Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1257

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1257
---
    ●
    foreign
    currency fluctuations, which could result in increased operating expenses and reduced revenue; 

    ●
    government
    appropriation of assets; 

    ●
    workforce
    uncertainty in countries where labor unrest is more common than in the United States; and 

    ●
    disadvantages
    of competing against companies from countries that are not subject to U.S. laws and regulations, including the U.S. Foreign Corrupt
    Practices Act, or FCPA, OFAC regulations and U.S. anti-money laundering regulations, as well as exposure of our foreign operations
    to liability under these regulatory regimes. 

26

Our
business is subject to a wide variety of extensive and evolving government laws and regulations. Failure to comply with such laws and
regulations could have a material adverse effect on our business.

We
are subject to a wide variety of laws and regulations relating to various aspects of our business, including with respect to our satellite
system operations, employment and labor, health care, tax, privacy and data security, health and safety, and environmental issues. Laws
and regulations at the foreign, federal, state, and local levels frequently change, especially in relation to new and emerging industries,
and we cannot always reasonably predict the impact from, or the ultimate cost of compliance with, current or future regulatory or administrative
changes. We monitor these developments and devote a significant amount of management’s time and external resources towards compliance
with these laws, regulations and guidelines, and such compliance places a significant burden on management’s time and other resources,
and it may limit our ability to expand into certain jurisdictions. Moreover, changes in law, the imposition of new or additional regulations
or the enactment of any new or more stringent legislation that impacts our business could require us to change the way we operate and
could have a material adverse effect on our sales, profitability, cash flows and financial condition.

Failure
to comply with these laws, such as with respect to obtaining and maintaining licenses, certificates, authorizations and permits critical
for the operation of our business, may result in civil penalties or private lawsuits, or the suspension or revocation of licenses, certificates,
authorizations or permits, which would prevent us from operating our business. For example, deploying space assets such as satellites
in the United States require licenses and permits from certain agencies of the Department of Transportation, including the Federal Aviation
Administration, or FAA, and review by other agencies of the U.S. Government, including the National Oceanic and Atmospheric Administration