Sidus Space, Inc , a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide.
infoSidus Space is a micro cap stock with a total market cap of 10.59M.
infoThey trade on the NASDAQ and had their IPO 1 year and 8 months ago.
infoSidus Space currently employs 64 people.
infoAs of Wednesday, Aug 23 2023, Sidus Space’s share price is $0.1451.
News Relating to Sidus Space
InvestorPlace
Sidus Space (SIDU) Stock Skyrockets on AI Acquisition News
Tuesday Aug 22 2023 at 13:52
Shares of satellite communications specialist Sidus Space (NASDAQ: SIDU ) – which operates as a Data as a Service enterprise – jumped higher on Tuesday. Undergirding sentiment was management’s announcement of a buyout of Exo-Space, a provider of an analytics platform that leverages artificial intelligence (AI) and machine learning (ML).
Proactive Investors
Midday movers: Febrinet, Sidus Space, Fulcrum, Republic First, Dick’s, Baidu, and more
Tuesday Aug 22 2023 at 13:21
Fabrinet sees record high Fabrinet (NYSE:FN) stock is at a record high, rising over 27% to around US$149, after the manufacturer revealed impressive fourth quarter and full year fiscal 2023 financial results, boosted by growth in its AI datacenter equipment. Read more Sidus Space investors cheer AI acquisition Sidus Space Inc (NASDAQ:SIDU) said it has acquired Exo-Space, a firm specializing in Edge artificial intelligence (AI) software and hardware for space applications.
Proactive Investors
Sidus Space shares rocket on acquisition of edge AI firm Exo-Space
Tuesday Aug 22 2023 at 09:48
Sidus Space Inc (NASDAQ:SIDU) said it has acquired Exo-Space, a firm specializing in Edge artificial intelligence (AI) software and hardware for space applications. The announcement sent the company’s stock soaring, up 30.7% at US$0.21 shortly after the opening bell in New York on Tuesday.
Proactive Investors
Sidus Space progresses in 2Q toward AI-driven LizzieSat constellation launch
Monday Aug 14 2023 at 18:43
Sidus Space Inc (NASDAQ:SIDU) unveiled its financial results for the quarter ended June 30, including significant gross margin growth. Revenue came in at $1.4 million, compared to $1.8 million for the same period in 2022.
Business Wire
Sidus Space to Host Second Quarter 2023 Earnings Call on August 15th at 9:00 a.m. ET
Monday Aug 07 2023 at 08:00
CAPE CANAVERAL, Fla.–(BUSINESS WIRE)–Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, today announced that it intends to release 2023 second quarter financial results on Monday, August 14, 2023, after market close. The Company will host a conference call and webcast of its results and provide a business update at 9:00 am Eastern Time on Tuesday, August 15, 2023. Event: Sidus Space Second Quarter 2023 Earnings Call Date: Tuesday, Augus.
Proactive Investors
Sidus Space awarded subcontract by Parsons for LMSI support
Wednesday Jul 19 2023 at 09:17
Sidus Space Inc (NASDAQ:SIDU) announced that it has been awarded a new subcontract to produce hardware in support of Parsons Corporation’s Launch Manifest Systems Integration (LMSI) contract. The Space and Defense-as-a-Service satellite company said under the terms of the agreement, Sidus Space will fabricate a master harness assembly and test cables for Parsons.
Proactive Investors
Sidus Space taps aerospace veteran for key supply chain role
Tuesday Jul 11 2023 at 10:02
Sidus Space Inc (NASDAQ:SIDU) has appointed aerospace industry veteran Jessica Curry as its Senior Vice President of Supply Chain. The company said with a strong educational background holding a B.S.
Proactive Investors
Sidus Space partners with Lulav Space to launch EBST on SpaceX mission
Thursday Jul 06 2023 at 09:44
Sidus Space Inc (NASDAQ:SIDU) announced that it has partnered with robotics company Lulav Space to research, develop and demonstrate the benefits of Event-based Star Trackers (EBST). The Space and Defense-as-a-Service satellite company said it plans to include the Lulav/Sidus EBST on its fourth planned LizzieSat mission, currently scheduled to launch with SpaceX in June 2024.
PennyStocks
Best Penny Stocks to Buy Under $1? 10 To Watch Now
Thursday Jun 22 2023 at 10:01
Stocks that are priced below $5 per share are typically referred to as penny stocks. However, for the purpose of this article, we will be focusing specifically on penny stocks that are priced under $1.
Proactive Investors
Sidus Space to develop AI-powered space video system with Maris-Tech
Tuesday Jun 20 2023 at 10:59
Sidus Space Inc (NASDAQ:SIDU) said it has entered into an agreement with B2B provider of artificial intelligence (AI) accelerated video solutions for edge platforms Maris-Tech to jointly develop a system for peripheral photography, recording, transmission, and AI for nanosatellites and space tools. The company said the platform will allow cameras in space to take and transmit high-quality videos and still images and implement AI algorithms at the edge in real-time.
