Sidus Space Inc (NASDAQ:SIDU) announced that Alan Khalili will assume the role of Chief Financial Officer effective July 27, succeeding John Burke, who had been serving as interim CFO during the company’s transition period. Khalili arrives with more than two decades of executive finance leadership across the space, satellite and technology sectors, encompassing experience in investment banking, public accounting, co‑founding a space‑based global aviation‑surveillance data platform, and serving as CFO of a public company. In his new capacity, Khalili will oversee financial planning and analysis, accounting, treasury, investor‑relations support, internal controls, compliance, and capital allocation, and will support Sidus Space’s commercialization initiatives and strategic growth across both government and commercial markets. CEO and Founder Carol Craig stated that Khalili’s background in leading finance organizations through transformation periods and his expertise in public‑company operations will bolster the company’s expansion in satellite manufacturing and the commercialization of its Fortis VPX digital mission computing platform and associated artificial‑intelligence technologies. Following the announcement, Sidus Space’s shares on the NASDAQ fell approximately 3% on Friday, reflecting a market reaction to the leadership change. The appointment underscores Sidus Space’s commitment to strengthening its financial leadership as it advances its dual‑use space and defense portfolio, which includes satellite manufacturing, technology integration, AI products and services, space and defense hardware components, and space‑based data solutions.