# Who are Sidus Space's customers? Who does Sidus Space earn revenue from?
Canonical: https://valuechain.wiki/sidus-space · Facet: customers · Updated: 2026-10-09T17:24:43.186+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Sidus Space's confirmed revenue counterparties include Teledyne Marine (Teledyne Technologies) plus 4 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 revenue edges, backed by 10 dated sources, 3 of them primary filings (as of 2026-10-09).

### Craig Technical Consulting (CTC, 클래스B 보유) (high)
- metric: shares held 100,000 Class B 주식(주당 10표) · 2026-04-28 기준일 · 100,000 Class B shares held by CTC (1M votes, a minority against 80.76M Class A shares)
- note: Sidus began as a subsidiary of Craig Technical Consulting (CTC) before its 2021 IPO. CTC holds 100,000 Class B shares (10 votes each) and CEO Carol Craig solely owns CTC. After the April and May 2026 registered direct offerings ($146.2M net) expanded the Class A count, that voting weight was diluted to roughly 1%.
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-04-28) https://www.sec.gov/Archives/edgar/data/1879726/000149315226019402/formdef14a.htm: "Carol Craig (1) 5,000 100,000 ... (1) Carol Craig is the sole owner of CTC and has beneficial ownership of the Class B shares of common stock held by CTC. ... each share of Class B common stock represents 10 votes"

### Lonestar Data Holdings (high)
- metric: framework value $120M · 예비합의 · Preliminary lunar data-storage agreement value (LizzieSat-5 pathfinder separate, undisclosed)
- note: Sidus designs, integrates and deploys Lonestar's high-capacity digital data-storage (StarVault) payloads on LizzieSat; Commercial Pathfinder Mission for LizzieSat-5 finalized 2025-10-27, later expanded. Separate $120M preliminary agreement for future lunar data-storage spacecraft
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-08-13) https://www.sec.gov/Archives/edgar/data/1879726/000149315226037731/form10-q.htm: "Customer concentrations (more than 10%) ... Percentage of Revenue for the three months / six months ended June 30, 2026 and 2025: Lonestar Data Holdings, Inc - - 14 % - - -"
- [confirms] PR Newswire (EN, news, published 2026-04-15) https://www.prnewswire.com/news-releases/sidus-space-expands-existing-agreement-with-lonestar-data-holdings-inc-to-support-additional-starvault-orbital-data-storage-payload-302742788.html: "Sidus Space is currently building the first StarVault payload, which is scheduled to launch aboard LizzieSat-4; the amendment expands the scope of Sidus' work under its ongoing partnership with Lonestar."
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-04-01) https://www.sec.gov/Archives/edgar/data/1879726/000149315226014547/form10-k.htm: "Amended and extended the Lonestar Holdings lunar satellite manufacturing contract, increasing the total value to $120 million. Signed a contract to integrate the Lonestar Commercial Pathfinder Mission onto LizzieSat-5."
- [confirms] Sidus Space IR (EN, ir, published 2025-10-27) https://investors.sidusspace.com/news-events/press-releases/detail/258/sidus-space-finalizes-commercial-pathfinder-mission: "Sidus will design, develop, and integrate one Lonestar payload onto LizzieSat-5, along with arranging deployment and payload commissioning in coordination with Lonestar."

### Craig Technologies (관계사, CEO 소유) (high)
- metric: Revenue share 47% · FY2025 · Craig Technologies share of Sidus FY2025 total revenue ($3.4M) per the 10-K (8% in 2024); 17% in H1 2026
- note: Related-party revenue subcontracted from Craig Technical Consulting (d/b/a Craig Technologies), solely owned by CEO Carol Craig. Government work such as building U.S. Navy propulsion trainers (about $2M) flows through CTC. It was the largest customer at 47% of FY2025 revenue, but fell to 17% in H1 2026 (9% in Q2), while CTC still accounted for 79% of receivables at end-June 2026. The office sublease and past loans are also related-party dealings with CTC.
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-08-13) https://www.sec.gov/Archives/edgar/data/1879726/000149315226037731/form10-q.htm: "Customer concentrations (more than 10%) ... Percentage of Revenue for the three months / six months ended June 30, 2026 and 2025: Craig Technologies 9 % 45 % 17 % 43 % 79 % 86 %"
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-04-01) https://www.sec.gov/Archives/edgar/data/1879726/000149315226014547/form10-k.htm: "Customer concentrations (more than 10%) ... Percentage of Revenue for the years ended December 31, 2025 and 2024: Bechtel 14 % 40 % ... Craig Technologies 47 % 8 % ... TNO - 18 % ... Total (as a group) 61 % 66 %"

### Teledyne Marine (Teledyne Technologies) (high)  → /teledyne.md
- metric: Revenue share 20% · 2026 상반기 · Teledyne Marine share of Sidus H1 total revenue ($0.94M) per the 10-Q customer-concentration table (Q2 alone 19%)
- note: Contract-manufacturing revenue from supplying machined and assembled components to Teledyne Marine, Teledyne's marine instrumentation and subsea group. A first two-year master supply agreement (MSA) in July 2019 and a two-year product pricing agreement (PPA) in September 2021 were followed by a July 2022 scope expansion to the Massachusetts facility (Texas and Florida continue). It became the largest customer at 20% of H1 2026 revenue (19% in Q2), up from below 10% a year earlier.
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-08-13) https://www.sec.gov/Archives/edgar/data/1879726/000149315226037731/form10-q.htm: "Customer concentrations (more than 10%) ... Percentage of Revenue for the three months / six months ended June 30, 2026 and 2025: Teledyne Marine 19 % - 20 % - 7 % - Total (as a group) 29 % 85 % 55 % 87 % 86 % 95 %"
- [confirms] SatNews (EN, news, published 2022-07-21) https://news.satnews.com/2022/07/21/sidus-space-expands-relationship-and-deliverables-to-teledyne-technologies/: "Sidus Space will now manufacture components for Teledyne Marine's Massachusetts facility and will continue supplying components to Teledyne Marine's facilities in Texas and Florida."
- [confirms] Sidus Space IR (EN, ir, published 2022-07-19) https://investors.sidusspace.com/news-events/press-releases/detail/36/sidus-space-expands-relationship-and-increases-deliverables: "Sidus Space signed its first two-year master supply agreement (MSA) with Teledyne Marine in July 2019, followed by a two-year product pricing agreement (PPA) in September 2021."

### Bechtel (NASA 모바일런처2) (high)
- metric: Revenue share 14% · FY2025 · Bechtel share of Sidus FY2025 total revenue per the 10-K (40% in 2024); shrank to 4% in H1 2026 as ML2 cable deliveries wound down
- note: As Bechtel subcontractor, Sidus fabricates custom cables and populates electronics cabinets for NASA's Mobile Launcher 2 (Artemis SLS ground launch platform); initial award Jan 2023, additional award Dec 2023, cabinets delivered thereafter
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-08-13) https://www.sec.gov/Archives/edgar/data/1879726/000149315226037731/form10-q.htm: "Customer concentrations (more than 10%) ... Percentage of Revenue for the three months / six months ended June 30, 2026 and 2025: Bechtel 1 % 25 % 4 % 37 % - 9 %"
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-04-01) https://www.sec.gov/Archives/edgar/data/1879726/000149315226014547/form10-k.htm: "Customer concentrations (more than 10%) ... Percentage of Revenue for the years ended December 31, 2025 and 2024: Bechtel 14 % 40 % ... Craig Technologies 47 % 8 % ... TNO - 18 % ... Total (as a group) 61 % 66 %"
- [confirms] SatNews (EN, news, published 2023-12-08) https://news.satnews.com/2023/12/08/sidus-space-awarded-additional-bechtel-cable-assembly-contract-for-mobile-launcher-2/: "Sidus Space has been selected by Bechtel to manufacture additional cables in support of the NASA Mobile Launcher 2 contract for the Artemis missions."
- [confirms] Sidus Space IR (EN, ir, published 2023-01-03) https://investors.sidusspace.com/news-events/press-releases/detail/69/sidus-space-awarded-bechtel-cable-assembly-contract-for: "Sidus Space, Inc. (NASDAQ:SIDU) has been selected by Bechtel Corporation to manufacture cables for the NASA Mobile Launcher 2 project, fabricating custom cables and populating unique electronics cabinets supporting the launch control subsystem and ground special power subsystems."

### NASA (Stennis ASTRA) (mid)
- note: Sidus hosted/executed NASA Stennis Space Center's first in-flight autonomous systems software mission (ASTRA) on LizzieSat-1 and secured a follow-on ASTRA contract; NASA is a key government customer
- [confirms] U.S. SEC (EDGAR) (EN, filing, published 2026-04-01) https://www.sec.gov/Archives/edgar/data/1879726/000149315226014511/ex99-1.htm: "Total revenue for the twelve months ending December 31, 2025, was approximately $3.4 million, a decrease of approximately $1.3 million or 28% compared to total revenue for the twelve months ended December 31, 2024."
- [mentions] Sidus Space IR (EN, ir, published 2024-03-05) https://investors.sidusspace.com/news-events/press-releases/detail/167/sidus-space-receives-signals-from-lizziesat-after: "LizzieSat carries NASA Stennis Space Center's first-ever in-flight autonomous systems software mission."

Reverse side: https://valuechain.wiki/sidus-space/suppliers.md · Ripple: https://valuechain.wiki/sidus-space/ripple.md

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