SIDU has been in the news 500% more than usual
Aug 20, 2024, 2:33 PM
-14.58%
What does SIDU do
Sidus Space Inc, based in Cape Canaveral, Florida, specializes in space-as-a-service solutions, providing comprehensive satellite support from design to in-orbit operations. Since its IPO in 2021, the company offers diverse services including satellite manufacturing, data analytics, and constellation management for various sectors such as aerospace, defense, and marine.
SIDU has been in the news recently: In Q2 2024, Sidus Space (NASDAQ: SIDU) successfully launched its first satellite, LizzieSat-1, and is getting ready for the launches of LizzieSat-2 and LizzieSat-3. Additionally, the company received a $2 million subcontract to manufacture two FIDE panels for the U.S. Navy, marking its third contract with Craig Technologies.
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