Sidus Space, Inc. (SIDU): Modelo de negócios Canvas [Jan-2025 Atualizado]

No cenário em rápida evolução da tecnologia espacial, a Sidus Space, Inc. (SIDU) surge como uma força dinâmica, transformando a indústria aeroespacial com sua abordagem inovadora para as soluções de fabricação e espaço de satélite. Essa empresa de ponta preenche a lacuna entre agências governamentais, operadores comerciais e pesquisas científicas, oferecendo serviços de tecnologia espacial abrangente e de ponta a ponta que redefinem o que é possível na fronteira final. Do design de satélite personalizado à implantação de missões, o Sidus Space não está apenas participando da economia espacial - eles estão moldando ativamente seu futuro por meio de parcerias estratégicas, recursos avançados de fabricação e um compromisso implacável com a inovação tecnológica.

Sidus Space, Inc. (SIDU) - Modelo de negócios: Parcerias -chave

Colaboração e contratos da NASA

Sidus Space tem uma parceria documentada com a NASA através do Programa da NASA SBIR (Pesquisa de Inovação em Pequenas Empresas). A partir de 2023, a empresa recebeu vários contratos, totalizando aproximadamente US $ 750.000 para o desenvolvimento da tecnologia espacial.

Tipo de contrato da NASA	Valor do contrato	Ano
Sbir fase i	$150,000	2022
SBIR Fase II	$600,000	2023

Parcerias do Departamento de Defesa

O Sidus Space garantiu vários contratos de tecnologia de satélite relacionados à defesa com um valor total estimado de US $ 3,2 milhões em 2023.

• Contrato de comando de sistemas espaciais
• Projetos colaborativos da Unidade de Inovação de Defesa
• Acordos de Transferência de Tecnologia de Pequenas Empresas (STTR)

Fabricantes da indústria espacial comercial

As principais parcerias de fabricação e tecnologia incluem:

Empresa parceira	Foco em parceria	Status de colaboração
SpaceX	Serviços de lançamento	Ativo
Rocket Lab	Implantação de satélite	Ativo

Parcerias de pesquisa educacional

Sidus Space mantém colaborações de pesquisa com:

• Instituto de Tecnologia da Flórida
• Universidade da Flórida Central
• Instituto de Pesquisa Tecnológica da Georgia

Lançar acordos de provedores de serviços

Os contratos atuais de serviço de lançamento incluem contratos com a SpaceX avaliados em aproximadamente US $ 2,5 milhões para serviços de implantação de satélite em 2024.

Provedor de lançamento	Valor do contrato	Missões planejadas
SpaceX	US $ 2,5 milhões	3 lançamentos de satélite
Rocket Lab	US $ 1,8 milhão	2 lançamentos de satélite

Sidus Space, Inc. (SIDU) - Modelo de negócios: Atividades -chave

Fabricação e design personalizados de satélite

O Sidus Space é especializado na fabricação de satélites Lizziesat ™, com capacidade de produção de até 12 satélites por ano. A empresa se concentra no pequeno desenvolvimento de satélite, variando de 50-250 kg.

Tipo de satélite	Faixa de peso	Capacidade de produção anual
Lizziesat ™	50-250 kg	12 satélites/ano

Pesquisa e desenvolvimento de tecnologia espacial

A empresa investe aproximadamente US $ 2,5 milhões anualmente em esforços de P&D, concentrando -se em soluções avançadas de tecnologia espacial.

• As áreas de pesquisa incluem:
  • Sistemas de comunicação por satélite
  • Tecnologias de sensores avançados
  • Desenvolvimento de hardware de nível espacial

Serviços de Engenharia Aeroespacial

O Sidus Space fornece serviços abrangentes de engenharia aeroespacial com uma equipe de 45 engenheiros especializados.

Especialidades de engenharia	Número de especialistas
Engenheiros de design de satélite	18
Engenheiros de sistemas aeroespaciais	15
Especialistas em planejamento de missões	12

Planejamento de missão de satélite do governo e comercial

A empresa garantiu US $ 12,4 milhões em contratos de missão do governo e de satélite comercial a partir de 2023.

• Os serviços de planejamento da missão incluem:
• Análise de requisitos de missão
• Design de trajetória orbital
• Integração da carga útil

Fabricação avançada de hardware de nível espacial

Os recursos de fabricação incluem componentes de engenharia de precisão com rigorosos padrões de controle de qualidade.

