Sidus Space, Inc. (SIDU): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el panorama en rápida evolución de la tecnología espacial, Sidus Space, Inc. (SIDU) emerge como una fuerza dinámica, transformando la industria aeroespacial con su enfoque innovador para la fabricación de satélite y las soluciones espaciales. Esta compañía de vanguardia une la brecha entre las agencias gubernamentales, los operadores comerciales e investigación científica al ofrecer servicios integrales de tecnología espacial de extremo a extremo que redefinen lo que es posible en la frontera final. Desde el diseño satelital personalizado hasta el despliegue de misión, Sidus Space no solo participa en la economía espacial, sino que están configurando activamente su futuro a través de asociaciones estratégicas, capacidades de fabricación avanzada y un compromiso implacable con la innovación tecnológica.

Sidus Space, Inc. (SIDU) - Modelo de negocios: asociaciones clave

Colaboración y contratos de la NASA

Sidus Space tiene una asociación documentada con la NASA a través de la Programa de la NASA SBIR (Investigación de innovación de pequeñas empresas). A partir de 2023, la compañía recibió múltiples contratos por un total de aproximadamente $ 750,000 para el desarrollo de tecnología espacial.

Tipo de contrato de la NASA	Valor de contrato	Año
Sbir fase i	$150,000	2022
SBIR Fase II	$600,000	2023

Partnia del Departamento de Defensa

Sidus Space ha asegurado múltiples contratos de tecnología satelital relacionada con la defensa con un valor total estimado de $ 3.2 millones en 2023.

• Contrato de comando de sistemas espaciales
• Proyectos de colaboración de la Unidad de Innovación de Defensa
• Acuerdos del programa de transferencia de tecnología de pequeñas empresas (STTR)

Fabricantes de la industria del espacio comercial

Las asociaciones clave de fabricación y tecnología incluyen:

Empresa asociada	Enfoque de asociación	Estado de colaboración
Spacex	Servicios de lanzamiento	Activo
Laboratorio de cohete	Despliegue de satélite	Activo

Asociaciones de investigación educativa

Sidus Space mantiene colaboraciones de investigación con:

• Instituto de Tecnología de Florida
• Universidad de Florida Central
• Instituto de Investigación Tecnológica de Georgia

Lanzar acuerdos de proveedor de servicios de lanzamiento

Los acuerdos de servicio de lanzamiento actuales incluyen contratos con SpaceX valorados en aproximadamente $ 2.5 millones para servicios de implementación satelital en 2024.

Proveedor de lanzamiento	Valor de contrato	Misiones planificadas
Spacex	$ 2.5 millones	3 lanzamientos satelitales
Laboratorio de cohete	$ 1.8 millones	2 lanzamientos satelitales

Sidus Space, Inc. (SIDU) - Modelo de negocio: actividades clave

Fabricación y diseño de satélites personalizados

Sidus Space se especializa en la fabricación de satélites Lizziesat ™, con una capacidad de producción de hasta 12 satélites por año. La compañía se centra en el desarrollo de pequeños satélites que oscilan entre 50 y 250 kg.

Tipo de satélite	Rango de peso	Capacidad de producción anual
Lizziesat ™	50-250 kg	12 satélites/año

Investigación y desarrollo de tecnología espacial

La compañía invierte aproximadamente $ 2.5 millones anuales en esfuerzos de I + D, centrándose en soluciones de tecnología espacial avanzada.

• Las áreas de investigación incluyen:
  • Sistemas de comunicación por satélite
  • Tecnologías de sensores avanzados
  • Desarrollo de hardware de grado espacial

Servicios de ingeniería aeroespacial

Sidus Space ofrece servicios integrales de ingeniería aeroespacial con un equipo de 45 ingenieros especializados.

Especialidades de ingeniería	Número de especialistas
Ingenieros de diseño satelital	18
Ingenieros de sistemas aeroespaciales	15
Especialistas en planificación de misiones	12

Planificación de la misión satelital gubernamental y comercial

La compañía ha asegurado $ 12.4 millones en contratos de misión satélite gubernamental y comercial a partir de 2023.

• Los servicios de planificación de la misión incluyen:
• Análisis de requisitos de misión
• Diseño de trayectoria orbital
• Integración de carga útil

Fabricación avanzada de hardware de grado espacial

Las capacidades de fabricación incluyen componentes diseñados con precisión con estrictos estándares de control de calidad.

Categoría de hardware	Volumen de producción anual	Tolerancia de precisión
Componentes estructurales satelitales	250 unidades	± 0.01 mm
Subsistemas electrónicos	180 unidades	± 0.005 mm

Sidus Space, Inc. (SIDU) - Modelo de negocios: recursos clave

Instalaciones de fabricación avanzada en Florida

Ubicado en Cabo Cañaveral, Florida, Sidus Space opera una instalación de fabricación de 25,000 pies cuadrados. La instalación está valorada en aproximadamente $ 3.5 millones a partir de 2023.

