Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1114

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1114
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the laws or regulations to which we are or may become subject, particularly where the layers are in conflict, could require alteration
of our manufacturing processes or operational parameters which may adversely impact our business. We may not be in complete compliance
with all such requirements at all times and, even when we believe we are in complete compliance, a regulatory agency may determine that
we are not. The timing of our satellite deployments may depend on the ability of our partners to secure regulatory licenses from the
FAA and the FCC/ITU.

A
component of our near-term strategy involves increasing our launch cadence by accelerating our development and production efforts and
adding additional launch partners. Our ability to achieve this increased launch cadence within the timeframe in which we hope to do so
will depend on the ability of our launch partners to secure the necessary regulatory licenses from the FAA, the FCC/ITU and other regulatory
authorities. If our launch partners fail to obtain the licenses necessary to support our anticipated launch cadence, or any delays or
hurdles that present in our interactions with the FAA, the FCC/ITU or other regulatory authorities, could impact our ability to grow
our business, could delay our ability to execute on our existing and future customer contracts and could adversely affect our business
and results of operations.

We
are subject to stringent U.S. export and import control laws and regulations. Unfavorable changes in these laws and regulations or U.S.
government licensing policies, our failure to secure timely U.S. government authorizations under these laws and regulations, or our failure
to comply with these laws and regulations could have a material adverse effect on our business, financial condition, and results of operation.

Our
business is subject to stringent U.S. import and export control laws and regulations as well as economic sanctions laws and regulations.
We are required to import and export our products, software, technology, and services, as well as run our operations in the United States,
in full compliance with such laws and regulations, which include the EAR, the ITAR, and economic sanctions administered by the Treasury
Department’s OFAC. Similar laws that impact our business exist in other jurisdictions. These foreign trade controls prohibit, restrict,
or regulate our ability to, directly or indirectly, export, deemed export, re-export, deemed re-export or transfer certain hardware,
technical data, technology, software, or services to certain countries and territories, entities, and individuals, and for end uses.
If we are found to be in violation of these laws and regulations,