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!