Sidus Space Successfully Launches LizzieSat™-2, Expanding On-Orbit Constellation and Data Solutions
December 23 2024 - 7:30AM
Business Wire
Launch from Vandenberg Space Force Base
represents a critical milestone in delivering near real-time data
to customers worldwide
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an
innovative, agile space mission enabler, today announced the
successful launch and deployment of LizzieSat™-2 into low Earth
orbit as part of the Bandwagon-2 rideshare mission with SpaceX,
which launched on December 21, 2024 from Vandenberg Space Force
Base in California.
The successful deployment of LizzieSat™-2, less than nine months
after the launch of LizzieSat™-1, underscores Sidus Space’s ability
to rapidly expand its on-orbit presence while demonstrating the
viability and adaptability of its modular satellite design.
Scalable to larger satellites and more complex missions, including
lunar operations, LizzieSat™-2 highlights the flexibility of Sidus’
platform to meet evolving customer needs. By integrating advanced
sensors and on-orbit processing capabilities, LizzieSat™-2
exemplifies the efficiency and innovation that define Sidus Space’s
approach to delivering scalable, real-time data solutions for
applications such as Space Situational Awareness (SSA), maritime
monitoring and disaster response.
“This successful launch of LizzieSat™-2 reflects our team’s
dedication to Space Access Reimagined™, advancing space technology
and delivering innovative, cost-effective solutions to our
customers,” said Carol Craig, CEO of Sidus Space. “With
LizzieSat™-2 now on-orbit and LizzieSat™-3 slated for launch in Q1
2025, we are significantly enhancing our on-orbit capabilities and
reaffirming our commitment to providing scalable, real-time
space-based data services.”
Sidus Space remains focused on delivering cutting-edge satellite
solutions and growing its on-orbit presence to serve evolving
market demands. The Company looks forward to continuing its growth
trajectory with the upcoming launch of LizzieSat™-3 and future
missions.
About Sidus Space
Sidus Space (NASDAQ: SIDU) is a space mission enabler providing
flexible, cost-effective solutions including custom satellite
design, payload hosting, mission management, space manufacturing,
and AI-enhanced space-based sensor data-as-a-service. With its
mission of Space Access Reimagined™, Sidus Space is committed to
rapid innovation, adaptable and cost-effective solutions, and the
optimization of space system and data collection performance. With
demonstrated space heritage, including manufacturing and operating
its own satellite and sensor system, LizzieSat™, Sidus Space serves
government, defense, intelligence, and commercial companies around
the globe. Strategically headquartered on Florida’s Space Coast,
Sidus Space operates a 35,000-square-foot space manufacturing,
assembly, integration, and testing facility and provides easy
access to nearby launch facilities. For more information, visit:
sidusspace.com.
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, 2023, 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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