Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 635

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 635
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 the individual to a global scale.

Employee well-being lies
at the heart of our mission. Rooted in a culture of family and community, we uphold our core values by offering robust benefits, educational
assistance, and a safe, healthy work environment for all. We also celebrate the value of diversity—because our company was built
on it—and continue to foster an inclusive workplace where everyone can thrive.

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We believe that strong communities
are fundamental to our success. That belief inspired the creation of Sidus Serves, our initiative dedicated to improving life
on Earth through meaningful community engagement. Volunteerism is an integral part of our culture. We actively support K–12 education,
assist military personnel and veterans, champion environmental stewardship, and contribute our time and resources to local nonprofits.

Our employees are deeply
passionate about making a difference, and we proudly invest in the communities where they live and work. We’re especially committed
to supporting local STEM programs and schools, with a focus on bridging the opportunity gap in the aerospace industry. Through partnerships
with organizations that provide hands-on STEM learning to a diverse range of students, we are helping to build a more inclusive and innovative
future.

Governance

Our governance structure
is designed to promote transparency, efficiency, and ethics. Through a qualified and diverse chain of command, we are confident that
our decision making will carry out performance at the highest degree. Our Board of Directors consists of professionals with strong executive
experience, business strategy and leadership skills. Our board consists of 5 independent directors alongside our CEO.

Our Growth Strategies

We are focused on empowering
end users, developers, channel partners and the organizations they serve to quickly and easily access and integrate real-time geospatial
intelligence into their daily operations and prove out technologies to further grow the space ecosystem. Our growth strategy is driven
by the following objectives:

Increase our overall
customer base. As an established heritage aerospace firm, we are positioned at the forefront of the ongoing political and secular
shift toward space-based communications and data derived from commercial satellite and intelligence providers. This evolving landscape
presents a significant opportunity to expand our customer base through a combination of direct and indirect sales strategies. To support
this growth, we are actively scaling both our direct sales teams and our global network of indirect sales channels.

Expand within our current
customer base. As our satellite design and manufacturing and space-based data offerings grow and deliver results, we expect that
our current customers will increase their spending on our expanded services.