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  • Satellite Evolution Group

Sidus Space appoints Richard J. Berman to its Board of Directors

Sidus Space announced that its Board of Directors has appointed Richard J. Berman as a non-independent Director, effective January 18, 2024.

Carol Craig, CEO, Sidus Space, stated, “We are delighted to have someone of Richard’s caliber join the Sidus Board. I have great respect for his exceptional financial and investment acumen and extensive experience in advising on significant and complex matters. His unique perspective will be invaluable to Sidus Space and our stakeholders as we execute on our strategy.”

Leo Riera, Chairman of the Board of Sidus Space, noted, “Richard brings broad financial services expertise and extensive capital markets knowledge. I look forward to welcoming him to the Board and value his insights as Sidus continues its journey along the path to profitability.”

Richard Berman added, “I am joining Sidus Space at a key time as the company prepares for the initial launch of its LizzieSat™. I look forward to facilitating the growth of shareholder value. Sidus has built an outstanding team, and I couldn’t be more excited to join the Board of Directors.”

Mr. Berman’s business career spans over 35 years of venture capital, senior management, and merger & acquisitions experience. He has served as a director and/or officer of over a dozen public and private companies in the last five years. Currently, he is the director of six public companies. Over the last decade he has served on the board of six companies that have reached over one billion dollars in market value. Previously, Mr. Berman worked at Goldman Sachs and was Senior Vice President of Bankers Trust Company where he started the M&A Leveraged Buyout Departments.

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