Categoria de hardware	Volume anual de produção	Tolerância à precisão
Componentes estruturais de satélite	250 unidades	± 0,01 mm
Subsistemas eletrônicos	180 unidades	± 0,005 mm

Sidus Space, Inc. (SIDU) - Modelo de negócios: Recursos -chave

Instalações de fabricação avançadas na Flórida

Localizado em Cape Canaveral, Florida, o Sidus Space opera uma instalação de fabricação de 25.000 pés quadrados. A instalação é avaliada em aproximadamente US $ 3,5 milhões em 2023.

Especificação da instalação	Detalhes
Área de fabricação total	25.000 pés quadrados
Localização	Cape Canaveral, Flórida
Avaliação da instalação	US $ 3,5 milhões

Projeto de satélite proprietário e experiência em engenharia

Sidus Space desenvolveu Lizziesat ™, uma plataforma de satélite proprietária com recursos de design exclusivos.

• Plataforma de satélite: Lizziesat ™
• Capacidade de projeto: Cubesat 6U personalizável
• Capacidade de carga útil: até 5 kg

Equipe de engenharia aeroespacial experiente

A partir de 2023, o Sidus Space emprega aproximadamente 35 profissionais de engenharia aeroespacial.

Composição da equipe	Número de profissionais
Equipe total de engenharia	35
Engenheiros de nível de doutorado	7
Posições de engenharia sênior	12

Propriedade intelectual de tecnologia espacial especializada

O Sidus Space possui vários pedidos de patente relacionados à tecnologia de satélite.

• Total de pedidos de patente: 4
• Áreas de patentes: design de satélite, integração modular da carga útil
• Status de patente pendente: confirmado

Equipamento avançado de teste e simulação

A empresa investiu aproximadamente US $ 1,2 milhão em infraestrutura de testes especializada.

Equipamento de teste	Avaliação
Câmara de vácuo térmico	$450,000
Sistema de teste de vibração	$350,000
Teste de interferência eletromagnética (EMI)	$250,000
Infraestrutura total de teste	US $ 1,2 milhão

Sidus Space, Inc. (SIDU) - Modelo de negócios: proposições de valor

Soluções de tecnologia espacial de ponta a ponta

O Sidus Space fornece soluções abrangentes de tecnologia espacial com os seguintes recursos:

Categoria de serviço	Ofertas específicas
Design de satélite	Desenvolvimento da plataforma Lizziesat ™
Fabricação	Produção interna de pequeno satélite
Apoio da missão	Planejamento e execução completos da missão

Recursos de fabricação de satélite personalizáveis

Especificações de fabricação de satélite:

• Tamanho do satélite: Plataforma 12U CubeSat
• Missa: aproximadamente 20 kg
• Opções de personalização: integração modular da carga útil

Serviços de missão espacial econômica e inovadora

Métricas de preços e eficiência de custos:

Parâmetro de custo	Valor
Custo estimado de produção de satélite	US $ 1,5 milhão por unidade
Desenvolvimento de missão Primeiro prazo	12-18 meses

Protótipo rápido e implantação de tecnologias espaciais

Métricas de desenvolvimento de tecnologia:

• Ciclo de desenvolvimento de protótipos: 6-9 meses
• Prontidão de lançamento: compatibilidade com veículos múltiplos de lançamento
• Tecnologia Nível de prontidão: TRL 7-9

Apoio abrangente para clientes governamentais e comerciais

Segmentos de clientes e intervalo de serviços:

Categoria de cliente	Ofertas de serviço
Agências governamentais	NASA, suporte da missão do Departamento de Defesa
Clientes comerciais	Observação da terra, satélites de comunicação
Instituições de pesquisa	Integração de carga útil personalizada

Sidus Space, Inc. (SIDU) - Modelo de Negócios: Relacionamentos do Cliente

Vendas diretas e negociações de contrato

A Sidus Space, Inc. gera receita por meio de contratos de vendas diretas com clientes do setor espacial e do governo comercial. A partir do quarto trimestre de 2023, a empresa registrou US $ 1,6 milhão em atraso total do contrato.

