Reported Earlier, Sidus Space Looks Toward 2024 Launch; CEO Carol Craig Says "Our Focus For 2024 Remains On Delivering Unique And Unparalleled Solutions For Our Customers, Testing Cutting-Edge Technologies In Space"
Portfolio Pulse from Benzinga Newsdesk
Sidus Space (NASDAQ:SIDU) concludes 2023 with significant achievements, including expanding services, securing new customers, and completing testing for the Q1 2024 launch of LizzieSat on SpaceX's Transporter-10. The company has also expanded its technology through acquisitions and partnerships, and is preparing for growth in 2024 with a focus on LEO and Lunar opportunities, expecting increased revenue from subscription customers and additional satellite launches.
December 28, 2023 | 3:21 pm
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POSITIVE IMPACT
Sidus Space achieved key milestones in 2023, including service expansion, customer acquisition, and testing for LizzieSat's 2024 launch. The company's growth prospects are bolstered by new contracts and technology advancements, positioning it for increased revenue and industry impact.
The positive achievements and progress reported by Sidus Space in 2023, including the preparation for the LizzieSat launch and the establishment of new contracts and partnerships, are likely to generate investor optimism. The focus on expanding technology and service offerings, along with the anticipation of revenue growth from subscription customers and additional satellite launches, suggest a positive short-term impact on SIDU's stock price.
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