Sidus Space Secures NOAA Approval to Provide Imaging Services to Government and Commercial Customers
January 03 2024 - 7:30AM
Business Wire
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a
multi-faceted Space and Data-as-a-Service company, today announced
that the National Oceanic and Atmospheric Administration (NOAA) has
granted Sidus a Tier 1 remote sensing license to include
Panchromatic (PAN) and Shortwave Infrared (SWIR) imaging
capabilities. This approval includes Sidus' upcoming LizzieSat™
scheduled for launch in March 2024, as well as subsequent LizzieSat
satellites.
Through this new license authority, Sidus LizzieSat™ satellites
will collect and distribute images and data to government and
commercial customers supporting a wide range of applications. The
Sidus’ PAN and SWIR imagers will flow high-quality, diverse
satellite data into our FeatherBox Artificial Intelligence onboard
processor which integrates the images with time synced Automated
Information Systems (AIS) and GPS data to provide near real-time
customer status regarding marine traffic trends, illegal fishing
activities, methane emission locations and quantities, and
vegetative stress implications on crop production around the
globe.
"NOAA's Tier 1 remote sensing license approval is a significant
milestone for Sidus Space. With PAN and SWIR imaging capabilities,
we're focused on our commitment to practical innovation in space
technology while addressing real-world challenges," said Carol
Craig, CEO and Founder of Sidus Space.
LizzieSat is expected to launch in March 2024 on SpaceX’s
Transporter-10 mission from Vandenberg Space Force Base, California
and remain in space for data collection for four years of
operation.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240103148144/en/
Investor Relations Valter Pinto KCSA Strategic
Communications sidus@kcsa.com (212) 896-1254
Media Pam Davis Sidus Space mediateam@sidusspace.com
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