Sidus Space Logs 28% Revenue Decline to $3.4M as LizzieSat-3 Launches
Sidus Space expanded its on-orbit capabilities with the March 2025 launch and commissioning of LizzieSat-3, advanced its AI-enabled computing ecosystem, and secured a $120 million extension to its lunar satellite manufacturing agreement. Full-year 2025 revenue fell by 28% to $3.4 million while gross loss widened to $5.7 million.
1. Operational Milestones
Sidus Space commissioned LizzieSat-3 in March 2025, marking an expansion of its on-orbit satellite fleet and demonstrating sub-5-meter imagery resolution, maritime AIS sensing, and AI-enabled real-time processing through the Orlaith ecosystem.
2. Contract Wins and Partnerships
The company extended its Lonestar Data lunar manufacturing agreement to $120 million, secured five-year IDIQ contracts with the Missile Defense Agency and Tobyhanna Army Depot, and signed MOUs with Saturn Satellite Networks, Reflex Aerospace, Maris-Tech, and Simera Sense to develop next-generation GEO, AI, and hyperspectral payloads.
3. Financial Performance
Full-year 2025 revenue declined 28% to $3.4 million while cost of revenue rose 48% to $9.1 million, driving a $5.7 million gross loss and negative 168% margin; SG&A expenses totaled $22.3 million, including a $4.5 million non-cash impairment.
4. Strategic Outlook
Sidus Space expects depreciation impacts to be offset by growth in high-margin satellite manufacturing, data services, and AI-powered analytics as it advances its next-generation platforms, expands its patented IP portfolio, and targets recurring revenue from its LizzieSat fleet.