Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 732

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 732
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 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 sectors or a problem set, we believe that flexibility in production, low-cost, standardized
design and offering ‘Space Access Reimagined’ for consumers will provide a scalable model for growth. In just over twelve
months, we successfully launched and began operations with three LizzieSat® multi-mission satellites for a multi-mission constellation.
Designed to be modular, flexible, and cost-effective, our proven LizzieSat® platform enables rapid mission configuration and scalability
across a wide range of satellite sizes, efficiently addressing unique mission requirements. Built with several proprietary Sidus designs
for reusable core components, our smart vertical integration provides greater control over the supply chain, ensuring seamless integration
of all components—whether developed in-house or sourced externally. This integrated approach offers a distinct advantage over competitors
who rely on purchasing and integrating hardware, software, and subsystems from multiple vendors.

Our existing, proven manufacturing
facility and infrastructure provides scalable and streamlined manufacturing with flexible and efficient cycles tailored to both internal
and external end-users. We ensure controlled product quality and service through the use of space-qualified Commercial Off-the-Shelf
(COTS) components, along with our AS9100 certified capability to manufacture our own space supply chain products. Our modular design
supports flexible technology integration, enabling rapid incorporation of variable sensors and mission-specific technologies. By spreading