The Latest Breaking News from Sidus Space

Sidus Space has more than quadrupled investor returns over the past month, but the penny stock remains a high-risk investment in December 2024. Let's see why.

 

Sidus Space, Inc. (NASDAQ:SIDU) signed a memorandum of understanding with Dhruva Space Private Limited to further the commercialization of space technologies and services. Sidus Space and Dhruva Space will explore collaborations to support the missions of the space programs in India and the U.S. through strategic alignment and value-add agreements. The agreement also…

 

 

Sidus Space Inc (NASDAQ:SIDU) has appointed Teresa Burchfield as its Chief Financial Officer, effective April 11, 2022. Burchfield brings over 30 years of finance and accounting experience. Before her appointment with Sidus Space, she had a 19-year tenure with Tupperware Brands Corp (NYSE:TUP), where she served in several key financial and management roles. Burchfield…

Sidus Space Inc (NASDAQ:SIDU) reported a fourth-quarter revenue increase of ~95% year-over-year to $0.52 million. FY21 revenue decreased by 22% Y/Y to $1.41 million, and EPS was $0.34 compared to $(0.15) in FY20. Loss from operations increased to $(1.6) million for the quarter versus $363.4 thousand in 4Q20. Net loss was $(2.43)…

Sidus Space Inc (NASDAQ:SIDU) has created a strategic partnership with Red Canyon Software, Inc. to support LizzieSat Constellation of 100 Satellites. Deal terms were not disclosed. Red Canyon, based in Denver, Colorado, is an engineering and software development company that provides cutting-edge technology to help government agencies and customers explore space and other…