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Sidus Space Inc

sidusspace.com

What Do They Do?

Manufactures space and defense hardware, and builds satellite platforms and computing systems for government and commercial customers.

How Do They Make Money?

Customers buy satellite products, payload hosting, engineering and mission services, manufacturing, and computing products. For fixed-price manufacturing contracts that continue past month-end, revenue comes as work progresses; completed fixed-price and time-and-materials jobs generate revenue when shipped.

revenue
SegmentShareRevenue
Manufacturing
81%
Engineering Services
4.2%
A I Relatedroducts And Services
5.1%
Space Related Products And Services Including Technology Hosting
9.8%

Who Are Their Customers?

Government and commercial customers include NASA, the Department of Defense, SpaceX, and Blue Origin.

Do Revenues Turn Into Profits?

No. It lost $29.5M in FY2025.

Operating income, FY2025
−828% of revenue
▲ +78% (Loss) vs FY2024 (−$15.7M, −336%)
Net income, FY2025
−871% of revenue
▲ +68% (Loss) vs FY2024 (−$17.5M, −375%)
Free cash flow, FY2025
−778% of revenue
▲ +13% (Loss) vs FY2024 (−$23.3M, −499%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −54%
vs $1.3M in Q2 FY2025
Net income
▼ −15% (Loss)
vs −$5.6M in Q2 FY2025
Manufacturing share of revenue vs 100.0% in Q2 FY2025
  • Jul 24, 2026 Appointed Alan Khalili as chief financial officer

Growing. Revenue grew 2.4x in 4 years, from $1.4M in FY2021 to $3.4M in FY2025, about 24% a year.

Expanded computing portfolio The older report described hardware manufacturing, satellite constellation operations, and satellite-derived data. The latest report also describes AI-enabled computing systems and multi-domain computing products in the portfolio.

Revenue over time
Manufacturing Engineering Services A I Relatedroducts And Services Space Related Products And Services Including Technology Hosting
$5M$2.5M$0

Who Do They Compete With?

Competes with Spire, BlackSky, Hawkeye 360, Satellogic, Iceye, Loft Orbital, York Space Systems, Apex, and K2Space

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