Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Aerospace

Sidus Space locks in more than US$1.9 million orders in 3Q 2022 for space and defense hardware and services

“As a comprehensive space-as-a-service company, our space and defense hardware manufacturing capability is a critical component that supports many of the larger projects and programs within the space ecosystem," said CEO Carol Craig

Sidus Space Inc (NASDAQ:SIDU) said new purchase orders for the quarter ended September 30, 2022 were more than US$1.9 million.

The orders are for space and defense hardware, plus services supporting multiple of its customers.

Sidus Space CEO Carol Craig said space and defense hardware manufacturing has proven to be a steady revenue stream for Sidus as it brings additional offerings to market.

READ: Sidus Space CEO Carol Craig named as Globee award winner and finalist in Stevie Awards for Women in Business

“As a comprehensive space-as-a-service company, our space and defense hardware manufacturing capability is a critical component that supports many of the larger projects and programs within the space ecosystem," said Craig in a statement.

"Sidus Space has over ten years of experience manufacturing, assembling and testing space hardware with space flight heritage. In response to our sustained manufacturing growth, we are exploring options for expanding our capacity including the possibility of additional shifts," she said.

Located in Cape Canaveral, Florida, Sidus Space operates from a 35,000-square-foot manufacturing, assembly, integration, and testing facility focused on vertically integrated Space-as-a-Service solutions, including end-to-end satellite support.

Contact the author at susie@proactiveinvestors.com

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK