar transport contract.
- Appointed Leonardo Riera as Board Chair, Jared Novick as COO, and Jessica Curry as SVP Supply Chain.

## SEC filing metadata
- accession: 0001493152-23-041373
- form_type: 8-K
- ticker: SIDU
- cik: 0001879726
- company_name: Sidus Space Inc.
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879726/000149315223041373/0001493152-23-041373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879726/000149315223041373/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041373
- JSON: https://secwatch.observer/filing/0001493152-23-041373.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041373.txt

## Key facts
- Earnings Releases
  Sidus Space Inc. reported third quarter ended September 30, 2023 results: revenue $986,000 for the quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Revenue: $986,000 for the quarter ended September 30, 2023
  - Result: reported results
  source text: On November 14, 2023, Sidus Space, Inc. issued a press release announcing a business update and financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879726/000149315223041373/0001493152-23-041373-index.htm

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