PennyStocks
Best Penny Stocks to Buy Under $1? 7 To Watch Now
Friday Jun 16 2023 at 12:48
Typically, we refer to stocks trading for less than $5 per share, as penny stocks. However, for this article, we’re focusing specifically on penny stocks under $1.
PennyStocks
Penny Stocks To Buy? 4 To Watch With Big News Now
Thursday Jun 15 2023 at 23:02
Are you on the hunt for the next big thing? Ready to catch the wave before it crests?
Proactive Investors
Sidus Space to launch hyperspectral, multispectral imaging and Edge AI in its LizzieSat satellite
Wednesday Jun 07 2023 at 08:16
Sidus Space Inc (NASDAQ:SIDU) said it will launch hyperspectral and multispectral imaging and Edge Artificial Intelligence (AI) in its LizzieSat satellite on SpaceX Transporter missions beginning in 2024. LizzieSat’s industry-leading technology will be provided by the Owl 1280 and Hawk 1920 HD cameras made by Raptor Photonics.
Forbes
In Dialogue: Sidus Space Founder And CEO And Navy Veteran Carol Craig On Breaking Glass Ceilings And The Future Of Space, Part 2
Tuesday Jun 06 2023 at 08:15
I recently had the pleasure of speaking with Sidus Space founder and CEO Carol Craig—who has broken multiple glass ceilings in two different historically male-dominated
Proactive Investors
Sidus Space wins added manufacturing deal to support NASA Space Launch System and Artemis moon program
Friday Jun 02 2023 at 10:11
Sidus Space Inc (NASDAQ:SIDU) revealed that it has been awarded an additional hardware manufacturing subcontract to support the National Aeronautics and Space Administration (NASA) Space Launch System (SLS), an American super heavy-lift rocket, which is the powerful launch vehicle for the Artemis moon landing program. The program’s name is derived from Artemis, the Greek goddess of the moon and twin sister to Apollo.
PennyStocks
Best Penny Stocks To Buy Now? 4 to Watch Under $5 This Week
Thursday May 18 2023 at 12:07
Penny stocks to watch under $5. The post Best Penny Stocks To Buy Now?
Proactive Investors
Sidus Space executes deal with Leaf Space for boosting ground station coverage
Wednesday May 17 2023 at 10:36
Sidus Space Inc (NASDAQ:SIDU) revealed that it has executed a major service agreement with ground station network operator Leaf Space, which will result in over 5,000 additional monthly ground station passes. Leaf Space operates a globally distributed network of ground stations, empowering satellite operators to communicate with their spacecraft in a flexible way.
Zacks Investment Research
Sidus Space, Inc. (SIDU) Reports Q1 Loss, Tops Revenue Estimates
Monday May 15 2023 at 11:26
Sidus Space, Inc. (SIDU) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.14 per share a year ago.
Proactive Investors
Sidus Space sees 1Q revenue surge 26% as satellite sales more than double
Monday May 15 2023 at 09:35
Sidus Space Inc (NASDAQ:SIDU) announced that its first-quarter 2023 revenue rose 26% year over year to $2,263,627, which the company attributed mainly to the more than doubling of its satellite revenue as the business segment begins to mature. The Space and Defense-as-a-Service satellite firm also said it ended the quarter with $2.8 million in cash as of March 31, 2023.
Proactive Investors
Sidus Space to build satellite hardware for Airbus OneWeb Satellites
Thursday May 11 2023 at 09:35
Sidus Space Inc (NASDAQ:SIDU) said it has been picked to design and manufacture machined parts for satellite maker Airbus OneWeb Satellites (AOS), a joint venture between Airbus and OneWeb. The parts will be used for AOS’s Arrow commercial small satellites.
Proactive Investors
Sidus Space hails delivery of valuable data from its EFTP after space flight
Friday May 05 2023 at 09:19
Sidus Space Inc (NASDAQ:SIDU) has announced the successful completion of what it called a “ground breaking” space flight mission involving its External Flight Test Platform (EFTP). The Space and Defense-as-a-Service satellite company said in November 2019, twelve 3D-printed ceramic samples were sent to the International Space Station (ISS) aboard the Sidus Space EFTP, in which the ceramic samples were then exposed to space weather and radiation environment for about 260 days in support of a study performed by Alfred University.
Proactive Investors
Sidus Space signs MOU with Lulav Space for guidance navigation and control solution for lunar missions
Tuesday May 02 2023 at 11:33
Sidus Space Inc (NASDAQ:SIDU) said it will be providing a complete guidance navigation and control solution (GN&C) for lunar satellite and lunar lander missions after signing a memorandum of understanding with an Israeli robotics company specializing in space applications, Lulav Space. Through the partnership, the two companies will offer a robust GN&C suite to support all lunar missions from launcher separation in LEO through trans-lunar injection, lunar capture, lunar orbiting, and landing phase with touchdown on the lunar surface.
