
Sidus Space Partners with VORAGO Technologies to Advance Radiation-Hardened Compute Capabilities for Scalable Space and Defense Infrastructure
'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,' Valerij Ojdanic, Chief Technology Officer at Sidus Space.
We believe this partnership positions Sidus at the forefront of resilient space and defense systems, enabling the Company to test and integrate VORAGO's new high-performance MCU, designed for operation in extreme space and defense environments, into future Sidus multi-domain missions. The collaboration supports Sidus' mission to deliver mission-critical solutions, enabling resilient, real-time capabilities across both government and commercial sectors.
Sidus Space has previously utilized VORAGO MCUs, but will now play a pivotal role in the early validation and system-level integration of VORAGO's future high-performance radiation-hardened microcontroller, to be announced later this year. This strategic partnership is designed to accelerate development and deployment cycles for Sidus' next-generation platforms while providing VORAGO with real-world performance feedback to refine and optimize the technology.
'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,' Valerij Ojdanic, Chief Technology Officer at Sidus Space. 'Our early collaboration with VORAGO allows us to help shape and qualify next-generation hardware that aligns with our performance standards and integration timelines.'
Through the Alpha Customer Program, Sidus will receive early access to engineering samples, development tools, and dedicated technical support. Together, the two teams will advance the microcontroller through joint design reviews, software and hardware integration, and in-system validation, with the goal of transitioning to production ready deployment by 2026.
'We're excited to collaborate with Sidus Space, a partner that shares our commitment to pushing the boundaries of what is possible in space and defense,' said Bernd Lienhard, CEO of VORAGO Technologies. 'By combining our next-generation radiation-hardened microcontroller technology with Sidus' agile and innovative platforms, we're accelerating the deployment of resilient electronics that can thrive in the harshest conditions, enabling smarter, faster, and more capable missions.'
As Sidus continues to expand its technologies that include ruggedized high-powered onboard computer systems, AI products & services, satellite manufacturing & technology integration, and space-based data solutions, partnerships like this enhance its ability to deliver full-stack solutions that meet evolving mission needs while advancing next-generation capabilities in space.
About Sidus Space
Sidus Space (NASDAQ: SIDU) is an innovative space and defense technology company offering flexible, cost-effective solutions, including satellite manufacturing and technology integration, AI-driven space-based data solutions, mission planning and management operations, AI/ML products and services, and space and defense hardware manufacturing. With its mission of Space Access Reimagined ®, Sidus Space is committed to rapid innovation, adaptable and cost-effective solutions, and the optimization of space system and data collection performance. With demonstrated space heritage, including manufacturing and operating its own satellite and sensor system, LizzieSat ®, Sidus Space serves government, defense, intelligence, and commercial companies around the globe. Strategically headquartered on Florida's Space Coast, Sidus Space operates a 35,000-square-foot space manufacturing, assembly, integration, and testing facility and provides easy access to nearby launch facilities. For more information, visit: sidusspace.com.
About VORAGO Technologies
VORAGO leads the industry in providing radiation hardened and radiation tolerant microcontrollers and microprocessors for Aerospace, Defense and Industrial projects around the globe. VORAGO's patented HARDSIL ® technology uses cost-effective, high-volume manufacturing to harden any commercially designed semiconductor component for extreme environment operations. VORAGO primarily serves Aerospace & Defense customers in North America and Europe and has a deep flight heritage. VORAGO is a privately held company based in Austin, Texas. Learn more at voragotech.com.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute 'forward-looking statements' within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'will,' 'would' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors described more fully in the section entitled 'Risk Factors' in Sidus Space's Annual Report on Form 10-K for the year ended December 31, 2024, and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Sidus Space, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Freshpet CEO Says 'Outsized Growth' Expected Despite Lowered Sales Target
Freshpet Inc. (NASDAQ:FRPT) stock rallied on Monday after it reported second-quarter 2025 earnings of 33 cents per share, beating the consensus estimate of 16 cents. Net sales rose 12.5% year-over-year to $264.7 million but missed the analyst estimate of $268.9 million. Sales growth was driven by a 10.8% increase in volume and a 1.7% improvement in price and mix. Net income was $16.4 million, reversing a net loss of $1.7 million in the year-ago quarter. Gross profit rose to $108.2 million, or 40.9% of net sales, up from $94.0 million, or 39.9%. Also Read: Adjusted gross margin improved to 46.9% from 45.9%. Adjusted EBITDA increased to $44.4 million from $35.1 million, with the margin expanding to 16.8% from 14.9%. SG&A expenses fell to $90.4 million from $95.7 million, or 34.1% of net sales versus 40.7% a year ago. Adjusted SG&A totaled $79.6 million, or 30.1% of net sales, compared to $72.9 million, or 31.0%, in the prior-year period. The company reported operating cash flow of $38.7 million year-to-date, down $9.1 million from the prior year, primarily due to one-time items and higher incentive compensation payments. Capital expenditures totaled $59.9 million through the second quarter. As of June 30, 2025, cash and cash equivalents stood at $243.7 million, with $396.2 million of debt outstanding. View more earnings on FRPT Operationally, Freshpet noted 170 basis points of improvement across quality, input, and logistics costs in the quarter. Ennis Kitchen became the company's most profitable facility. A new production line for bagged product is expected to be commissioned in Bethlehem in the fourth quarter of 2025, with potential retrofits starting in the second half of 2026. These upgrades are expected to reduce capital needs by at least $100 million between 2025 and 2026. Freshpet's household penetration rose 11% year-over-year, while its Most Valuable Pet Parents (MVPs) cohort increased 18%. The company added 1.4 million households over the past year and reported a 6% increase in buy rate. Store count reached 29,141 locations, with 24% of stores now hosting multiple fridges. 