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Closing Bell

Manifest Space: Sidus Space CEO & Founder Carol Craig on Golden Dome, Disruption in Space and a Company Stepping Into the Spotlight 1/14/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 14 January 2026

⏱️ 20 minutes

🧾️ Download transcript

Summary

Morgan Brennan sits down with Sidus Space founder and CEO Carol Craig to discuss the company’s rapid rise--a more than 400% stock surge since the fall--and its role as a contract awardee under the Missile Defense Agency’s SHIELD program — part of the broader Golden Dome strategy for U.S. homeland missile defense. After years of flying under the radar, investors are taking notice of the Sidus Space story.

Transcript

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0:00.0

Citus Space was born from a company called Craig Technologies Aerospace Solutions.

0:07.0

In 2021, it rebranded and was taken public in a traditional IPO, notable since most space companies at the time were merging with specs.

0:16.0

Citus is a space and defense tech company, offering everything from satellite and component manufacturing

0:21.2

to space-based data platforms to AI services. But founder and CEO Carol Craig says CITES flew largely

0:28.3

below the radar. One of the negatives of going IPO and with the investment bankers that we

0:35.5

used was that we didn't necessarily have this big following of analysts.

0:38.3

And that's that we saw that over the last four years where maybe we were the best kept secret that didn't want to be kept.

0:44.3

And so recently, I think because of what's happening with the defense, with the budgets, with the administration,

0:52.3

I think all of a sudden we're on everyone's

0:54.7

radar and they're recognizing that there's value in this small company. We did things different

0:59.7

in that we've been initially self-funded and then with the shareholders, we built our products

1:04.8

ourselves, not on the backs of some government contracts or things like that. It was really

1:08.9

investment. So we own the IP.

1:18.3

These are our products. This is our satellite constellation. The shareholders own these products.

1:24.0

Investors have certainly taken notice. As recently as early December, Citus was a penny stock.

1:29.1

Since then, it has surged more than 400 percent, with the market valuation now in the hundreds of millions of dollars. So still very small, but a market change for the defense

1:34.1

contractor. Why? Well, Citus was one of the contract awardees for the missile defense agency's

1:39.4

shield program. It's part of the broader Golden Dome strategy for Homeland Missile Defense.

1:44.7

The shield indefinite delivery and definite quantity contract sealing $151 billion.

1:51.4

On this episode, Carol Craig on Golden Dome, tech and policy disruption in space and defense,

1:57.3

and what comes next for a site of space? I'm Morgan Brennan, and this is Manifest Space.

2:07.0

So we are a smartly, vertically integrated technology and defense company, and we provide,

...

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