Especificación de la instalación	Detalles
Área de fabricación total	25,000 pies cuadrados
Ubicación	Cabo Cañaveral, Florida
Valoración de la instalación	$ 3.5 millones

Experiencia de diseño satelital e ingeniería de satélite

Sidus Space se ha desarrollado Lizziesat ™, una plataforma satelital patentada con capacidades de diseño únicas.

• Plataforma satelital: Lizziesat ™
• Capacidad de diseño: Cubesat 6U personalizable
• Capacidad de carga útil: hasta 5 kg

Equipo experimentado de ingeniería aeroespacial

A partir de 2023, Sidus Space emplea aproximadamente 35 profesionales de ingeniería aeroespacial.

Composición del equipo	Número de profesionales
Personal de ingeniería total	35
Ingenieros de nivel de doctorado	7
Puestos de ingeniería senior	12

Propiedad intelectual de tecnología espacial especializada

Sidus Space posee múltiples aplicaciones de patentes relacionadas con la tecnología satelital.

• Solicitudes de patentes totales: 4
• Áreas de patentes: diseño satelital, integración modular de carga útil
• Estado pendiente de patente: confirmado

Equipo de prueba y simulación avanzada

La compañía ha invertido aproximadamente $ 1.2 millones en infraestructura de prueba especializada.

Equipo de prueba	Valuación
Cámara de vacío térmico	$450,000
Sistema de prueba de vibración	$350,000
Prueba de interferencia electromagnética (EMI)	$250,000
Infraestructura de prueba total	$ 1.2 millones

Sidus Space, Inc. (SIDU) - Modelo de negocio: propuestas de valor

Soluciones de tecnología espacial de extremo a extremo

Sidus Space proporciona soluciones integrales de tecnología espacial con las siguientes capacidades:

Categoría de servicio	Ofertas específicas
Diseño satelital	Desarrollo de la plataforma Lizziesat ™
Fabricación	Producción de satélite pequeña interna
Apoyo a la misión	Planificación y ejecución completa de la misión

Capacidades de fabricación satelitales personalizables

Especificaciones de fabricación de satélite:

• Tamaño del satélite: plataforma Cubesat de 12U
• Misa: aproximadamente 20 kg
• Opciones de personalización: integración de carga útil modular

Servicios de misión espacial rentable e innovador

Precios y métricas de eficiencia de rentabilidad:

Parámetro de costo	Valor
Costo de producción de satélite estimado	$ 1.5 millones por unidad
Marco de tiempo de desarrollo de la misión	12-18 meses

Prototipo rápido y implementación de tecnologías espaciales

Métricas de desarrollo tecnológico:

• Ciclo de desarrollo de prototipos: 6-9 meses
• Preparación de lanzamiento: compatibilidad de vehículos de lanzamiento múltiple
• Nivel de preparación tecnológica: TRL 7-9

Apoyo integral para clientes gubernamentales y comerciales

Segmentos de cliente y rango de servicio:

Categoría de cliente	Ofrendas de servicio
Agencias gubernamentales	NASA, apoyo de la misión del DoD
Clientes comerciales	Observación de la Tierra, satélites de comunicación
Instituciones de investigación	Integración de carga útil personalizada

Sidus Space, Inc. (SIDU) - Modelo de negocios: relaciones con los clientes

Ventas directas y negociaciones de contratos

Sidus Space, Inc. genera ingresos a través de contratos de ventas directas con clientes gubernamentales y del sector espacial comercial. A partir del cuarto trimestre de 2023, la compañía reportó $ 1.6 millones en una cartera de contratos total.

Segmento de clientes	Rango de valor del contrato	Duración promedio del contrato
NASA	$ 500,000 - $ 2.5 millones	18-24 meses
Ministerio de defensa	$ 750,000 - $ 3.2 millones	24-36 meses
Empresas espaciales comerciales	$ 250,000 - $ 1.5 millones	12-18 meses

Soporte técnico y consulta de misión

Sidus Space ofrece soporte técnico dedicado a través de su equipo de ingeniería, con 3 especialistas dedicados de atención al cliente.

• Disponibilidad de soporte de misión 24/7
• Consulta técnica en tiempo real
• Solución de problemas de misión personalizada

Desarrollo de la asociación a largo plazo

La compañía mantiene relaciones continuas con 7 clientes principales del gobierno y espacios comerciales a partir de 2024.

Tipo de socio	Número de socios a largo plazo	Duración de la relación
Agencias gubernamentales	4	3-5 años
Entidades espaciales comerciales	3	2-4 años

Colaboración técnica continua

Sidus Space invierte aproximadamente $ 350,000 anuales en iniciativas de investigación y desarrollo de colaboración con socios externos.

Diseño de solución personalizado

La compañía ofrece Soluciones de tecnología espacial a medida con un ciclo de desarrollo promedio de 12-18 meses.

• Diseño satelital personalizado
• Integración especializada de carga útil
• Configuraciones de hardware específicas de la misión

Sidus Space, Inc. (SIDU) - Modelo de negocios: canales

Equipo de ventas directas

Sidus Space mantiene un equipo de ventas directo dedicado centrado en los mercados de tecnología aeroespacial y satelital. A partir de 2024, la compañía emplea a 7 profesionales de ventas a tiempo completo que se especializan en soluciones de tecnología espacial.

