Sidus Space Engages Dawn Aerospace to Implement Propulsion Technology into LizzieSat™
01 Novembre 2022 - 2:00PM
Business Wire
Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company
focused on mission critical hardware manufacturing combined with
commercial satellite design, manufacture, launch, and data
collection, announced agreement with Dawn Aerospace (“Dawn”) to
implement its green, chemical propulsion technology into
LizzieSat™.
Among the novel characteristics of Sidus Space’s proprietary
LizzieSat™ is that its size allows Sidus to include propulsion and
provide precision pointing and maneuvering otherwise not available
to smaller cubesats. Additionally, propulsion provides a longer
life on orbit which means continued data transfer and revenue
opportunity. Each LizzieSat™ is 100kg with approximately 20kg
dedicated to payloads including remote sensing instruments. The
larger mass also allows design for redundancy and reliability into
the spacecraft.
Dawn is a space transportation company, specializing in
non-toxic chemical satellite propulsion and sustainable space
launch. Dawn has provided in-space propulsion products – used to
propel satellites – to customers globally since 2019.
“We are excited to partner with Dawn Aerospace on this important
feature for our LizzieSat™ constellation. We believe Dawn’s turnkey
propulsion technology will allow us to extend our time in orbit and
deliver on our future value proposition of providing space-based
data to a multitude of industries,” said Carol Craig, Sidus Space
Founder and CEO.
“We look forward to partnering with Sidus Space to enable
propulsion for their missions,” said Jeroen Wink, Dawn Co-founder.
“Sidus is one of many customers we are providing propulsion to as
demand for space products and services continues to grow.”
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 commercial satellite
design, manufacture, launch, and data collection. 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.
About Dawn Aerospace
Based in the Netherlands, New Zealand, and the United States,
Dawn Aerospace’s mission is to enable the next generation of space
users by providing dramatically more scalable and sustainable ways
to access and move around in space. It is now a leading supplier of
turnkey green propulsion systems for NanoSat, MicroSat, ESPA, and
ESPA Grande-class satellites. Dawn is also active in reusable
launch vehicle development, with an active test flight program of
the Mk-II Aurora spaceplane demonstrator, with 30+ flights
completed.
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 Heather Crowell Executive Vice
President Gregory FCA heather@gregoryfca.com 321-450-5633 x407
Media Contact Katie Kennedy Senior Vice President Gregory
FCA katiek@gregoryfca.com 1-610-731-1045 www.sidusspace.com
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