Highest-materiality recent filing
Sidus Space appoints Alan Khalili as CFO effective July 27, 2026
Alan Khalili appointed CFO effective July 27, 2026, succeeding interim CFO John Burke.
Sidus Space raises $170M, advances Fortis VPX commercialization, joins Russell indexes
Raised approximately $170M over past six months to strengthen balance sheet and accelerate commercialization.
Sidus Space stockholders approve equity plan increase, reject evergreen provision at annual meeting
All six director nominees elected; Carol Craig, Jeffrey Shuman, Tiffany Norwood, Kelle Wendling, Leonardo Riera, Lavanson Coffey III each received >11.4M for votes.
Sidus Space prices $100M registered direct offering of common stock and pre-funded warrants
Gross proceeds ~$100M; 16,485,038 shares at $5.08 and 3,200,001 pre-funded warrants at $5.0799 each.
Sidus Space Q1 revenue up 51% YoY to $359K; net loss improves 19% to $5.2M
Revenue $359K (+51% YoY); gross loss improved 36% to $1.1M; net loss $5.2M (-19%).
Sidus Space raises $58.5M in registered direct offering of common stock and pre-funded warrants
Pricing: 11,228,700 shares + 2,225,000 pre-funded warrants at $4.35 per share equivalent.
Sidus Space FY2025 revenue $3.4M, net loss $29.5M; cash triples to $43.2M
Revenue $3.4M, down 28% YoY; gross loss $5.7M vs $1.5M prior year; margin -168%.
Sidus Space enters ATM equity facility for up to $100M with ThinkEquity
ATM sales agreement with ThinkEquity LLC allows sales of up to $100M of Class A common stock.
Sidus Space appoints Kelle Wendling to board; two directors resign
Cole Oliver and Dana Kilborne resigned from Sidus board effective Jan 1, 2026, for personal reasons.
Sidus Space prices $16.2M registered direct offering of 10.8M shares at $1.50/sh
Offering of 10,800,000 Class A common shares at $1.50 per share; gross proceeds ~$16.2M.
Sidus Space prices 19.23M share offering at $1.30 for ~$25M gross proceeds
Priced public offering of 19,230,800 shares of Class A common stock at $1.30 per share.
Sidus Space Q3 revenue down 31% to $1.3M; net loss widens to $6.0M
Revenue $1.3M (-31% YoY); net loss $6.0M vs. $3.9M loss in Q3 2024.
Offering of 9.8M shares at $1.00 per share, expected gross proceeds $9.8M, closing Sept 16, 2025.
Sidus Space Q2 revenue up 36% to $1.3M; net loss widens to $5.6M; cash at $3.6M
Revenue $1.3M (+36% YoY); gross loss $(1.0)M vs $(841K) loss in Q2 2024.
Sidus Space prices public offering of 7.1M shares at $1.05 for ~$7.5M gross
Offering of 7,143,000 shares of Class A common stock at $1.05 per share.
Sidus Space appoints Tiffany Norwood to Board of Directors, effective July 15, 2025
Tiffany Norwood appointed as director effective July 15, 2025; term continues to next annual meeting.
Sidus Space announces annual meeting results; all six director nominees elected
All six director nominees (Craig, Shuman, Kilborne, Oliver, Riera, Coffey III) elected to board until 2026.
Sidus Space board reduces stockholder meeting quorum to one-third of outstanding shares
Board approved amendment to Bylaws reducing quorum from majority to one-third (33.33%) of shares outstanding entitled to vote.
Sidus Space Q1 2025 revenue drops 77% YoY to $238k; net loss widens to $6.4M
Revenue $238k vs $1.05M in Q1 2024, down 77% due to pivot from legacy services.
Sidus Space FY2024 revenue down 22% to $4.7M, net loss widens to $17.5M
Revenue $4.7M (down 22% YoY); gross loss $1.5M vs profit $1.6M in 2023.
Sidus Space CEO Carol Craig base pay raised to $400k, effective Feb 1
Base annual salary increased from $325,000 to $400,000, a $75,000 raise.
Sidus Space appoints Adarsh Parekh as CFO, effective Jan 27, 2025
Salary $325,000, annual bonus up to 40% of base, and 25,000 RSUs vesting over three years.
Sidus Space terminates CFO Bill White without cause; Controller Burchfield named interim CFO
CFO Bill White terminated without cause on January 10, 2025.
Sidus Space raises $14M via private placement of shares and warrants
Gross proceeds of ~$14M from sale of 6,799,892 shares/pre-funded warrants and 3,399,946 common warrants at $2.07/unit.
Sidus Space Q3 revenue $1.9M (+90% YoY), net loss $3.9M, closes $7M offering
Q3 2024 revenue $1.9M (+90% YoY); gross profit $38K (140% improvement); EBITDA loss $2.5M (33% improvement).
Sidus Space selected to build six lunar data storage spacecraft for Lonestar
Sidus to build six LizzieSat lunar spacecraft for Lonestar for data storage and disaster recovery.
Sidus Space appoints former Airbus US Space & Defense executive Lavanson Coffey to board
Lavanson C. 'LC' Coffey III appointed as independent director effective August 27, 2024.
Sidus Space Q2 2024 revenue down 32% YoY to $930K; net loss $4.1M
Revenue $930K, down $440K (32%) YoY due to timing of milestone payments; cost of revenue up 105% to $1.8M.
Sidus Space appoints former L3Harris CHRO Jeffrey Shuman to board
Appointed Jeffrey Shuman as independent director effective July 8, 2024.
