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Sidus Space on Schedule to Launch Next Two LizzieSat Satellites

By: Sidus Space via Business Wire

February 13, 2024 at 08:30 AM EST

Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, today announced LS-2 and LS-3 LizzieSat production is underway and on schedule for launch later this year. With LS-1 ready for launch and delivered to the Space-X launch site in Vandenburg, CA earlier this month, the Sidus team in Cape Canaveral is focused on upcoming milestones for LS-2 and LS-3.

LizzieSat’s flexible hybrid 3D printed design allows Sidus to enhance capabilities brought to market during the successful LS-1 build and test campaign. Design modifications from LS-1 include additional space situational awareness customer payloads and upgraded Sidus earth observation sensors that target specific needs of its own Space Data-as-a-Service customers.

Each hybrid 3D printed 220lb (100kg) small satellite is roughly the size of a dishwasher. The medium-sized low-cost satellite allows for longer on-orbit life and increased functionality compared to other commercial earth observation satellites.

“We designed the LizzieSat platform to be rapidly scalable and technology agnostic, to allow for rapid integration of new sensors as the space ecosystem evolves and industries and businesses embrace space strategy to enhance their offerings," said Carol Craig, CEO of Sidus Space.

The company designs, fabricates, and assembles its satellites at its 35,000 sq ft manufacturing facility in Cape Canaveral, Florida.

About Sidus Space

Sidus Space (NASDAQ: SIDU) is a Space and Data-as-a-Service satellite company focused on mission-critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support. The Company is located in Cape Canaveral, Florida, where it operates from a 35,000-square-foot manufacturing, assembly, integration, and testing facility focused on vertically integrated Space-as-a-Service solutions including end-to-end satellite support.

Sidus Space has a mission of Bringing Space Down to Earth™ and a vision of enabling space flight heritage status for new technologies while delivering data and predictive analytics to domestic and global customers. Any corporation, industry, or vertical can start their journey off-planet with Sidus Space’s rapidly scalable, low-cost satellite services, space-based solutions, and testing alternatives. More than just a “Satellite-as-a-Service” provider, Sidus Space is a trusted Mission Partner–from concept to Low Earth Orbit and beyond. Sidus Space is ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered.

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute ‘forward-looking statements’ within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words ‘anticipate,’ ‘believe,’ ‘continue,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘plan,’ ‘potential,’ ‘predict,’ ‘project,’ ‘should,’ ‘target,’ ‘will,’ ‘would’ and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors described more fully in the section entitled ‘Risk Factors’ in Sidus Space’s Annual Report on Form 10-K for the year ended December 31, 2022, and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Sidus Space, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.