Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

InvestorNewsBreaks – Sidus Space Inc. (NASDAQ: SIDU) Secures $5.2M in Underwritten Public Offering

Sidus Space (NASDAQ: SIDU), a “Space-as-a-Service” satellite company, recently announced the closing of its underwritten public offering of 17,250,000 shares of its Class A common stock (or pre-funded warrants in lieu thereof), which included the full exercise of the underwriters’ over-allotment option. Each share of Class A common stock was sold to the public at a price of $0.30. Sidus Space secured approximately $5.2 million in gross proceeds from the offering and intends to use the net proceeds for sales and marketing, operational costs, product development, manufacturing expansion and for working capital and other general corporate purposes. Boustead Securities LLC and EF Hutton, division of Benchmark Investments LLC, acted as the representatives of the underwriters for the offering.

To view the full press release, visit https://ibn.fm/QjHGg

About Sidus Space

Sidus Space, located in Cape Canaveral, Florida, operates from a 35,000-square-foot manufacturing, assembly, integration and testing facility focused on commercial satellite design, manufacture, launch and data collection. The company’s rich heritage includes the design and manufacture of many flight and ground component parts and systems for various space-related customers and programs. Sidus Space has a broad range of “Space-as-a-Service” offerings including space-rated hardware manufacturing, design engineering, satellite manufacturing and platform development, launch and support services, data analytics services and satellite constellation management. Sidus Space has a mission of Bringing Space Down to Earth(TM) and a vision of enabling space flight heritage status for new technologies while delivering data and predictive analytics to domestic and global customers. Any corporation, industry or vertical can start their journey off-planet with Sidus Space’s rapidly scalable, low-cost satellite services, space-based solutions and testing alternatives. More than just a “Satellite-as-a-Service” provider, Sidus Space is a trusted mission partner–from concept to low Earth orbit and beyond. Sidus is ISO 9001:2015, AS9100 Rev. D certified and ITAR registered. For more information about the company, visit www.SidusSpace.com.

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