'Against a more challenging consumer sentiment backdrop, we continue to significantly outperform the dog food category – delivering both category leading sales growth and strong improvements in operations,' commented Billy Cyr, Freshpet's CEO. 'As a nimble growth company that is adapting to an economically constrained consumer, we are intensely focused on what we can control. That includes accelerating our advertising and distribution programs, reducing our capital expenditures, and strengthening our operations. On the other hand, we will be pragmatic about what we can't control, so we are revising our current year's net sales target and removing our long-term net sales target to match the environment we are facing today. We still believe we will deliver outsized growth for a long period of time, but we need to plan for the current economic realities. In total, we believe the actions we are taking position us well to create significant shareholder value and fulfill our mission to elevate the way we feed our pets with fresh food that nourishes all.' Outlook Freshpet updated its 2025 outlook, now expecting net sales growth of 13% to 16%, down from 15% to 18%. Adjusted EBITDA guidance remains unchanged at $190 million to $210 million. Capital expenditures are now forecast at approximately $175 million, reduced from the prior $225 million estimate. The company also updated its long-term guidance, removing its $1.8 billion net sales target for 2027 due to slower growth. However, it reaffirmed its other long-term goals: an adjusted gross margin of 48% and an adjusted EBITDA margin of 22%. Management anticipates the company will be free cash flow positive by 2026. The company expects to continue to deliver growth significantly in excess of the dog food category. Price Action: FRPT shares are trading higher by 8.15% to $71.22 at Monday's last check. Read Next:Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? FRESHPET (FRPT): Free Stock Analysis Report This article Freshpet CEO Says 'Outsized Growth' Expected Despite Lowered Sales Target originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
22 minutes ago
- Business Wire
U.S. News & World Report Names Cintas One of the Best Companies to Work For 2025-2026
CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) has been recognized by U.S. News & World Report as one of the best companies to work for in 2025-2026. This award demonstrates Cintas' strong commitment to creating a workplace culture where employee-partners feel supported and are given opportunities to thrive. 'At Cintas, we believe that our employee-partners are our greatest strength,' said Todd Schneider, Cintas President and CEO. 'This award recognizes their dedication to our culture, where employee-partners feel valued and empowered. We are always proud to receive these awards and be recognized as a great place to work.' To create this list, U.S. News evaluated the largest 5,000 publicly traded companies as of January 2025. The rankings are derived from an independent analysis of employee sentiment combined with publicly available data. The key factors evaluated included: Quality of pay and benefits Work-life balance and flexibility Job and company stability Physical and psychological comfort Belongingness and esteem Career opportunities and professional development Cintas was also recognized in one of the major categories, including Best Workplaces in the Midwest. About Cintas Corporation Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers' facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor's 500 Index and Nasdaq-100 Index.
Yahoo
26 minutes ago
- Yahoo
Super Micro (SMCI) Q2 Earnings: What To Expect
Server solutions provider Super Micro (NASDAQ:SMCI) will be reporting earnings this Tuesday after the bell. Here's what investors should know. Super Micro missed analysts' revenue expectations by 2.7% last quarter, reporting revenues of $4.6 billion, up 19.5% year on year. It was a slower quarter for the company, with a significant miss of analysts' operating income estimates and a significant miss of analysts' EPS guidance for next quarter estimates. Is Super Micro a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Super Micro's revenue to grow 12.1% year on year to $6.00 billion, slowing from the 145% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.44 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 4 downward revisions over the last 30 days (we track 10 analysts). Super Micro has missed Wall Street's revenue estimates five times over the last two years. Looking at Super Micro's peers in the it services & other tech segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Xerox posted flat year-on-year revenue, beating analysts' expectations by 1.6%, and Applied Digital reported a revenue decline of 13%, in line with consensus estimates. Xerox traded down 24.7% following the results while Applied Digital was up 31.3%. Read our full analysis of Xerox's results here and Applied Digital's results here. Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the it services & other tech stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Super Micro is up 19.5% during the same time and is heading into earnings with an average analyst price target of $45.38 (compared to the current share price of $56.31). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.