Sidus Space (SIDU) Q2 FY26 earnings call

Sidus Space completed a significant capital raise in Q2 FY26, securing $158.5 million in gross proceeds to strengthen its balance sheet and accelerate commercialization efforts. The company's next LizzieSat successfully passed environmental qualification, paving the way for the first flight of its Fortis VPX Maxima digital mission computing platform, which is expected to achieve TRL9. While revenue declined year-over-year, the focus is shifting from technology validation to customer adoption and recurring revenue generation, supported by enhanced financial flexibility and increased institution