Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1107

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1107
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 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 foreseeable future will be on our commercial launch activities, increasing our launch cadence, and fully expanding
our satellite operations center, we may also invest significant resources in developing new technologies, services, products, and offerings.
However, we may not realize the expected benefits of these investments. These anticipated technologies, however, are unproven and these
products or technologies may never materialize or be commercialized in a way that would allow us to generate ancillary revenue streams.
Relatedly, if such technologies become viable offerings in the future, we may be subject to competition from our competitors within the
commercial launch and satellite industries, some of which may have substantially greater monetary and knowledge resources than we have
and expect to have in the future to devote to the development of these technologies. Such competition or any limitations on our ability
to take advantage of such technologies could impact our market share, which could have a material adverse effect on our business, financial
condition, and results of operations.

Such
research and development initiatives may also have a high degree of risk and involve unproven business strategies and technologies with
which we have limited