Sidus Space completed its NASA Phase II Sequential Award with Xiomas Technologies, delivering a custom FeatherEdge Data Processing Unit, advanced software, and a final report for a thermal‑imaging application. The milestone marks the first time Sidus’s edge‑processing technology has been fully integrated into a NASA‑approved system, expanding the company’s presence in government space programs.
The award underscores Sidus’s strategy of embedding its LizzieSat satellite bus and Orlaith AI ecosystem into high‑value missions, positioning the company for higher‑margin, recurring revenue streams. By demonstrating compliance with stringent NASA standards, Sidus is validating the commercial viability of its on‑orbit data‑processing platform.
Despite the milestone, Sidus’s Q3 2025 financial results show a 31% decline in revenue to $1.3 million and a net loss of $6 million, driven by a strategic pivot away from legacy services and higher depreciation costs. The company is investing heavily in new commercial models, which temporarily compresses margins but is intended to build a more sustainable revenue base.
CEO Carol Craig highlighted that the NASA award demonstrates Sidus’s ability to meet rigorous government requirements and accelerate complex missions, while the company remains focused on disciplined execution and cost control to navigate current headwinds.
Sidus also continues to advance its commercial partnership with Lonestar Data Holdings, a $120 million agreement for lunar data‑storage spacecraft, which complements the NASA milestone and signals broader market acceptance of Sidus’s technology.
Investors responded positively to the announcement, reflecting confidence in Sidus’s strategic shift toward high‑value, recurring revenue streams, even as the company works to stabilize its financial performance.
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