Aidan Daly
Sidus Space has announced the appointment of Adarsh Parekh as its new chief financial officer, effective Jan. 27.
In a press release Tuesday, Carol Craig, founder and CEO of Sidus Space, said, “Adarsh Parekh is a natural fit for Sidus Space at this exciting juncture. His extensive financial expertise and sharp focus on profitability will be critical as we continue to execute on our strategic goals.”
Sidus Space’s new CFO will report directly to Craig. His task is to lead all financial operations of the space company, including optimizing efficiency and advancing its mission to achieve sustainable growth and profitability. “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,” Craig added.
Before this appointment, Parekh served as CFO at Terran Orbital Corporation and Alio. He has over two decades of financial experience and worked in various industries like aerospace, agriculture and medical technology.
