Sidus Space Appoints Adarsh Parekh As New CFO

(RTTNews) - Sidus Space (SIDU), a space mission enabler, announced Tuesday the appointment of Adarsh Parekh as its new Chief Financial Officer, effective January 27, 2025.

Reporting directly to Carol Craig, Founder, Chairman, and CEO of Sidus Space, Parekh will lead all financial operations focusing on optimizing efficiency and advancing the company's mission to achieve sustainable growth and profitability.

Parekh brings over two decades of financial expertise. Most recently, Parekh served as CFO of Terran Orbital Corp. and directed all finance and accounting functions. His experience in financial services and financial operations also includes serving as CFO of Alio, Inc. and Woodspur Farms, LLC.

He has held senior positions at RRG Capital Management LLC, OneWest Bank FSB, and Libra Securities, LLC and began his career in the Investment Banking Division at Lehman Brothers, Inc.

Sidus Space said it continues to strengthen its leadership team as it expands its position in the rapidly evolving space economy, with a focus on delivering innovative solutions while achieving financial milestones and operational excellence.