Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 629

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 629
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    additions: Our LizzieSat® satellites have been designed with a system flexible enough to support new customer missions post-launch
    (through software and algorithm updates) to allow Sidus to generate additional revenue on LizzieSat® platforms that have already
    launched and are operating on orbit.

The net value of data collected
from our planned LizzieSat® constellation is expected to allow organizations to make better decisions with higher confidence, and
increased accuracy and speed. We expect to enrich this processed data with customizable analytics users control for their own use case,
and in turn provide data as a subscription across industries to organizations so they can improve decision-making and mitigate risk.

Planned services that benefit
current and future customers include delivering space-based data that can provide critical insight for agriculture, commodities tracking,
disaster assessment, illegal trafficking monitoring, energy, mining, oil and gas, fire monitoring, classification of vegetation, soil
moisture, carbon mass, Maritime Automatic Identification System (AIS), Air Traffic Control Automatic Dependent Surveillance, and weather
monitoring; providing the ability for customers to demonstrate that a technology (hardware or software) performs successfully in the
harsh environment of space and delivering space services. Our operating strategy is to continue to capitalize on our smart vertical integration
to enhance the capabilities of our multi-mission satellite constellation, to design and manufacture satellites for government and commercial
customers utilizing our advanced and proprietary technologies, to increase our international and domestic partnerships and to expand
our coincident data analytics offerings in order to increase the value we deliver to our customers. Our two primary operating assets—our
satellite constellation and our manufacturing facility and capability - complement each other and are the result of years of experience
and innovation. 

Key Factors Affecting
Our Results and Prospects

We believe that our performance
and future success depend on several factors that present significant opportunities but also pose risks and challenges, including competition
from better known and well-capitalized companies, the risk of actual or perceived safety issues and their consequences for our reputation
and the other factors discussed under “Risk Factors.” We believe the factors discussed below are key to our success.

Expanding Commercial
Satellite Operations

Our goal is to enable customers
to meet their mission objectives with cost-effective solutions and to help them understand how space-based data can be impactful to day-to-day
business. Our strategy includes increasing the demand downstream by starting out as end user focused. While others are focused on a data
verticalization strategy specializing in key