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While initially planning to launch its first LizzieSat on Transporter-9 in Q4 2023, the Company has adjusted its launch manifest to take advantage of the opportunity to cover more populated areas and increase data revenue. The updated schedule targets a first launch in Q1 2024 followed by two LizzieSats on a Bandwagon mission in Q2 2024.
"The Bandwagon mission is exciting because it gives us the ability to place multiple LizzieSats in dissimilar orbits, enabling us to capture higher revenue generating data while increasing our payload and data customers," commented Carol Craig, Sidus' Founder and CEO. "This, when combined with the inclusion of additional sensors and enhanced AI capabilities on our initial flight, adds value as we get closer to initiating these launches and developing new, high-margin business lines."
The Company continues to be manifested for the launch of a single LizzieSat with SpaceX on Transporter-10 in Q1 2024 and two additional LizzieSats on Transporter-11 in Q2 2024, which will result in an expected five LizzieSats on orbit in the Company's constellation by the end of the third quarter of 2024. The LizzieSats deployed on Bandwagon will operate in synergy with those on Transporter missions as the complementary orbits increase both the value and the amount of data that can be collected for sale by the Company.
John Curry, Chief Mission Operations Officer, stated, "The convergence of our orbit inclination, advanced payloads, and EdgeAI capabilities enables us to provide an unparalleled data service to our customers. Our capability to address a critical void through wide area spectral data imaging greatly enhances LizzieSat's overall potential."
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