Sidus Space Engages GTM Advanced Structures to Integrate Space-Proven Solar Panels into LizzieSatTM
17 Novembre 2022 - 3:00PM
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 their partnership GTM Advanced Structures
(“GTM”) to integrate their space-proven solar panels into
LizzieSat™.
Sidus Space is in advanced stages of developing LizzieSat, a
proprietary partially 3-D printed satellite, expected to launch in
2023. The satellite design utilizes a combination of eight (8)
deployed and additional body mounted solar panels to generate up to
400 watts of usable power for satellite operations and up to 50
watts continuous for payloads.
Since 2013, GTM has manufactured solar panels for the SmallSat
market from 1U up to 12U solar panels. In the past two years, GTM
has integrated more than 1400 triple junction cells onto solar
panels. This, combined with GTM’s development of a Plug and Play
substrate using industry proven methods and products, creates a
rapidly producible, highly reliable, cost-effective product. GTM’s
experience, combined with the selection of Azur Space, ensure both
the efficiency and longevity of power collection which is vital to
accommodating both vehicle basic operations and supporting payloads
throughout the orbital lifetimes. Azur Space assemblies provide
space solutions with a higher integration level. Based on their
high-efficiency solar cells of the 28% or 30%-Advanced class, the
assemblies are additionally equipped with cover glasses and
interconnectors.
“We’re excited to partner with GTM, an AS9100 certified company,
to integrate its space-proven solar panels into LizzieSat™,
providing our satellite with solar power and furthering our
sustainability efforts. GTM is utilizing its space-proven solar
panel manufacturing heritage, employing industry leading Azur Space
solar cell assemblies (SCA) to provide Sidus Space with high
reliability performance over the orbital lifetime of LizzieSat™.
The solar panels are both fixed body mounted and deployable arrays
providing a maximum level of exposure for power generation,” said
Carol Craig, Sidus Space Founder and CEO.
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 GTM Advanced Structures
GTM Advanced Structures is an independent technology-based
company, located in The Netherlands, providing complete support to
aerospace companies in the development and realization of advanced
structures. Mostly active in the Aerospace market GTM Advanced
Structures supports OEM, (large) component & material
manufacturers in product development and by supplying new products
including the development and manufacture of solar panels for small
satellites.
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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