Canal de ventas	Número de representantes	Segmento del mercado objetivo
Contratos gubernamentales	3	NASA, DOD
Espacio comercial	2	Empresas aeroespaciales privadas
Mercados internacionales	2	Agencias espaciales globales

Conferencias de la industria y exposiciones aeroespaciales

Sidus Space participa en eventos clave de la industria aeroespacial para mostrar capacidades tecnológicas.

• Simposio espacial (Colorado Springs) - Asistencia anual
• Congreso astronáutico internacional
• Conferencia satélite pequeña

Plataformas de licitación de contratos gubernamentales

La compañía se involucra activamente con múltiples plataformas federales de adquisición:

Plataforma	Ofertas activas en 2024	Valor de oferta estimado
Sam.gov	12	$ 45.3 millones
NASA Sewp	5	$ 23.7 millones

Materiales de marketing técnico en línea

Canales digitales para comunicación técnica y marketing:

• Sitio web corporativo: 45,000 visitantes mensuales
• Descargas técnicas de documento técnico: 1,200 por trimestre
• Página de la empresa de LinkedIn: 8.500 seguidores

Redes estratégicas de desarrollo de negocios

Sidus Space aprovecha las redes profesionales para la expansión empresarial:

Red	Recuento de conexión	Generación de leads potencial
Red profesional de LinkedIn	2.300 conexiones directas	37 clientes potenciales calificados en 2024
Asociaciones de la industria aeroespacial	6 membresías activas	24 Oportunidades potenciales de asociación

Sidus Space, Inc. (SIDU) - Modelo de negocios: segmentos de clientes

Agencias del gobierno de EE. UU.

Sidus Space atiende a múltiples agencias gubernamentales de EE. UU. Con soluciones de tecnología espacial. A partir de 2024, la compañía ha asegurado contratos valorados en $ 11.4 millones específicamente dirigidos a clientes del sector gubernamental.

Tipo de agencia	Valor de contrato	Compromiso proyectado
NASA	$ 4.2 millones	3 contratos activos
Ministerio de defensa	$ 3.9 millones	2 contratos activos
Otras agencias federales	$ 3.3 millones	4 proyectos en curso

NASA y organizaciones de exploración espacial

Sidus Space ha establecido asociaciones estratégicas con la NASA, centrándose en la tecnología satelital pequeña y el apoyo de la misión espacial.

• Valor del contrato total relacionado con la NASA: $ 5.7 millones en 2024
• Número de proyectos activos de colaboración de la NASA: 5
• Presupuesto de desarrollo de tecnología satelital: $ 2.3 millones

Operadores satelitales comerciales

El segmento de mercado de satélite comercial representa un flujo de ingresos significativo para Sidus Space.

Segmento	Ingresos anuales	Número de clientes
Satélites de comunicación	$ 6.5 millones	12 clientes
Satélites de observación de la Tierra	$ 4.2 millones	8 clientes

Departamentos de defensa y tecnología militar

Sidus Space ofrece soluciones especializadas de tecnología satelital y espacial para el sector de defensa.

• Valor del contrato del sector de defensa total: $ 7.8 millones
• Proyectos de tecnología militar activa: 6
• Presupuesto de desarrollo satelital especializado: $ 3.5 millones

Investigación e instituciones académicas

Las colaboraciones académicas representan un segmento de crecimiento estratégico para Sidus Space.

Tipo de institución	Valor de colaboración	Número de asociaciones
Universidades	$ 2.1 millones	7 asociaciones activas
Centros de investigación	$ 1.6 millones	4 proyectos en curso

Sidus Space, Inc. (SIDU) - Modelo de negocio: Estructura de costos

Gastos de investigación y desarrollo

Para el año fiscal 2023, Sidus Space, Inc. informó gastos de investigación y desarrollo de $ 2,436,000, que representa una inversión significativa en innovación tecnológica y desarrollo de tecnología espacial.

Año fiscal	Gastos de I + D	Porcentaje de ingresos
2023	$2,436,000	68.3%
2022	$1,987,000	59.7%

Costos de fabricación y producción

Los costos de fabricación de Sidus Space para la producción de tecnología satelital y espacial en 2023 totalizaron aproximadamente $ 3,750,000.

• Costos de material directo: $ 1,250,000
• Costos laborales directos: $ 1,500,000
• Sobrecoss de fabricación: $ 1,000,000

Reclutamiento de talento de ingeniería

Los gastos anuales de reclutamiento y adquisición de talento para profesionales especializados de ingeniería aeroespacial se estimaron en $ 750,000 en 2023.

Categoría de reclutamiento	Costo
Publicidad de reclutamiento	$150,000
Tarifas de caza de cabeza	$250,000
Gastos de reubicación	$200,000
Bonos de inicio de sesión	$150,000

Inversiones de infraestructura tecnológica

La infraestructura tecnológica y los gastos de capital para 2023 ascendieron a $ 4,200,000.