Sidus Space annual meeting results: directors elected, auditor ratified, equity plan approved
All five director nominees elected; Carol Craig received 1,714,436 for, 0 against, 69,835 abstain.
Sidus Space Q1 2024 revenue down to $1.1M, net loss $3.8M; launched first LizzieSat
Revenue $1.1M, down ~$1.2M YoY from $2.3M; gross margin fell to 8% from 40%.
Sidus Space dismisses BF Borgers as auditor after SEC sanctions; hires Fruci & Associates
Effective May 3, 2024, Sidus Space dismissed BF Borgers CPA PC as independent auditor.
Sidus Space reports FY2023 revenue $6.0M, net loss $14.3M; launches first LizzieSat
Revenue $6.0M, down 18% YoY from $7.3M; gross margin improved to 28% from 20%.
Sidus Space closes $7.9M public offering of 1.32M shares at $6.00/share
1,321,000 shares at $6.00 each; gross proceeds $7.9M, net ~$7M for working capital and general corporate purposes.
Sidus Space appoints Bill White as CFO effective Feb. 20, 2024
Bill White appointed CFO, effective Feb. 20, 2024; succeeds Teresa Burchfield who steps down but stays as advisor.
Sidus Space closes underwritten public offering raising $4.8M net proceeds
Offering of 1,181,800 shares of Class A common stock plus 69,900 pre-funded warrants at $4.50/share.
Sidus Space appoints Richard J. Berman to Board of Directors effective Jan 18, 2024
Richard J. Berman appointed as non-independent director; term continues to next annual meeting.
Sidus Space regains Nasdaq minimum bid price compliance; delisting risk removed
Received Nasdaq notification on Jan 8, 2024 that closing bid price ≥ $1.00 for 10 consecutive days.
Sidus Space implements 1-for-100 reverse stock split to address Nasdaq bid price compliance
Reverse split effective 4:01 PM ET Dec 19; trading on split-adjusted basis begins Dec 20.
Sidus Space amends revenue loan, extends maturity to Dec 9, 2024
First Amendment to Revenue Loan and Security Agreement with Decathlon Alpha IV, L.P. and Carol Craig.
Sidus Space Q3 revenue down 25% to $986K; satellite revenue up 135% YoY
Revenue $986K vs $1.32M YoY; gross loss $96K (negative 10%) vs $86K loss (negative 7%).
Nasdaq to delist Sidus Space; bid price below $0.10 for 10 days; hearing planned
Nasdaq notified Sidus on Nov 7, 2023, that bid price was $0.10 or less for 10 consecutive trading days.
Sidus Space eliminates CTO role; Adams steps down and resigns from board
Jamie Adams stepped down as CTO on Oct 24, 2023, and resigned from the board on Oct 29, 2023.
Sidus Space raises $2M via convertible preferred and warrant offering; board declassified
Gross proceeds $2M from registered direct offering of 2,000 Series A Convertible Preferred shares, convertible into ~19.7M common shares at $0.10152/share.
Sidus Space board approves classified board structure with three classes
On Sept 28, 2023, board approved amendment to bylaws creating three separate classes of directors.
Sidus Space granted additional 180 days to regain Nasdaq minimum bid price compliance
Received notice on March 14, 2023 that bid price of Class A common stock (SIDU) had closed below $1.00 for 30 consecutive days.
Sidus Space acquires Exo-Space edge AI assets for $468k cash plus stock options
Acquisition closed Aug 21, 2023; total cash consideration ~$468,000.
Sidus Space Q2 gross margin surges to 37% from 19% YoY; satellite revenue +126%
Total revenue $1.4M, down from $1.8M YoY, due to timing of fixed-price milestone contracts.
Sidus Space increases authorized Class A common stock from 100M to 200M shares
Stockholders at June 28 annual meeting approved increase to 200M shares from 100M.
All five director nominees (Carol Craig, Jamie Adams, Dana Kilborne, Cole Oliver, Leonardo Riera) elected with over 104M votes each.
On July 22, 2026, Sidus Space, Inc. (the “Company”) appointed Alan Khalili as Chief Financial Officer, effective July 27, 2026.
On January 14, 2025, Adarsh Parekh was appointed as Chief Financial Officer of the Company, effective January 27, 2025.
On January 10, 2025, Sidus Space, Inc. (the “Company”) terminated the employment of Bill White, the Company’s Chief Financial Officer, without cause pursuant to Section 6.1 of the employment agreement dated February 6, 2024 between the Company and Mr. White.
Teresa Burchfield, the Company’s Controller and former Chief Financial Officer, will take over Mr. White’s duties on an interim basis until a successor Chief Financial Officer can be appointed.
On August 27, 2024, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) appointed Lavanson C. “LC” Coffey III as a director, effective immediately, for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.
On July 8, 2024, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) appointed Jeffrey Shuman as a director, effective immediately, for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.
On February 6, 2024, Bill White was appointed as Chief Financial Officer of Sidus Space, Inc. (the “Company”), effective February 20, 2024.
In addition, on February 6, 2024, Teresa Burchfield, the Chief Financial Officer of the Company informed the Company of her intention to step down from her position
On January 18, 2024, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) appointed Richard J. Berman as a non-independent director, effective immediately, for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.
Mr. Adams resigned as a member of the Board of Directors of the Company.
Jamie Adams stepped down from his position as Chief Technology Officer.
On April 5, 2023, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) increased the size of the Board to six members and elected Leonardo Riera as an independent director and named him Lead Independent Director, effective immediately for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.
Max materiality 0.90 · Median 0.65 · Most common event other_material