Sidus Space’s Development of LizzieSat Progresses as Phase 1 Safety Review is Conducted with NASA Earlier This Month
14 Juin 2022 - 3:00PM
Business Wire
Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company
focused on mission critical hardware manufacturing;
multi-disciplinary engineering services; satellite design,
production, launch planning, mission operations; and in-orbit
support is proud to announce that it conducted the LizzieSat Phase
1 Safety Review with NASA on June 2, 2022.
The Phase 1 Safety Review is an important milestone in the
overall development process as it is designed to identify the
hazards related to the satellite being packaged as cargo as part of
the ISS Commercial Cargo Resupply Program, as well as the storage,
handling, and deployment of the satellite from the ISS Japanese
Experiment Module (JEM) Airlock utilizing the Sidus Space operated
SSIKLOPS. “The characterization of hazards and the development of
hazard reports and mitigation strategies is a key step in the
process of flying any payload onboard the International Space
Station,” said Jamie Adams, Sidus CTO. “By conducting this review
with the NASA ISS subject matter experts (SMEs), the Sidus Space
engineering team can factor engineering controls into the next
phase of the LizzieSat design,” Adams said. “The effective
mitigation of hazards not only ensures safe operations during
launch of the cargo resupply rockets and while onboard the ISS, but
the mitigation actions also result in a more robust design that
will provide additional benefits to our Space-as-a-Service
customers,” Jamie noted. This was the first of 3 phases in the NASA
Safety Review process. The collection of SME comments, actions, and
detailed hazard analysis data in Phase 1 forms the entrance
criteria for Phase 2 where more detailed analysis and maturing
design are targeted to address the hazards.
About Sidus Space
Sidus Space (NASDAQ: SIDU), located in Cape Canaveral, Florida,
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. The company’s rich heritage includes the design and
manufacture of many flight and ground component parts and systems
for various space-related customers and programs. Sidus Space has a
broad range of Space-as-a-Service offerings including space-rated
hardware manufacturing, design engineering, satellite manufacturing
and platform development, launch and support services, data
analytics services and satellite constellation management.
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 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, 2021, 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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Investor Relations Kevin Holmes Chesapeake Group
kevinholmes@chesapeakegp.com +1-410-825-3930 Company Contact
Karen Soriano karen.soriano@sidusspace.com +1-443-900-2437
www.sidusspace.com Media Contact Katie Kennedy Gregory FCA
katiek@gregoryfca.com +1-610-731-1045
Sidus Space (NASDAQ:SIDU)
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