Successful Satellite Launch and Commissioning
The successful launch and commissioning of the LizzieSat-3 satellite marked a major milestone, enhancing Sidus Space's capabilities in delivering earth observation data and AI processing, opening new revenue channels through data-as-a-service offerings.
Capital Raise and Strategic Investments
Sidus Space successfully executed a capital raise to fund key technology initiatives and accelerate the commercialization of its products, which are expected to drive long-term value and increase operational efficiency.
Expansion of Fortis VPX Product Line
The company expanded its Fortis VPX product line, designed for adaptability and high-performance computing solutions across aerospace, defense, energy, robotics, and autonomous systems, creating a scalable, recurring revenue opportunity.
Increase in Quarterly Revenue
Quarterly revenue for Q2 2025 reached $1.3 million, a 36% increase compared to Q2 2024, driven by the timing of fixed price milestone contracts.
Completion of Mobile Launcher 2 Contract
Sidus Space is on track to complete the Mobile Launcher 2 contract within the year, unlocking additional milestone payments upon hardware delivery.
Patent Portfolio Expansion
Sidus Space expanded its patent portfolio with approximately 28 patents approved or pending, reinforcing its competitive edge and building long-term enterprise value.