• Sistemas de computadora y software: $ 1,200,000
• Equipo aeroespacial especializado: $ 2,500,000
• Infraestructura de red y comunicación: $ 500,000

Procesos de cumplimiento y certificación

Los gastos de cumplimiento y certificación para la tecnología espacial y los requisitos reglamentarios en 2023 fueron de $ 680,000.

Categoría de cumplimiento	Costo
Certificación de la NASA	$350,000
Cumplimiento regulatorio de la FAA	$180,000
Tarifas de auditoría externa	$150,000

Sidus Space, Inc. (SIDU) - Modelo de negocios: flujos de ingresos

Contratos de tecnología espacial gubernamental

A partir del cuarto trimestre de 2023, Sidus Space ha asegurado $ 14.3 millones en la NASA y los contratos del Departamento de Defensa para el desarrollo de tecnología espacial.

Tipo de contrato	Valor	Año
Desarrollo de tecnología de la NASA	$ 8.7 millones	2023
Contrato de sistemas espaciales del DoD	$ 5.6 millones	2023

Fabricación de satélites comerciales

Sidus Space generó $ 6.2 millones en ingresos de fabricación de satélites comerciales en 2023.

• Ingresos de la plataforma satelital de Lizziesat: $ 3.7 millones
• Fabricación de satélite personalizada: $ 2.5 millones

Servicios de ingeniería aeroespacial

Los ingresos por servicios de ingeniería totalizaron $ 4.5 millones en 2023.

Categoría de servicio	Ganancia
Consultoría de diseño satelital	$ 2.1 millones
Integración de sistemas espaciales	$ 1.8 millones
Servicios de evaluación técnica	$ 0.6 millones

Licencias de tecnología y propiedad intelectual

La licencia de IP generó $ 1.3 millones en ingresos para 2023.

Tarifas de apoyo y consulta de la misión

Los Servicios de Apoyo a la Misión produjeron $ 2.9 millones en ingresos durante 2023.

Tipo de consulta	Ganancia
Consulta previa al lanzamiento	$ 1.2 millones
Planificación de la misión	$ 1.1 millones
Soporte operativo	$ 0.6 millones

Sidus Space, Inc. (SIDU) - Canvas Business Model: Value Propositions

You're looking at how Sidus Space, Inc. is positioning its offerings to capture value in the complex space and defense ecosystem as of late 2025. The value propositions are the core reasons customers, from government agencies to commercial entities, choose them over competitors. It's about delivering capability with agility, which is critical when mission parameters shift quickly.

Flexible, cost-effective Space Infrastructure-as-a-Service (SIaaS)

Sidus Space, Inc. is building out its micro-constellation to offer scalable access to space. They successfully launched LizzieSat-1 in March 2024 and LizzieSat-2 in December 2024, establishing this infrastructure. You can expect LizzieSat-3 to be commissioned following its launch no earlier than Q1 2025, which will significantly enhance their data capabilities. The company has FCC approval to operate a micro constellation up to LizzieSat-5, showing a commitment to scaling this service. Furthermore, the adaptability of the LizzieSat platform is demonstrated by the selection to exclusively design and build the first-generation lunar fleet of Data Storage Spacecraft for Lonestar Data Holdings, a contract with a total potential value of up to $120 million. This approach aims to be cost-effective by leveraging a standardized, modular satellite architecture.

The focus on SIaaS is also evident in specific service contracts:

• Secured a follow-on contract for payload hosting and data services for LizzieSat-3.
• Engaged in a $173,000 six-month design study with MobLobSpace to integrate an advanced 4D radar system onto the LizzieSat platform for orbital debris tracking.
• The company fully staffed its in-house Mission Operations Center to enable 24/7 spacecraft monitoring, a key operational component of their service delivery.

Near real-time, AI-enhanced data analytics from space

The value here is moving beyond raw data to actionable intelligence, driven by their proprietary AI ecosystem. The Orlaith™ AI Ecosystem is a core part of this, with deployment noted in Asia to strengthen global AI and analytics offerings. This intelligence is powered by onboard computing systems that have achieved space heritage. Specifically, the FeatherEdge™ AI system, integrated with their Fortis™ hardware, achieved full mission qualification in orbit on the LizzieSat-3 satellite. This integration allows for low-latency, mission-critical decision-making at the edge, rather than waiting for data to be downlinked and processed on the ground. The strategic pivot away from legacy contract work is intended to shift revenue toward these higher-margin, AI-driven solutions, even though Q3 2025 revenue was reported at $1.3 million, reflecting this transition.

