Sidus Space Selects Exolaunch for LizzieSatTM Deployment During LizzieSat Rideshare Missions with SpaceX
09 Décembre 2022 - 1:30PM
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, recently signed an agreement with Exolaunch to use
their CarboNIX separation system to deploy LizzieSatTM satellites
during the LizzieSat rideshare missions with SpaceX in 2023 and
2024. This agreement includes comprehensive technical support that
ensures safe, reliable LizzieSat microsatellite deployment.
Earlier this year, Sidus signed a multi-launch agreement with
SpaceX for five LizzieSat rideshare missions beginning in 2023. As
a follow-on to the SpaceX agreement, Sidus chose Exolaunch’s
CarboNIX deployment system for LizzieSat separation from the launch
vehicle for those five missions. CarboNIX will deploy each
LizzieSat seamlessly and evenly via its patented synchronous spring
pusher system. CarboNIX also ensures an average tumbling rate of
under 1° per second post-release on all three axes, making it the
lowest-shock and lowest-tumbling separation system yet deployed in
space. CarboNIX has so far flown on 10 missions and deployed 40
satellites with a 100% success rate.
John Curry, Sidus Chief Mission Operations Officer, says
“Sidus’s highest priority is getting LizzieSat and our customers
into space safely and reliably. This Exolaunch multi-mission
agreement to deploy LizzieSats from the launch vehicle provides
Sidus customers high confidence their hosted payloads will arrive
safely in orbit”.
“The Space-as-a-Service offering via the LizzieSat platform is
extremely valuable for organizations seeking to deploy their
technologies and products in orbit. Exolaunch is proud to have
signed a multi-mission hardware agreement with Sidus Space to
provide integration services and a smooth separation of LizzieSat
via the CarboNIX separation rings,” says Kier Fortier, Managing
Director, Exolaunch USA.
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. According to
Euroconsult, the SmallSat (spacecraft with a mass of less than 500
kg) manufacturing market is expected to grow 258% to $55.6 billion
in the next decade. The total space economy is forecasted to
surpass $1 trillion by 2040, up from $370 billion in 2020.
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 Exolaunch
Exolaunch (Germany, USA) is a global leader in rideshare launch,
integration, deployment, in-space logistics services and products
for the NewSpace industry. With a decade of flight heritage and 232
satellites launched over 17 missions via various global launch
vehicles, Exolaunch leverages keen industry insight to develop
tailored one-stop solutions to meet customer needs and address
market trends. Exolaunch fulfils launch contracts for NewSpace
leaders, the world's most innovative startups, research
institutions, government organizations and various space agencies.
The company also manufactures its own flight-proven and
industry-leading small satellite deployers and develops a line of
environmentally friendly orbital transfer vehicles (OTVs), known as
Reliant, for last-mile satellite delivery, in-space logistics and
space debris removal. Exolaunch is committed to make orbit
accessible to all and to promote the safe, sustainable and
responsible use of space.
For more information, please visit: www.exolaunch.com or get in
touch at info@exolaunch.com
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 Dave Gentry RedChip Companies Inc.
SIDU@redchip.com 1-800-RED-CHIP (733-2447) Or 407-491-4498
Heather Crowell Executive Vice President Gregory FCA
heather@gregoryfca.com
Media Contact Katie Kennedy Senior Vice President Gregory
FCA katiek@gregoryfca.com 1-610-731-1045
www.sidusspace.com
Sidus Space (NASDAQ:SIDU)
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