Sidus Space executes multiple launch agreement with SpaceX

Sidus Space, Inc. (NASDAQ:SIDU), a Space-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, has announced that it has signed a launch agreement with SpaceX for five launches, beginning in early 2023.

Sidus Space has designed and is manufacturing LizzieSat, for its multi-mission LEO satellite constellation operating in diverse orbits (28 -98 inclination, 300-650km altitude) as approved by the International Telecommunication Union in February 2021.

LizzieSat is in advanced stages of development and offers many differentiating attributes. Specifically, LizzieSat satellites fly custom payloads tailored to maximize customer return on investment; Sidus manufactured 3D printed satellites maximize customer volume within a lightweight bus; redundant attitude controls systems provide precision pointing for payloads; and propulsion maintains satellite orbit and provides collision avoidance capability.

The launches will support previously announced contracts with NASA and Mission Helios as well as prospective customers that Sidus continues to layer into its pipeline in all areas including payload hosting and capturing space-based data.

Commenting on the agreement, Carol Craig, Sidus Space Founder and CEO said, "We are excited to partner with SpaceX for safe, reliable launch services for multiple LizzieSat satellite deployments into diverse orbits that meet our customer's needs.

"We look forward to continuing our journey of 'Bringing Space Down to Earth' for a variety of customers, industries, and new use cases. Our agreements with SpaceX and other launch partners will allow us to develop a consistent launch cadence for Sidus Space moving forward. Participation in these SpaceX launches will enable Sidus to meet the robust demand for our services."

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