Core Viewpoint - Sidus Space, Inc. has announced a best-efforts offering of 10,800,000 shares of its Class A common stock at a price of $1.50 per share, aiming to raise approximately $16.2 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering is expected to close on December 29, 2025, subject to customary closing conditions [2]. - ThinkEquity is acting as the sole placement agent for the offering [2]. - The shares will be offered under a shelf registration statement filed with the SEC, and a final prospectus supplement will be made available [2]. Group 2: Company Overview - Sidus Space is an innovative space and defense technology company that provides flexible and cost-effective solutions, including satellite manufacturing, AI-driven data solutions, and hardware manufacturing [4]. - The company operates a 35,000-square-foot facility for manufacturing, assembly, integration, and testing, located on Florida's Space Coast [4]. - Sidus Space serves a diverse clientele, including government, defense, intelligence, and commercial sectors globally [4].

Group 1 - Sidus Space, Inc. has successfully closed a public offering of 19,230,800 shares of its Class A common stock at a price of $1.30 per share, generating approximately $25 million in gross proceeds [1][2] - The net proceeds from the offering will be allocated towards sales and marketing, operational costs, product development, manufacturing expansion, and general corporate purposes [2] - ThinkEquity acted as the sole placement agent for this offering [2] Group 2 - The securities were offered under a shelf registration statement on Form S-3, which was filed with the SEC on July 26, 2023, and declared effective on August 14, 2023 [3] - A final prospectus supplement and accompanying prospectus related to the offering have been filed with the SEC and are available on the SEC's website [3] Group 3 - Sidus Space is an innovative space and defense technology company that provides flexible and cost-effective solutions, including satellite manufacturing, AI-driven data solutions, and space hardware manufacturing [5] - The company operates a 35,000-square-foot facility for manufacturing, assembly, integration, and testing, strategically located on Florida's Space Coast [5]

Core Insights - Sidus Space has been awarded a contract under the Missile Defense Agency's SHIELD program, which has a total ceiling of $151 billion, aimed at enhancing defense capabilities [1][2][5] - The SHIELD program is part of the Golden Dome missile defense strategy, focusing on multi-domain protection against various threats [2][5] - The contract allows for rapid delivery of innovative capabilities, leveraging AI/ML technologies and digital engineering practices [4][5] Company Positioning - This contract strengthens Sidus Space's position as a trusted partner in the defense sector, enhancing its trajectory towards next-generation solutions for multi-domain operations [5] - The company combines advanced technologies, vertical integration, and mission expertise to meet complex national security requirements [3][5] - Sidus Space is committed to supporting U.S. and allied defense communities with technologies that improve readiness and resilience against emerging threats [5][6] Technological Focus - The SHIELD contract emphasizes the use of AI/ML applications and agile processes in the development and sustainment of defense capabilities [4] - Sidus Space offers a range of solutions including satellite manufacturing, AI-driven data solutions, and defense hardware manufacturing [6]

Core Insights - Sidus Space reported its financial results for Q3 2025, highlighting a strategic pivot towards new commercial models and a focus on operational efficiencies [1][2]. Financial Highlights - Revenue for Q3 2025 was $1.3 million, a decrease of 31% from $1.9 million in Q3 2024, attributed to a shift away from legacy services [4]. - Cost of revenue increased to $2.6 million, up 42% from Q3 2024, due to higher satellite and software depreciation, as well as increased material and labor costs [4]. - Gross loss was $1.3 million compared to a profit of $38 thousand in Q3 2024, primarily due to increased satellite depreciation and reduced contributions from legacy high-margin services [4]. - Selling, general, and administrative (SG&A) expenses rose to $4.3 million from $3.2 million in Q3 2024, driven by headcount growth and operational scaling [4]. - Net loss for the quarter was $6.0 million, compared to a loss of $3.9 million in Q3 2024 [4]. Operational Highlights - The company appointed Lawrence Hollister as Chief Business Officer to drive strategic growth and market expansion [5]. - Sidus Space completed the delivery of additional hardware enclosures for the Mobile Launcher 2 and successfully executed two capital raises to fund key technology initiatives [5]. - The design for the FeatherEdge™ 248Vi was completed, advancing AI/ML processing for space and defense applications [5]. - A contract was signed to integrate the Lonestar Commercial Pathfinder Mission on LizzieSat®-5 [5]. Cash Position - As of September 30, 2025, the cash position was $12.7 million, down from $15.7 million a year earlier [4]. Strategic Focus - The company is focused on aligning spending with near-term revenue milestones, identifying operational efficiencies, strengthening intellectual property, and expanding global partnerships [2].

Core Insights - VORAGO Technologies has announced a collaboration with Sidus Space to validate and advance its next-generation microcontroller technology through the Alpha Customer Program [1][2][3] Company Overview - VORAGO Technologies specializes in radiation-hardened semiconductor solutions for space, defense, and industrial markets, utilizing proprietary HARDSIL® technology [2][9] - Sidus Space is an innovative company focused on space and defense technology, offering solutions such as satellite manufacturing and AI-driven data solutions [11] Collaboration Details - The partnership aims to accelerate the development and deployment cycles for Sidus' next-generation platforms while providing VORAGO with real-world performance feedback [3][6] - Sidus Space will receive early access to product samples, software support, and direct technical collaboration with VORAGO's engineering team [5][6] Strategic Importance - The Alpha Customer Program is a strategic initiative by VORAGO to engage with industry leaders during early product development stages, ensuring alignment with market needs [4][6] - This collaboration is expected to enhance the resilience of Sidus' platforms in harsh environments and support the strategy to shorten development cycles while increasing performance [6][7] Future Outlook - The project will progress through defined milestones, including joint design reviews and integration efforts, with the goal of entering production next year [5][6] - The collaboration marks the beginning of a strategic effort to deliver advanced radiation-hardened compute solutions for the next era of space infrastructure and exploration [8]