Sidus Space Raises $100 Million, Closing Public Offering

Sidus Space (NASDAQ: SIDU) finalized its best-efforts public offering on May 29, 2026. The transaction generated approximately $100 million in gross proceeds.

The space and defense technology firm sold 19,685,039 shares of Class A common stock and pre-funded warrants. Each share or warrant was priced at $5.08.

Sidus Space intends to use the net proceeds for working capital and general corporate purposes. ThinkEquity served as the sole placement agent for the transaction.