Versatile, multi-mission satellite platform for hosted payloads and remote sensing

The LizzieSat platform is designed for versatility, supporting both remote sensing and hosted payloads, which is key to maximizing asset utilization. The company holds a Notice of Allowance for its Modular Satellite Platform patent, which safeguards the intellectual property behind this adaptable and scalable architecture. This versatility allows Sidus Space, Inc. to serve diverse needs, as shown by:

Mission Type	Example/Customer	Value/Metric
Data Storage	Lonestar Data Holdings	Total potential contract value of $120 million
Remote Sensing/Imaging	Integrated HEO Holmes Imager aboard LizzieSat-2	Delivering near real-time solutions
Defense Hardware/Integration	Craig Technologies subcontract	Awarded $2 million contract for U.S. Navy parts
Technology Demonstration	Xiomas Technologies	Supplying FeatherEdge computing system for fire detection

Dual-use, ruggedized computing systems (Fortis™ VPX) for multi-domain applications

The Fortis™ VPX Command and Data Handling system is positioned as a domain-agnostic solution, meaning it's not just for space. It aligns with the SOSA™ Technical Standard, allowing it to plug into tactical UAV systems (Air), underwater autonomous vehicles (Sea), ISR ground systems (Land), and space-qualified AI payloads (Space). The market for the VPX single-board computer (SBC) that Sidus Space, Inc. is targeting is projected to grow from $285.8 million in 2024 to $711.75 million by 2032, representing a 12.1% Compound Annual Growth Rate. This ruggedized system is designed to handle extreme environments, including radiation hardening and operating temperatures from -40°C to +85°C, making it suitable for defense and commercial sectors needing high reliability.

Rapid innovation and adaptable solutions for evolving mission needs

Sidus Space, Inc. emphasizes its ability to iterate quickly, which is a direct value proposition against larger, slower incumbents. They launched three satellites in just over a year, rapidly integrating lessons learned into each successive mission. This innovation is protected and expanded through their intellectual property portfolio, which includes 11 granted patents and 10 pending applications as of late 2024/early 2025. Further evidence of this adaptability includes the development of the Sidus low voltage differential signaling (LVDS) switch card, which extends payload processor capabilities to allow communication with multiple optical sensors through high-speed LVDS data connections. This commitment to rapid product rollout is supported by ongoing strategic investments, even as the company navigates a transition period reflected in a Q3 2025 gross loss of ($1.3 million), largely due to increased depreciation on capitalized assets essential for future revenue streams.

Sidus Space, Inc. (SIDU) - Canvas Business Model: Customer Relationships

You're looking at how Sidus Space, Inc. builds and maintains its connections with the entities buying its space hardware and data services as of late 2025. It's a mix of massive, long-term commitments and testing new tech with early adopters. The relationship strategy is clearly moving from one-off hardware deliveries to securing future, more predictable service revenue.

Dedicated, long-term contract management for major clients (e.g., Lonestar)

The relationship with Lonestar Data Holdings is the anchor here, showing Sidus Space, Inc.'s capability to manage large, complex, multi-year programs. This isn't just a small order; it's a foundational, dedicated partnership. The extended and amended preliminary agreement with Lonestar is valued at approximately $120 million for the design, build, and on-orbit support of six lunar data storage spacecraft based on the LizzieSat® platform. This relationship is evolving, too; a subsequent Commercial Pathfinder Mission agreement involves Sidus Space, Inc. designing, developing, and integrating one Lonestar payload onto LizzieSat®-5 to roll out Lonestar's commercial offering for in-space data storage and edge processing. The business model for these lunar missions is explicitly designed to mirror the LEO satellite approach: delivering data and navigation services post-launch, which sets the stage for that recurring revenue stream.

Major Client	Contract Type/Scope	Approximate Value	Platform/Mission Focus
Lonestar Data Holdings	Extended/Amended Lunar Data Storage Spacecraft Agreement (6 units)	$120 million	LizzieSat® for Lunar Data Centers
Lonestar Data Holdings	Commercial Pathfinder Mission Payload Integration	Undisclosed (part of larger program)	LizzieSat®-5 for In-Space Data Storage/Edge Processing
Xiomas Technologies	NASA Phase II Sequential Award for Edge Computing Integration	Undisclosed (Previous contract mentioned as $2 million for hardware)	FeatherEdge DPU for Thermal Mapping (TMMS)

Direct, professional engagement with government and defense procurement

Engaging the government and defense sector requires a different level of trust and technical alignment, which Sidus Space, Inc. is actively pursuing. They are positioning their dual-use products to benefit from increased allied defense spending, especially in Europe. The company has active early access programs with government customers for its proven FeatherEdge platform, and several of these engagements are already moving toward multi-year hardware agreements. Furthermore, they are advancing the Fortis VPX computing suite, which is specifically designed for aerospace, defense, energy robotics, and autonomous systems. To be fair, much of the recent revenue has been tied to milestone contracts, including projects with related party Craig Technologies, which accounted for revenue in Q2 2025. A concrete example of direct engagement is their role as a subcontractor on a NASA-funded project with MobLobSpace, which secured a $173,000 award to study integrating 4D radar into the LizzieSat platform for enhanced space domain awareness data services.

Early-stage customer demos and trials for new FeatherEdge™ products

The relationship here is about proving the technology works in the harsh environment of space to convert interest into firm orders. The key product in this phase is the FeatherEdge™ GEN-2 onboard edge computer, which achieved successful on-orbit operation on LizzieSat®-3 as of May 18, 2025. This flight-proven hardware offers 100 trillion operations per second (TOPS) of AI processing power. The real customer engagement comes from Sidus Space, Inc. enabling third-party algorithm integration aboard LizzieSat®-3, allowing government and commercial customers to test and deploy their proprietary AI solutions in orbit without needing their own satellite infrastructure. This is a direct, hands-on trial mechanism. Also, the successful delivery of a custom FeatherEdge Data Processing Unit (DPU) to Xiomas Technologies under a NASA Phase II Sequential Award demonstrates successful integration and validation for specific applications like fire detection via thermal imaging.