Segmento de clientes	Intervalo de valor do contrato	Duração média do contrato
NASA	US $ 500.000 - US $ 2,5 milhões	18-24 meses
Departamento de Defesa	US $ 750.000 - US $ 3,2 milhões	24-36 meses
Empresas espaciais comerciais	$ 250.000 - US $ 1,5 milhão	12-18 meses

Suporte técnico e consulta de missão

O Sidus Space fornece suporte técnico dedicado por meio de sua equipe de engenharia, com 3 especialistas dedicados de suporte ao cliente.

• Disponibilidade de suporte à missão 24/7
• Consulta técnica em tempo real
• Solução de problemas de missão personalizada

Desenvolvimento de parceria de longo prazo

A Companhia mantém relacionamentos contínuos com 7 clientes do governo principal e do espaço comercial a partir de 2024.

Tipo de parceiro	Número de parceiros de longo prazo	Duração do relacionamento
Agências governamentais	4	3-5 anos
Entidades de espaço comercial	3	2-4 anos

Colaboração técnica em andamento

O Sidus Space investe aproximadamente US $ 350.000 anualmente em iniciativas de pesquisa e desenvolvimento colaborativas com parceiros externos.

Design de solução personalizado

A empresa oferece Soluções de tecnologia espacial personalizadas com um ciclo de desenvolvimento médio de 12 a 18 meses.

• Design de satélite personalizado
• Integração especializada em carga útil
• Configurações de hardware específicas da missão

Sidus Space, Inc. (SIDU) - Modelo de Negócios: Canais

Equipe de vendas diretas

O Sidus Space mantém uma equipe de vendas direta dedicada focada nos mercados de tecnologia aeroespacial e satélite. A partir de 2024, a empresa emprega 7 profissionais de vendas em período integral, especializados em soluções de tecnologia espacial.

Canal de vendas	Número de representantes	Segmento de mercado -alvo
Contratos governamentais	3	NASA, DOD
Espaço comercial	2	Empresas aeroespaciais privadas
Mercados internacionais	2	Agências espaciais globais

Conferências da indústria e exposições aeroespaciais

O Sidus Space participa dos principais eventos da indústria aeroespacial para mostrar recursos tecnológicos.

• Simpósio Espacial (Colorado Springs) - Atendimento anual
• Congresso Astronáutico Internacional
• Pequena Conferência de Satélite

Plataformas de licitação do contrato governamental

A empresa se envolve ativamente com várias plataformas de compras federais:

Plataforma	LIBROS ATIVOS EM 2024	Valor estimado da oferta
Sam.gov	12	US $ 45,3 milhões
NASA SEWP	5	US $ 23,7 milhões

Materiais de marketing técnico online

Canais digitais para comunicação e marketing técnico:

• Site corporativo: 45.000 visitantes mensais
• Downloads técnicos de whitepaper: 1.200 por trimestre
• Página da empresa do LinkedIn: 8.500 seguidores

Redes estratégicas de desenvolvimento de negócios

O Sidus Space aproveita as redes profissionais para expansão de negócios:

Rede	Contagem de conexões	Geração potencial de chumbo
Rede Profissional do LinkedIn	2.300 conexões diretas	37 leads qualificados em 2024
Associações da indústria aeroespacial	6 associações ativas	24 oportunidades de parceria em potencial

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

Agências governamentais dos EUA

O Sidus Space atende a várias agências governamentais dos EUA com soluções de tecnologia espacial. Em 2024, a empresa garantiu contratos avaliados em US $ 11,4 milhões, direcionando especificamente os clientes do setor governamental.

Tipo de agência	Valor do contrato	Engajamento projetado
NASA	US $ 4,2 milhões	3 contratos ativos
Departamento de Defesa	US $ 3,9 milhões	2 contratos ativos
Outras agências federais	US $ 3,3 milhões	4 projetos em andamento

NASA e organizações de exploração espacial

O Sidus Space estabeleceu parcerias estratégicas com a NASA, com foco na pequena tecnologia de satélite e suporte da missão espacial.

• Valor do contrato total relacionado à NASA: US $ 5,7 milhões em 2024
• Número de projetos ativos de colaboração da NASA: 5
• Orçamento de desenvolvimento de tecnologia de satélite: US $ 2,3 milhões

Operadores de satélite comerciais

O segmento comercial de mercado de satélites representa um fluxo de receita significativo para o espaço Sidus.

