Sidus Space, Inc. is an aerospace and space technology company specializing in providing satellite services, advanced technology solutions, and space-related products
The company focuses on the development and deployment of satellite systems that enable a range of applications, including Earth observation, communication, and scientific research. By leveraging innovative engineering and design, Sidus Space aims to enhance access to space and improve operational efficiency for its clients in various sectors, including government, commercial, and academic institutions.
Sidus Space shares rose following an announcement of a Memorandum of Understanding with Japanese space-tech firm Warpspace. The MOU sets the foundation for a Joint Venture focusing on next-gen satellite communications and mission operations.
Sidus Space shares are trading lower Tuesday following the company's report of a year-over-year decrease in second-quarter revenue. Here's what you need to know.