Transitioning to a high-touch, recurring Data-as-a-Service model

This is the strategic pivot you need to watch. Sidus Space, Inc. is intentionally shifting away from legacy, fixed-price milestone contracts toward higher-value commercial space-based and AI-driven solutions, which management expects will lead to material revenue growth in the second half of 2025. This transition is reflected in the Q3 2025 revenue of $1.3 million, which was down 31% year-over-year from Q3 2024's $1.9 million, as the company de-emphasized the older work. The goal is recurring revenue, and the FeatherEdge™ GEN-2 is positioned to open up high-value opportunities through data processing services, in addition to hardware sales and technology integration. The focus is now on commercializing LizzieSat-enabled services and securing orders for the VPX SOSA-Aligned systems. If onboarding takes 14+ days, churn risk rises, but the high-touch nature of these new service contracts aims to lock in long-term value.

Finance: draft 13-week cash view by Friday.

Sidus Space, Inc. (SIDU) - Canvas Business Model: Channels

You're looking at how Sidus Space, Inc. gets its value propositions-like on-orbit processing and custom hardware-into the hands of government and commercial users as of late 2025. It's a mix of direct engagement and strategic leveraging of their growing asset base.

Direct sales team for government and commercial space contracts

Sidus Space, Inc. relies on a direct approach, which is clear when you look at the SG&A spend needed to support this. Selling, General, and Administrative expenses for the third quarter of 2025 totaled $4.3 million, up from $3.2 million in Q3 2024, showing investment in headcount growth aligned with higher-value offerings. The company has experience executing on various contract types, including firm fixed price, cost plus, and milestone-based agreements, supporting both commercial and government needs. They also recently appointed Lawrence Hollister as Chief Business Officer to drive this strategic growth and market expansion. This team is working to convert a significant backlog, including a lunar satellite manufacturing contract with Lonestar Holdings valued up to $120 million, though revenue recognition from these large deals is milestone-dependent. The revenue recognized in Q3 2025 was $1.3 million, reflecting a strategic pivot away from legacy services that previously contributed more to the top line.

Proprietary LizzieSat constellation for direct data delivery to customers

The LizzieSat constellation is the core delivery mechanism for their data-as-a-service offering. By late 2025, the constellation included LizzieSat™-1 (launched March 2024), LizzieSat™-2 (launched December 2024), and the newly launched LizzieSat™-3 (launched March 14, 2025). The company holds FCC approval to operate a micro constellation up to LizzieSat™-5. This infrastructure is designed for direct, low-latency delivery, leveraging the proprietary Orlaith™ AI Platform for onboard processing. The in-house Mission Operations Center is fully staffed to enable 24/7 spacecraft monitoring, ensuring data delivery capability. You can see the operational scaling reflected in the Cost of Revenue for Q3 2025 rising to $2.6 million, partly due to increased satellite and software depreciation from these capitalized assets.

Key constellation channel milestones as of late 2025 include:

• LizzieSat™-3 commissioned with on-board GNC software.
• AIS sensor commissioned on LS3, establishing customer communications.
• Contract signed to integrate Lonestar Commercial Pathfinder Mission on LizzieSat®-5.
• Orlaith™ AI system deployed in Asia.

Global market expansion via strategic joint ventures (e.g., Sidus Arabia)

Sidus Space, Inc. is using partnerships to broaden its reach beyond its Cape Canaveral base. They signed a Memorandum of Understanding (MOU) with NamaSys Bahrain to establish "Sidus Arabia," a Joint Venture headquartered in Saudi Arabia, focused on developing a satellite manufacturing facility and pursuing joint initiatives. This is a direct channel into the Middle Eastern market. Also, they executed a partnership agreement with Orbital Transports specifically to enhance global market expansion. Furthermore, an MOU was executed with Reflex Aerospace to explore joint constellation services, which opens up European channels for service integration.

Here's a quick look at some key channel-related financial and operational figures through Q3 2025:

Metric	Value (as of Q3 2025 or Latest Reported)	Context
Q3 2025 Revenue	$1.3 million	Reflecting strategic pivot away from legacy services.
9-Month 2025 Revenue	Approx. $2.8 million	Decrease of about 27% from 2024 due to repositioning.
Lonestar Contract Potential Value	$120 million	Lunar satellite manufacturing backlog.
Mission Operations Center Staffing	Fully staffed	Enables 24/7 spacecraft monitoring.
Facility Size	35,000-square-foot	Manufacturing, assembly, integration, and testing facility.