Proactive Investors
Sidus Space says Exo-Space hardware delivered for LizzieSat integration and testing
Friday Apr 28 2023 at 09:26
Sidus Space Inc (NASDAQ:SIDU) told investors that edge computing company Exo-Space has delivered hardware that it will integrate and test in preparation for the upcoming launch aboard the company’s LizzieSat satellites. The company explained that Exo-Space’s FeatherEdge Data Processing Platform will be integrated into its hybrid 3D-printed satellite.
Proactive Investors
Sidus Space and SkyServe sign MOU for real-time analytics
Monday Apr 24 2023 at 09:41
Sidus Space Inc (NASDAQ:SIDU) announced it has signed a memorandum of understanding (MOU) with SkyServe, allowing it to provide its customers with real-time onboard analytics. SkyServe is an in-space edge computing solutions provider that offers satellite-based insights through its Insights-as-a-Service platform, Sidus said.
InvestorPlace
Why Is Sidus Space (SIDU) Stock Down 29% Today?
Friday Apr 21 2023 at 09:30
Sidus Space (NASDAQ: SIDU ) stock is losing ground on Friday after the company announced details of a public offering of its shares. The public stock offering has Sidus Space offering up 30,303,030 shares of SIDU stock.
Proactive Investors
Sidus Space lauches underwritten public offering to raise gross proceeds of around $10M
Friday Apr 21 2023 at 08:06
Sidus Space Inc (NASDAQ:SIDU) has lauched an underwritten public offering to raise gross proceeds of approximately $10 million. Sidus Space said it intends to use the net proceeds for sales and marketing, operational costs, product development, manufacturing expansion and the remaining proceeds for working capital and other general corporate purposes.
Proactive Investors
Sidus Space CEO Carol Craig wins prestigious Women Worth Watching in STEM Award
Thursday Apr 20 2023 at 11:31
Sidus Space Inc (NASDAQ:SIDU) founder and CEO Carol Craig was named a winner of Profiles in Diversity Journal’s prestigious annual Women Worth Watching in STEM Award for 2023. The award recognizes the achievements of women leaders who are inspiring role models.
Proactive Investors
Sidus Space and L3Harris partner for Department of Defense Mentor-Protégé Program
Tuesday Apr 11 2023 at 09:43
Sidus Space said it is teaming up with L3Harris Technologies for the Department of Defense Mentor-Protégé Program (MPP). The program helps businesses expand their footprint in the defense industrial base by supporting their partnering efforts with larger companies, such as L3Harris, Sidus said in a statement.
Zacks Investment Research
Bears are Losing Control Over Sidus Space, Inc. (SIDU), Here’s Why It’s a ‘Buy’ Now
Thursday Apr 06 2023 at 11:28
After losing some value lately, a hammer chart pattern has been formed for Sidus Space, Inc. (SIDU), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Proactive Investors
Sidus Space adds finance industry veteran Leonardo Riera to its board
Thursday Apr 06 2023 at 09:05
Sidus Space has appointed Leonardo Riera to its board of directors. The company said in a statement that Riera brings over 35 years of experience in investment banking and fund management to Sidus.
Sidus Space Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Sidus Space’s Altman Z-score is -2.86 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Sidus Space Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has bought $115.50K of common stock in Sidus Space on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Sidus Space’s Income Quality of 0.78 is lower than its Industry Group of 1.07 (-27.1% lower)
Sidus Space’s Income Quality of 0.78 is in line with its Major Industry Group of 0.85 (-8.2% lower)
Sidus Space’s Income Quality of 0.78 is lower than its Sector of 1.39 (-43.9% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Sidus Space’s Current Ratio of 1.93 is greater than its Industry Group of 1.0 (93.0% greater)
Sidus Space’s Current Ratio of 1.93 is greater than its Major Industry Group of 1.24 (55.6% greater)
Sidus Space’s Current Ratio of 1.93 is greater than its Sector of 1.18 (63.6% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (-0.63 & 7.04)
Cannot compare a negative PE Ratio (-0.63 & 2.91)
Cannot compare a negative PE Ratio (-0.63 & 6.18)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Sidus Space’s PB Ratio of 0.85 is lower than its Industry Group of 1.16 (-26.7% lower)
Sidus Space’s PB Ratio of 0.85 is in line with its Major Industry Group of 0.81 (4.9% greater)
Sidus Space’s PB Ratio of 0.85 is lower than its Sector of 1.01 (-15.8% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Sidus Space’s ROE of -1.34 is lower than its Industry Group of 0.02 (-6800.0% lower)
Sidus Space’s ROE of -1.34 is lower than its Major Industry Group of 0.01 (-13500.0% lower)
Sidus Space’s ROE of -1.34 is lower than its Sector of 0.06 (-2333.3% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Sidus Space’s ROCE of -1.04 is lower than its Industry Group of 0.05 (-2180.0% lower)
Sidus Space’s ROCE of -1.04 is lower than its Major Industry Group of 0.04 (-2700.0% lower)
Sidus Space’s ROCE of -1.04 is lower than its Sector of 0.06 (-1833.3% lower)
Derived from SEC.GOV filing dataopen_in_new