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Stock impact report

Sidus Space Releases Letter to Shareholders

Sidus Space, Inc. (SIDU) 
Company Research Source: Business Wire
CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, today released a letter to shareholders from Carol Craig, Founder and CEO.Dear Fellow Shareholders,Following this morning’s announcement regarding the reallocation of two LizzieSats to launch on an upcoming Bandwagon mission with SpaceX, I want to explain in greater detail what this means for Sidus. In addition, I will provide an update on our plan to regain compliance on the Nasdaq Capital Market as we focus on growing our business, increasing gross margins, and building value for our shareholders.Today, we announced that Sidus secured a position on SpaceX’s upcoming Bandwagon Mission, reallocating two of our AI-driven LizzieSat satellites. This includes an increase to ten from the previous nine missions contracted with SpaceX.As mentioned in the release this morning, we made the decision to capitalize on SpaceX’s recent announcement t Show less Read more
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