Industry events and investor presentations to showcase new technology

Showcasing technology is a critical channel for securing future government and commercial interest, especially given the long sales cycles mentioned. The company actively participates in investor relations activities to communicate progress. For instance, they hosted their Third Quarter 2025 Financial Results Conference Call on November 14, 2025. Prior to that, their latest Investor Presentation was made available on October 10, 2025. These events are where they highlight advancements like the delivery of hardware and software to Xiomas Technologies under a NASA Phase II Sequential Award, and progress on the Lonestar Commercial Pathfinder Mission. They also hold numerous patents, with 11 granted patents and 10 pending applications for their Modular Satellite Platform System, which they use to demonstrate proprietary strength at these venues.

The company is ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered, which are necessary credentials for accessing key government channels.

Finance: review Q4 2025 capital raise strategy by end of year.

Sidus Space, Inc. (SIDU) - Canvas Business Model: Customer Segments

You're looking at the customer base for Sidus Space, Inc. (SIDU) as of late 2025, a period where the company is actively pivoting its revenue mix. Honestly, the financials reflect this transition; Q3 2025 revenue was $1.3 million, marking a 31% drop year-over-year as they move away from legacy services toward these higher-value commercial models. Still, the cash position was $12.7 million as of September 30, 2025, which is supporting the scaling of these new product lines. The business model clearly targets distinct, high-value niches within the space and defense ecosystem.

Here's a quick look at the financial backdrop supporting these segments:

Metric	Value (as of Q3 2025)	Context
Q3 2025 Revenue	$1.3 million	Reflects strategic pivot away from legacy services.
Revenue (First Nine Months 2025)	$2.8 million	Year-to-date revenue showing a 27% decrease YoY.
Cash Position (Sept 30, 2025)	$12.7 million	Bolstered by capital raises to fund commercialization.
FY 2025 Revenue Projection	$4.5 million	Management forecast for the full fiscal year.

Sidus Space, Inc. is structured to serve several critical groups, leveraging its multi-domain capabilities across space, air, land, and sea. The company holds key certifications like ISO 9001:2015, AS9100 Rev. D, and is ITAR registered, which is vital for government and defense work.

The primary customer segments are:

• US Government and Defense/Intelligence agencies (DoD, NASA).
• Commercial space companies requiring cislunar data storage (Lonestar).
• Global maritime and logistics industries needing SSA and monitoring data.
• Aerospace and defense integrators buying specialized hardware (VPX, FeatherEdge).

You can see the specific focus areas and recent milestones for each segment below. This shows where the near-term revenue is expected to materialize, especially with the Fortis VPX products aiming for production by January 2026.

Customer Segment	Key Activities / Product Focus	Relevant Metric / Milestone
US Government and Defense/Intelligence agencies (DoD, NASA)	Delivered hardware enclosures for the Mobile Launcher 2 program. Delivered custom FeatherEdge Data Processing Unit (DPU) under NASA Phase II Sequential Award with Xiomas Technologies.	Completed delivery of Mobile Launcher 2 hardware enclosures.
Commercial space companies requiring cislunar data storage (Lonestar)	Signed Contract to integrate the Lonestar Commercial Pathfinder Mission on LizzieSat®-5. Progress driven by completion of Kickoff Meeting and System Requirements Review.	Lonestar's pathfinder payload on LizzieSat-5 is a key catalyst.
Global maritime and logistics industries needing SSA and monitoring data	Commissioned the Automatic Identification System (AIS) sensor on LS3. Enabled Little Place Labs near real-time maritime intelligence.	Established communications with customer payload onboard LS-3.
Aerospace and defense integrators buying specialized hardware (VPX, FeatherEdge)	Advancing Fortis™ VPX product line and FeatherEdge™ 248Vi design completion. FeatherEdge™ GEN-2 is flight-proven, offering 100 trillion operations per second (TOPS) of AI processing.	FeatherEdge™ 248Vi is engineered to deliver 248 TOPS of AI Performance.

For the hardware integrators, the focus is on dual-use, all-domain platforms. The FeatherEdge™ GEN-2, for example, is commercially available after successful on-orbit validation aboard LizzieSat®-3. This hardware, which leverages NVIDIA's Jetson Orin™ NX module, is defintely aimed at defense and aerospace systems needing ruggedized, high-performance AI.

Finance: review Q4 2025 SG&A spend against management's plan for 'meaningful cost reduction activities' by year-end.

Sidus Space, Inc. (SIDU) - Canvas Business Model: Cost Structure

You're looking at the core expenses Sidus Space, Inc. (SIDU) is carrying as it executes its pivot toward recurring, high-value space and AI data services. Honestly, the cost structure reflects a company heavily investing in its future IP and operational capacity right now, which is why the bottom line looks pressured.

High fixed costs from satellite and software depreciation are a major factor. Sidus Space incurred an increase of $501,000 in satellite and software-related depreciation in the third quarter of 2025 alone, which directly hit the Cost of Revenue. This depreciation is tied to the launch and deployment of satellite fixed assets and related software, including the recent launch of LizzieSat®-3 in March 2025. The total Cost of Revenue for Q3 2025 reached $2.6 million, a 42% year-over-year increase, largely driven by this non-cash charge and evolving contract mix.

