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Re: None

Saturday, 03/18/2023 11:04:28 AM

Saturday, March 18, 2023 11:04:28 AM

Post# of 1094
Agree, and they should have money, because these numbers until the end of 2022, they got $5.2 million from offering at this quarter, and $2.5 million contract, and much more, so Q1 should be really good .
As of December 31, 2022, the Company had $2.3 million in cash. The Company has continued to invest in expanding operations and launch contracts as well as logistics and equipment related to the development of its satellite operations.
Subsequent to the end of the quarter, the Company closed on an underwritten public offering, generating gross proceeds of $5.2 million.

As part of an effort to expand its reach into the international market, Sidus Space was awarded a $2.5 million agreement with The Netherlands Organization for Applied Scientific Research (TNO) to deploy and test TNO's laser communications technology aboard a Sidus' LizzieSat™ satellite. The Company also announced plans to increase its presence in Europe by opening a new office in the Netherlands.
Huge potential IMO .
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