Sidus Space Reports Q1 Revenue Growth and Narrower Net Loss
Sidus Space reported first-quarter revenue of $359,000, up 51% year-over-year, with a narrowed net loss to $5.2 million from $6.4 million. The company highlighted progress in transitioning from technology development toward commercialization and received initial imagery from its LizzieSat-3 satellite.
Topics: defense contracts financial performance satellite technology space industry