Sidus Space Inc.
(Note: Craig Technical Consulting, Inc., or CTC, is the holder of all of our outstanding Class B common stock and will hold approximately 94.2% of the voting power of our outstanding capital stock following this offering. Carol Craig, our Chairwoman and Chief Executive Officer, is the sole owner of CTC.)
Sidus Space is a space-as-a-service company focused on commercial satellite design, manufacture, launch, and data collection with a vision to demonstrate space operations for new technologies and deliver data and predictive analytics to both domestic and global customers. We have 9 years of commercial, military and government manufacturing experience combined with space qualification experience, existing customers and pipeline, and International Space Station (ISS) heritage hardware. We support commercial space, aerospace, defense, underwater marine and other commercial and government customers. Our services include multidisciplinary design engineering, precision Computer Numerical Control (CNC) machining and fabrication, Swiss screw machining, American Welding Society (AWS) certified welding and fabrication, electrical and electronic assemblies, wire cable harness fabrication, 3D composite and metal printing, satellite manufacturing, satellite payload integration and operations support, satellite deployment and microgravity testing and research. We have designed and manufactured many flight and ground components and systems for several government and commercial customers including large government contractors and space agencies.
Our Founder and Chief Executive Officer, Carol Craig, has also built her namesake firm, Craig Technologies, into an aerospace and defense contracting company recognized throughout the U.S. government and commercial space industries, that is backed by proven experience in the design, development, and commercialization of new and innovative space technologies and services through aerospace and defense partnerships and collaborations.
We are developing and anticipating launching 100kg (220-pound) satellites with available space to rapidly integrate customer sensors and technologies. By developing a standardized operating system for space, we believe we can deliver customer payloads to orbit in months, rather than years. In addition, we anticipate delivering high-impact data for insights on aviation, maritime, weather, space services, earth intelligence and observation, financial technology (Fintech) and the Internet of Things (IoT).
Our smallsat design is a hybrid 3D platform that is cost efficient and designed to allow us to provide technology integration and space-based data at a lower cost due to our vertically integrated manufacturing and space hardware expertise. As our satellite constellation grows, the number of customers and the volume of data collection will scale.
(Note: Sidus Space moved up the pricing of its IPO by a couple of nights to price the deal on Dec.13, 2021, at $5 – the mid-point of its $4-to-$6 range – on 3 million shares, the same number of shares in the prospectus, to raise $15 million.)
|Industry:||Communication satellites - space and defense|
|Address||150 N. Sykes Creek Parkway, Suite 200 Merritt Island, FL 32953|
|Phone Number||(321) 613-5620|
|View Prospectus:||Sidus Space Inc.|
|Revenues||$1.15 mil (last 12 months)|
|Net Income||$-1.68 mil (last 12 months)|
|Price range||$5.00 - $5.00|
|Est. $ Volume||$15.0 mil|
|Manager / Joint Managers||Boustead Securities|
|Expected To Trade:||12/14/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|