• Sidus Space is like "Shopify for space companies."
• Sidus Space is like "Lockheed Martin, but specialized in micro-satellites."
• Sidus Space is like "Foxconn for space hardware."

• Satellite Manufacturing: Designs, engineers, and manufactures custom small satellites and their components for internal use and external clients.
• Space-as-a-Service (Data Collection): Operates its LizzieSat constellation to collect and deliver multi-spectral and hyperspectral data from Low Earth Orbit.
• Mission Critical Hardware & Software: Provides engineering, design, and manufacturing of specialized hardware and software for space, defense, and commercial applications.

Sidus Space (SIDU) primarily sells its products and services to other companies and government entities, rather than directly to individuals. Its business model focuses on providing space and data-as-a-service, satellite manufacturing, and precision component manufacturing for the aerospace, defense, and commercial space sectors.

Its major customers include:

• National Aeronautics and Space Administration (NASA): A U.S. government agency that contracts Sidus Space for various services, including payload integration on the International Space Station (ISS), hardware development, and other space-related solutions.
• L3Harris Technologies (LHX): A global aerospace and defense technology innovator. Sidus Space has publicly announced contracts with L3Harris for satellite development and manufacturing services.
• U.S. Department of Defense (DoD) and its prime contractors: Sidus Space targets the defense sector with its space hardware, data solutions, and manufacturing capabilities, indicating direct or indirect contracts with the DoD or major defense prime contractors.
• Other Commercial Space Companies: Sidus Space also serves a range of other commercial space companies that require satellite components, payload hosting services (on their LizzieSat platform), or specialized manufacturing capabilities.

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Carol Craig, Chief Executive Officer

Carol Craig is the Founder of Sidus Space and has served as Chief Executive Officer since the company's inception. She is also the Founder and Chief Executive Officer of Craig Technical Consulting, Inc. (also known as Craig Technologies), an engineering and technology firm established in 1999. Craig Technologies spun off a manufacturing division, Craig Technologies Aerospace Solutions, which eventually became Sidus Space. A former U.S. Navy P-3 Orion Naval Flight Officer, Carol was among the first women eligible to fly in combat aircraft and was also one of the first female aviators to successfully complete the U.S. Navy's Survival, Evasion, Resistance, and Escape (SERE) Training.

Adarsh Parekh, Chief Financial Officer

Adarsh Parekh was appointed Chief Financial Officer of Sidus Space, effective January 27, 2025. He brings over two decades of financial expertise, having been directly involved in more than $3 billion of mergers and acquisitions, capital markets activities, and investment transactions. Prior to joining Sidus, Parekh served as Chief Financial Officer of Terran Orbital Corporation, where he played a key role in the company's sale to Lockheed Martin. He has also held CFO positions at Alio, Inc. and Woodspur Farms, LLC, and served as a Principal at Renewable Resources Group, a private equity firm managing over $2 billion in assets. He began his career in the Investment Banking Division at Lehman Brothers, Inc.

Mark Mikolajczyk, Chief Operating Officer

Mark Mikolajczyk joined Sidus Space in December 2023. He was previously Director of Operations at Craig Technologies and was instrumental in the early development of Sidus through his leadership as President of Craig Technologies Aerospace Solutions (CTAS) from January 2012 to April 2021. Mikolajczyk also has 29 years of experience with Gannett Co., Inc., where he held several senior leadership roles, including President and Publisher of Florida Today newspaper and Regional Vice President of newspapers.

Lawrence Hollister, Chief Business Officer

Lawrence Hollister possesses extensive experience in guiding teams, driving operational and organizational excellence, and delivering measurable results within the defense and commercial technology sectors. He has been directly responsible for developing and executing strategic visions, expanding market presence, and enhancing customer satisfaction, with an exceptional record of leading turnarounds and managing M&A activity and integration. His career includes roles as Chief Growth Officer at Klas Government and Vice President of Growth and Strategy within Cubic Corporation's Mission Solutions business. Before Cubic, he held executive leadership positions at Maxar (DigitalGlobe), where he was Vice President for U.S. Government Growth and Strategy, and at L3Harris, where he was Senior Executive Account Director.

Valerij Ojdanic, Chief Technology Officer

Valerij Ojdanic is an accomplished technology leader with over two decades of expertise in electronics design. He joined Sidus Space to drive innovation in satellite communications systems and radiation-hardened technologies. Prior to Sidus, he specialized in analog and digital systems, PCB design, and microprocessor development, making significant contributions to advancements in aerospace and satellite technology. Ojdanic holds a patent for an EMI filtering solution.

Increased vertical integration and economies of scale among competitors in the small satellite and Space-as-a-Service market.

