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CAPE CANAVERAL, Fla. - Sidus Space (NASDAQ:SIDU), a space technology company with a market capitalization of $30 million and holding more cash than debt on its balance sheet, announced Monday a strategic collaboration with VORAGO Technologies to test and integrate new radiation-hardened microcontroller technology through VORAGO’s Alpha Customer Program.According to InvestingPro data, analysts expect Sidus Space to see 140% revenue growth in 2025, making this technological advancement particularly significant for the company’s growth trajectory.
The partnership will allow Sidus Space to evaluate VORAGO’s upcoming high-performance microcontroller, designed specifically for extreme space and defense environments, before its official release later this year. Sidus has previously used VORAGO microcontrollers in its systems.
Under the agreement, Sidus will receive early access to engineering samples, development tools, and technical support. The companies aim to have production-ready deployment by 2026 following joint design reviews and system validation.
"At Sidus, we focus on building systems that are not only innovative but ruggedized for the environments in which our customers operate, whether in space or in support of national defense," said Valerij Ojdanic, Chief Technology Officer at Sidus Space, according to the press release.
Bernd Lienhard, CEO of VORAGO Technologies, stated that the collaboration would accelerate "the deployment of resilient electronics that can thrive in the harshest conditions."
Sidus Space provides satellite manufacturing, technology integration, and space-based data solutions from its 35,000-square-foot manufacturing facility on Florida’s Space Coast. VORAGO Technologies specializes in radiation-hardened semiconductor components for aerospace and defense applications.
The information in this article is based on a company press release statement.
In other recent news, Sidus Space reported a significant drop in revenue for Q1 2025, with a 77% decrease compared to the same period in 2024, resulting in revenue of $238,000. The company also faced increased losses, reporting a net loss of $6.4 million, up from $3.8 million the previous year. Despite these challenges, Sidus Space improved its cash position to $11.7 million, up from $6.2 million. The company announced the selection of Atomic-6 solar arrays for its LizzieSat satellites, which will support Lonestar Data Holdings’ lunar data center project. Sidus Space also introduced the Fortis VPX computing system, designed for high-reliability environments and equipped with AI/ML capabilities, which aligns with the SOSA technical standard to reduce lifecycle costs. CEO Carol Craig highlighted the company’s strategic direction towards commercialization, with the successful launch of LISISAT 3 and the transition from research and development. Additionally, Sidus Space has been deploying operational AI in space, positioning itself as an early entrant in space-qualified AI/Edge platforms. The company is actively working on expanding its satellite services and securing initial product orders for its VPX systems.
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