Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1251

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1251
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 third-party contractors could have a material adverse effect on our business, financial condition, and results of operations.

We
expect to face intense competition in the commercial space market and other industries in which we may operate.

We
face intense competition in the commercial space market and amongst our competitors. Currently, our primary competitors in the commercial
satellite market are Blacksky, Spire, Hawkeye 360, LoftOrbital, IceEye, Muon Space, Redwire, True Anomoly, and Satellogic. In addition,
we are aware of a significant number of entities actively engaged in developing commercial launch capabilities for small and medium sized
satellite payloads, including ABL, Rocketlab, Blue Origin, United Launch Alliance and Firefly, among others. Many of our current and
potential competitors are larger and have substantially greater financial or other resources than we currently have or expect to have
in the future and thus may be better positioned to exploit the market need for small payloads and targeted orbital delivery, which is
the focus of our business. They may also be able to devote greater resources to the development of their current and future technologies,
which could overlap with our technologies, or the promotion and sale of their products and services. Our competitors could offer small
launch vehicles at lower prices, which could undercut our business strategy and potential competitive edge. Our current and potential
competitors may also establish cooperative or strategic relationships amongst themselves or with third parties that may further enhance
their resources and offerings relative to ours. Further, it is possible that domestic or foreign companies or governments, some with
greater experience in the aerospace industry or greater financial resources than we possess, will seek to provide products or services
that compete directly or indirectly with ours in the future. Any such foreign competitor, for example, could benefit from subsidies from,
or other protective measures by, its home country.

We
believe our ability to compete successfully as a commercial provider of launch and satellite services does and will depend on a number
of factors, which may change in the future due to increased competition, including the price of our products and services, consumer satisfaction
for the experiences we offer, and the frequency and availability of our products and services. If we are unable to compete successfully,
our business, financial condition and results of operations could be adversely affected.

We
may in the future invest significant resources in developing new service offerings and exploring the application of our proprietary technologies
for other uses and those opportunities may never materialize.

While
our primary focus for the