Sidus Space(SIDU) - 2024 Q3 - Quarterly Results

Exhibit 99.1 SIDUS SPACE REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE ● Q3 2024 revenues of $1.9 million, 90% increase year-over-year ● Q3 2024 gross profit of $38,000, 140% increase year-over-year ● Q3 2024 EBITDA loss of $2.5 million, 33% improvement year-over-year ● Q3 2024 selling, general, and administrative expenses of approximately $3.2 million, 15% decrease year-over-year ● Successfully raised $7 million in public offering ● Company selected to build 6 satellite Lunar co ...