Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1083

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1083
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 diversity—because
our company was built on it—and continue to foster an inclusive workplace where everyone can thrive.

We
believe that strong communities are fundamental to our success. That belief inspired the creation of Sidus Serves, our initiative
dedicated to improving life on Earth through meaningful community engagement. Volunteerism is an integral part of our culture. We actively
support K–12 education, assist military personnel and veterans, champion environmental stewardship, and contribute our time and
resources to local nonprofits.

Our
employees are passionate about making a difference, and we proudly invest in the communities where they live and work. We’re
especially committed to supporting local STEM programs and schools, with a focus on bridging the opportunity gap in the aerospace industry.
Through partnerships with organizations that provide hands-on STEM learning to a diverse range of students, we are helping to build a
more inclusive and innovative future.

Governance

Our
governance structure is designed to promote transparency, efficiency, and ethics. Through a qualified and diverse chain of command, we
are confident that our decision making will carry out performance at the highest degree. Our Board of Directors consists of professionals
with strong executive experience, business strategy and leadership skills. Our board consists of 5 independent directors alongside our
CEO.

12

Our
Growth Strategies

We
are focused on empowering end users, developers, channel partners and the organizations they serve to quickly and easily access and integrate
real-time geospatial intelligence into their daily operations and prove out technologies to further grow the space ecosystem. Our growth
strategy is driven by the following objectives:

Increase
our overall customer base. As an established heritage aerospace firm, we are positioned at the forefront of the ongoing political
and secular shift toward space-based communications and data derived from commercial satellite and intelligence providers. This evolving
landscape presents a significant opportunity to expand our customer base through a combination of direct and indirect sales strategies.
To support this growth, we are actively scaling both our direct sales teams and our global network of indirect sales channels.

Expand
within our current customer base. As our satellite design and manufacturing and space-based data offerings grow and deliver results,
we expect that our current customers will increase their spending on our expanded services.

Continue
to penetrate international markets. We have expanded our strategic focus to include international markets, actively building a pipeline
of prospective partnerships with small, underrepresented governments and global companies that can benefit from our expertise and services.
As part of this initiative, we have signed partnership agreements with companies in Germany