Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1268

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1268
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 risks, expenses, and uncertainties of litigation, we may, from time to time, settle disputes,
even where we believe that we have meritorious claims or defenses. Because litigation is inherently unpredictable, we cannot assure you
that the results of any of these actions will not have a material adverse effect on our business.

We
have been focused on developing satellite manufacturing and launch capabilities and services since 2013. This limited operating history
makes it difficult to evaluate our future prospects and the risks and challenges it may encounter.

Because
we have limited historical financial data and operate in a rapidly evolving market, any predictions about its future revenue and expenses
may not be as accurate as they would be if it had a longer operating history or operated in a more developed market. We have encountered
in the past, and will encounter in the future, risks and uncertainties frequently experienced by growing companies with limited operating
histories in rapidly changing industries. If our assumptions regarding these risks and uncertainties, which we use to plan and operate
our business, are incorrect or change, or if we do not address these risks successfully, our results of operations could differ materially
from our expectations and our business, financial condition and results of operations could be adversely affected.

31

The
markets for commercial satellite manufacturing, launch and data services have not been well established as the commercialization of space
is a relatively new development and is rapidly evolving. Our estimates for the total addressable markets for satellite launch and data
services are based on a number of internal and third-party estimates, including our contracted revenue and sales pipeline, assumed prices
at which we can offer services, assumed frequency of service, our ability to leverage our current manufacturing and operational processes
and general market conditions. As a result, our estimates of the annual total addressable markets for in-space infrastructure services,
as well as the expected growth rate for the total addressable market for that experience, may prove to be incorrect.

We
are subject to environmental regulation and may incur substantial costs.

We
are subject to federal, state, local and foreign laws, regulations, and ordinances relating to the protection of the environment, including
those relating to emissions to the air, discharges to surface and subsurface waters, safe drinking water, greenhouse gases and the management
of hazardous substances, oils and waste materials. Federal, state, and local laws and regulations relating to the protection of the environment
may require a current or previous owner or operator of real estate to investigate and remediate hazardous or toxic substances or petroleum
product