-
Two Sidus Space directors resign Oct 6, citing governance and oversight disputes
Tiffany Norwood resigned from the Board, as Audit Committee Chairwoman and as a Corporate Governance/Nominating Committee member, effective October 6, 2026 at 7:15 p.m. ET.
-
Sidus Space Q2 revenue down 54% to $583K; net loss improves 15% to $4.8M
Revenue $583K, down 54% YoY from $1.3M on timing of fixed-price milestone contracts.
-
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 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 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.
-
Sidus Space prices 9.8M share public offering at $1.00 for $9.8M gross; appoints Lawrence Hollister as CBO
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 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 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 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 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 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 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 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.
-
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 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.