Sidus Space Announces Quarterly
Financial Results (Source: Sidus Space)
Sidus Space announced recent company highlights and financial results
for the first quarter ended March 31, 2022. Revenue increased to
$1,799,335 for the three months ended March 31 from $153,136 in the
comparable period of 2021, an increase of 1075%. This was driven by
growth in number of customers and significant growth in the size of
contracts.
Gross Profit increased to $978,337 for the three months ended March 31
from a loss of $134,540 in the comparable period of 2021. (5/13)
SpaceX Launches Starlink Satellites
From California Spaceport (Source: SpaceX)
SpaceX launched a Falcon 9 with 53 Starlink satellites to low-Earth
orbit from Vandenberg Space Force Base in California on Friday
afternoon. Following stage separation, the rocket's first stage
returned to Earth and landed on the Of Course I Still Love You
droneship stationed in the Pacific Ocean. (5/13)
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