Sidus Space (NASDAQ: SIDU) operates in several key areas within the space technology sector, serving both commercial and government clients. The addressable markets for their main products and services are outlined below:

• Small Satellite Manufacturing: Sidus Space specializes in the design, development, and manufacturing of small satellites, including CubeSats. The global small satellite market size was valued at approximately USD 8.45 billion in 2024 and is projected to grow to about USD 25.32 billion by 2033.
• Space-Based Data Services (AI-enhanced Data-as-a-Service): Sidus Space provides valuable data and analytics leveraging its satellite infrastructure, offering AI-enhanced Data-as-a-Service through its Orlaith AI ecosystem. The global satellite data services market was estimated at approximately USD 12.16 billion in 2024 and is predicted to increase to about USD 55.24 billion by 2034. North America held the dominant share of this market in 2024.
• Satellite Manufacturing (Overall): Beyond small satellites, Sidus Space is involved in general satellite design and manufacturing. The global satellite manufacturing market was estimated at approximately USD 22.52 billion in 2024 and is projected to reach about USD 57.18 billion by 2030. North America dominated this market with over 53% share in 2024.
• Mission-Critical Hardware / Space and Defense Hardware Manufacturing: Sidus Space develops and supplies mission-critical hardware for space environments, including precision machining, 3D printing, and mechanical/electrical assembly and test services. While specific market sizing for general "mission-critical space and defense hardware components" beyond satellite manufacturing is not distinctly identified in the provided information, their offerings in this area are integral to the broader satellite manufacturing market, particularly for small satellites. The small size segment for satellite manufacturing dominated the overall satellite manufacturing market, holding 93.7% in 2023.
• Space-as-a-Service / Space Infrastructure-as-a-Service: Sidus Space offers comprehensive "Space Infrastructure-as-a-Service" solutions, encompassing satellite manufacturing, data collection and analytics, and mission planning. The global space economy, which includes such infrastructure and services, was a USD 570 billion industry in 2023 and is projected to grow to USD 1.2 trillion. The commercial satellite industry, a dominant component of the global space economy, increased to USD 293 billion in 2024.

Sidus Space (NASDAQ: SIDU) is strategically positioning itself for future revenue growth over the next 2-3 years by focusing on several key drivers, including the expansion of its satellite constellation and associated data services, the commercialization of its AI-driven solutions, growth in multi-domain hardware offerings, and the leveraging of strategic partnerships for international market expansion and a shift towards recurring revenue models.

Here are the 5 expected drivers of future revenue growth for Sidus Space:

1. Expansion of LizzieSat Constellation and Data-as-a-Service (DaaS): Sidus Space is actively expanding its LizzieSat micro-constellation, with LizzieSat-3 commissioned and plans for two more LizzieSat satellites by late 2026. This expansion is crucial for enhancing the company's data capabilities and supporting various applications across government, defense, intelligence, and commercial sectors. The goal is to generate recurring revenue through LizzieSat-enabled services, including near real-time Earth observation and AI data services.

2. Commercialization of AI-driven Solutions and Orlaith AI Ecosystem: A significant driver is the continued development and commercialization of the Orlaith AI ecosystem, which integrates hardware and software for real-time analytics and AI-driven space-based data solutions. This includes developing dual-use products for both defense and commercial clients, which are expected to unlock new revenue channels.

3. Growth in Multi-domain Hardware (Fortis VPX Systems and Defense Hardware): Sidus Space is making a strategic shift away from legacy contract work towards higher-value commercial space-based and AI-driven solutions. This involves the commercialization of its multi-domain hardware, particularly the Fortis VPX product line (Solo, Flex, and Maxima tiers for modular, ruggedized electronics) and defense hardware designed for GPS-denied environments. These offerings are positioned as key revenue drivers.

4. Strategic Partnerships and International Market Expansion: The company is focused on expanding its customer base and strengthening its presence in global markets through strategic partnerships. Notable collaborations include an agreement with Lonestar Data Holdings for data storage satellites, a partnership with Reflex Aerospace for satellite manufacturing, and an agreement with Neuraspace for space traffic management. Sidus Space is also looking to capitalize on increasing allied defense spending, particularly in Europe, to expand its international footprint.

5. Shift to Higher-Value, Recurring Revenue Models: An overarching strategic initiative is the deliberate transition from project-based, legacy engineering services to commercial, recurring-revenue models. This shift is tied directly to the growth of its satellite constellation and AI software services, aiming to establish a more sustainable and predictable revenue base for long-term value creation.

Share Issuance

• Sidus Space closed a public offering in September 2025, selling 9,800,000 shares of Class A common stock at $1.00 per share, generating gross proceeds of approximately $9.8 million.
• In December 2024, the company closed a capital raise, issuing units of Class A common stock (or Pre-funded Warrants) and Common Warrants, resulting in approximately $14.1 million in gross proceeds.
• In July 2025, Sidus Space completed a public offering of 7,143,000 shares of its Class A common stock at $1.05 per share, yielding gross proceeds of approximately $7.5 million.

Inbound Investments

• Sidus Space amended and extended a lunar satellite manufacturing contract with Lonestar Holdings, increasing its total potential value to $120 million.

Capital Expenditures

• The company has focused investments on scaling its satellite constellation and technology platform, as evidenced by increased depreciation from satellite and software assets.
• Capital has been allocated to product development and manufacturing expansion, including strategic technology initiatives like the LizzieSat-3 satellite and the FeatherEdge™ 248Vi edge computer.
• Sidus Space incurred increased depreciation expenses in 2025 and 2024 due to the launch and deployment of satellite fixed assets, related satellite software, and new ERP software capitalization.