Look Ma, no SPAC! Sidus chief explains conventional IPO & ITU-registered plans for multi-customer constellation

Share this post

Share on facebook
Share on twitter
Share on linkedin

This post was originally published on this site

image

PARIS — In the shadow of several spectacular SPAC-enable stock introductions in the space sector, Sidus Space, the former Craig Technologies Aerospace Solutions, in December completed a standard-issue IPO on the U.S. Nasdaq.

The company issued 3 million new shares priced at $5, raising gross proceeds of $15 million that will go toward Sidus’s planned space-as-a-service constellation of 100-kg, 3D-printed spacecraft for multiple customers and payloads.

Florida-based Sidus filed for a constellation of 100-plus satellites . . .

To view the entire article, become a subscriber!

Leave a Reply

Subscribe to Space Channel & Stay Up To Date

Subscribe to Space Channel & Stay Up To Date

Ads Blocker Image Powered by Code Help Pro
Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.

CloseRefresh
Powered By
CHP Adblock Detector Plugin | Codehelppro