Added to YB: 2026-04-09
Pitch date: 2026-04-06
SIDU [bearish]
Sidus Space, Inc.
-8.27%
current return
Author Info
Fugazi Research exposes inflated valuations built on illusion — not substance. We dissect the narratives, trace the incentives, and reveal who’s really cashing in. In a market full of noise, we show what’s real behind the fugazi. Sign up for the newsletter.
Company Info
Sidus Space, Inc. engages in the design, manufacture, launch, and data collection of commercial satellite worldwide.
Market Cap
$139.7M
Pitch Price
$3.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
-4.54
P/E
-1.76
EV/Sales
31.16
Sector
Aerospace and Defense
Category
N/A
$SIDU: The Final Orbit before Disaster
SIDU (short): FY25 rev plunged 28% to $3.4M while cost of rev surged 48%, yielding -168% gross margin & $29.5M net loss (9x revenue). CEO's firm CTC = 47% of rev, 86% of A/R; independent customers (Bechtel, TNO) vanished. Flagship LizzieSat-1 written off after 18mo; LizzieSat-2 still uncommissioned 15mo post-launch. $120M Lonestar contract questionable as counterparty raised only $6.6M & faces well-funded rivals. SHIELD IDIQ has 2,440 awardees, no task orders issued. Mgmt certified internal controls 'NOT effective' vs prior yr. $100M ATM enables dilution w/o warning. Fundamentally uninvestable.
Read full article (11 min)