Sidus Space Q3 revenue $1.9M (+90% YoY), net loss $3.9M, closes $7M offering

Sidus Space Inc.

2024-Q3 EPS reported -$3.21 revenue$3,846,683

Q3 2024 revenue $1.9M (+90% YoY); gross profit $38K (140% improvement); EBITDA loss $2.5M (33% improvement).
Net loss $3.9M vs $4.1M in Q3 2023; SG&A down 15% to $3.2M.
Selected to build 6 satellite lunar constellation for Lonestar Data Holdings; FCC approval for LEO micro constellation.
Closed public offering of 5.6M shares at $1.25/share for gross proceeds of $7.0M.

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