The company is making significant R&D investment in AI platforms and next-generation satellite builds. Capital raises in 2025 were explicitly earmarked for product development. This investment fuels the Orlaith™ AI Ecosystem, which integrates hardware like the FeatherEdge™ edge computer with AI software for on-orbit processing. Furthermore, funds are supporting the production of LizzieSat-4 and LizzieSat-5, slated for late 2026 launches, and the commercialization of the Fortis™ VPX product line.

You see the pressure from operational scaling costs, including headcount growth and mission center staffing, reflected in the Selling, General, and Administrative (SG&A) expenses. For Q3 2025, SG&A hit $4.3 million, up from $3.2 million in Q3 2024. This increase was driven by strategic headcount additions, expanded employee benefits, and the cost of running the newly fully staffed 24/7 Mission Operations Center, which was completed in Q2 2025.

The nature of their complex, custom work means material and labor costs for complex, custom manufacturing contracts are significant. For instance, the Cost of Revenue in Q1 2025 saw a 93% increase year-over-year, partly due to a mix of contract types requiring higher material and labor inputs. In Q3 2025, the 42% rise in Cost of Revenue also cited higher input costs for more complex contracts.

Finally, launch and deployment expenses for constellation expansion are baked into the current cost structure, primarily through the depreciation mentioned earlier. Costs related to launch schedule adjustments, such as rebooking fees, were also noted in earlier 2025 reporting periods, showing the variable costs associated with getting assets on orbit.

Here's a quick look at the key cost-impacting financial metrics from Q3 2025:

Cost Driver Component	Q3 2025 Financial Metric	Amount/Change
Fixed Cost (Depreciation Impact)	Increase in Satellite/Software Depreciation (Q3 2025)	$501,000
Variable Cost (Inputs)	Cost of Revenue Year-over-Year Increase	42%
Operational Scaling (SG&A)	Q3 2025 SG&A Expense	$4.3 million
Operational Scaling (SG&A)	SG&A Increase from Q3 2024	$1.1 million (from $3.2M to $4.3M)
Total Cost of Revenue	Q3 2025 Cost of Revenue	$2.6 million

Finance: draft 13-week cash view by Friday.

Sidus Space, Inc. (SIDU) - Canvas Business Model: Revenue Streams

Sidus Space, Inc. (SIDU) generates revenue through several distinct channels, reflecting its vertically integrated approach across space technology and defense markets.

Satellite manufacturing and integration services (milestone-based contracts)

Revenue recognition for satellite work, such as the LizzieSat® platforms, is tied to the completion of specific milestones within contracts. This is a key component of the current revenue profile, though the strategic pivot away from legacy services has influenced the near-term recognition timing. For instance, the company is advancing design and manufacturing across multiple LizzieSat® platforms. Furthermore, the company is involved in payload hosting, as seen with the integration of an advanced 4D radar system onto a LizzieSat platform under a design study valued at $173,000, which contributes to milestone-based revenue.

Space-based Data-as-a-Service (DaaS) and AI analytics subscriptions

The company is positioning its Orlaith™ AI as a differentiator for multi-domain autonomy and analytics, indicating a future focus on recurring revenue from data services. This is part of the strategic shift toward higher-value, recurring revenue lines, though the financial impact of these subscriptions is expected to grow as commercialization accelerates.

Sales of proprietary hardware (Fortis™ VPX, FeatherEdge™) to dual-use markets

Sidus Space, Inc. is broadening its Fortis™ VPX and FeatherEdge™ product families, which are dual-use, all-domain systems supporting applications across air, land, sea, and space. The first three Fortis VPX products were on track for year-end validation in 2025, setting the stage for product orders expected to drive future revenue. The company successfully completed delivery of additional hardware enclosures for the Mobile Launcher 2 program.

Payload hosting revenue from third-party sensors on LizzieSat

The LizzieSat satellite platform serves as a host for third-party sensors. An example includes the commissioning of the Automatic Identification System (AIS) sensor on LS3, which established communications with a customer site. The company is also working on integrating Lonestar Data Holdings' data storage module on an upcoming LizzieSat satellite to validate in-space data storage capabilities.

The overall financial performance for the nine-month period ending September 30, 2025, reflects this transition period, with revenue being impacted by the shift away from legacy work.

Total revenue for the nine months ended September 30, 2025, was approximately $2.8 million. This compares to the trailing twelve months revenue ending September 30, 2025, which was $3.62 million.

Here's a quick look at key financial metrics around the reporting date:

Financial Metric	Amount
Total Revenue (Nine Months Ended Sep 30, 2025)	$2.8 million
Revenue (Q3 2025)	$1.3 million
Revenue (Trailing 12 Months Ended Sep 30, 2025)	$3.62 million
Cash Position (As of September 30, 2025)	$12.7 million
Adjusted EBITDA Loss (First Nine Months of 2025)	$12.6 million

The revenue streams are underpinned by the company's operational progress, which includes:

• Advancing design and manufacturing across multiple LizzieSat® platforms.
• Broadening the Fortis™ VPX and FeatherEdge™ product families.
• Executing on existing contracts, such as the Mobile Launcher 2 delivery.
• Completing commissioning of the AIS sensor on LS3.

The company completed two capital raises in Q3 2025, netting approximately $15.5 million to scale product lines and satellites.