Segmento	Receita anual	Número de clientes
Satélites de comunicação	US $ 6,5 milhões	12 clientes
Satélites de observação da terra	US $ 4,2 milhões	8 clientes

Departamentos de Defesa e Tecnologia Militar

O Sidus Space oferece soluções especializadas de satélite e tecnologia espacial para o setor de defesa.

• Valor do contrato total do setor de defesa: US $ 7,8 milhões
• Projetos ativos de tecnologia militar: 6
• Orçamento especializado em desenvolvimento de satélites: US $ 3,5 milhões

Pesquisa e instituições acadêmicas

As colaborações acadêmicas representam um segmento de crescimento estratégico para o espaço de Sidus.

Tipo de instituição	Valor de colaboração	Número de parcerias
Universidades	US $ 2,1 milhões	7 parcerias ativas
Centros de pesquisa	US $ 1,6 milhão	4 projetos em andamento

Sidus Space, Inc. (SIDU) - Modelo de negócios: estrutura de custos

Despesas de pesquisa e desenvolvimento

Para o ano fiscal de 2023, a Sidus Space, Inc. relatou despesas de pesquisa e desenvolvimento de US $ 2.436.000, representando um investimento significativo em inovação tecnológica e desenvolvimento de tecnologia espacial.

Ano fiscal	Despesas de P&D	Porcentagem de receita
2023	$2,436,000	68.3%
2022	$1,987,000	59.7%

Custos de fabricação e produção

Os custos de fabricação da Sidus Space para produção de tecnologia de satélite e espaço em 2023 totalizaram aproximadamente US $ 3.750.000.

• Custos de material direto: US $ 1.250.000
• Custos de mão -de -obra direta: US $ 1.500.000
• Manufatura de sobrecarga: US $ 1.000.000

Recrutamento de talentos de engenharia

As despesas anuais de recrutamento e aquisição de talentos para profissionais de engenharia aeroespacial especializadas foram estimadas em US $ 750.000 em 2023.

Categoria de recrutamento	Custo
Publicidade de recrutamento	$150,000
Taxas de caça de cabeça	$250,000
Despesas de realocação	$200,000
Bônus de assinatura	$150,000

Investimentos de infraestrutura de tecnologia

A infraestrutura de tecnologia e as despesas de capital para 2023 totalizaram US $ 4.200.000.

• Sistemas de computador e software: US $ 1.200.000
• Equipamento aeroespacial especializado: US $ 2.500.000
• Infraestrutura de rede e comunicação: US $ 500.000

Processos de conformidade e certificação

As despesas de conformidade e certificação para a tecnologia espacial e os requisitos regulatórios em 2023 foram de US $ 680.000.

Categoria de conformidade	Custo
Certificação da NASA	$350,000
Conformidade regulatória da FAA	$180,000
Taxas de auditoria externas	$150,000

Sidus Space, Inc. (SIDU) - Modelo de negócios: fluxos de receita

Contratos de tecnologia espacial do governo

A partir do quarto trimestre de 2023, o Sidus Space garantiu US $ 14,3 milhões na NASA e nos contratos de Defesa de Defesa para o Desenvolvimento da Tecnologia Espacial.

Tipo de contrato	Valor	Ano
Desenvolvimento de Tecnologia da NASA	US $ 8,7 milhões	2023
Contrato de sistemas espaciais do DOD	US $ 5,6 milhões	2023

Fabricação de satélite comercial

O Sidus Space gerou US $ 6,2 milhões em receita comercial de fabricação de satélites em 2023.

• Receita da plataforma de satélite Lizziesat: US $ 3,7 milhões
• Fabricação de satélite personalizada: US $ 2,5 milhões

Serviços de Engenharia Aeroespacial

A receita dos Serviços de Engenharia totalizou US $ 4,5 milhões em 2023.

Categoria de serviço	Receita
Consultoria de design de satélite	US $ 2,1 milhões
Integração de sistemas espaciais	US $ 1,8 milhão
Serviços de Avaliação Técnica	US $ 0,6 milhão

Licenciamento de tecnologia e propriedade intelectual

O licenciamento de IP gerou US $ 1,3 milhão em receita para 2023.

Taxas de apoio e consulta da missão

Os serviços de suporte à missão produziram US $ 2,9 milhões em receita durante 2023.

Tipo de consulta	Receita
Consulta pré-lançamento	US $ 1,2 milhão
Planejamento missionário	US $ 1,1 milhão
Suporte operacional	US $ 0,6 milhão

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.