Sidus Space, an innovative and agile space mission enabler, today announced the appointment of Adarsh Parekh as its new Chief Financial Officer, effective January 27, 2025.

Exceptional Financial Leadership

Mr. Parekh brings over two decades of financial expertise marked by:

• $3 billion in M&A, capital markets and direct investing experience
• A proven record of scaling organizations in industries including aerospace, medical technology, and agriculture
• A history of implementing strategies to drive profitability and sustainable growth.

Most recently, Mr. Parekh served as Chief Financial Officer of Terran Orbital Corporation and directed all finance and accounting functions. Mr. Parekh’s 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.

Strategic Vision for Sidus Space

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

“Adarsh Parekh is a natural fit for Sidus Space at this exciting juncture,” said Carol Craig, CEO of Sidus Space. “His extensive financial expertise and sharp focus on profitability will be critical as we continue to execute on our strategic goals. We are confident that his leadership will drive our financial objectives and deliver long-term value for our stakeholders during this pivotal period of growth and expansion.”

Sidus Space 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.

Source: BUSINESS WIRE