Sidus Space and Lulav Space Partner to Launch Event-Based Star Tracker on June SpaceX Mission
06 Juillet 2023 - 2:30PM
Business Wire
June 2024 mission expected to be the fourth
LizzieSat™ mission scheduled for launch with SpaceX
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a
multi-faceted Space and Defense-as-a-Service satellite company,
today announced it has partnered with Lulav Space, a robotics
company specializing in space applications (“Lulav”), to research,
develop and demonstrate the benefits of Event-based Star Trackers
(EBST). Sidus plans to include the Lulav/Sidus EBST on its fourth
planned LizzieSat mission, currently scheduled to launch with
SpaceX in June of next year. This contract is part of the
previously announced Space Florida award under the Florida-Israel
Innovation Partnership.
“An EBST can provide more accurate information on the
orientation of satellites with high angular spin rate, such as our
innovative, AI driven, 3D-printed LizzieSat. This technology will
be particularly valuable in our emerging LizzieSat constellation as
we build out our high-margin, recurring revenue, data-as-a-service
business model,” said Carol Craig, Founder and CEO of Sidus Space.
“We believe our collaboration with Lulav Space will fill an
important knowledge gap in developing this technology, and we look
forward to working with Lulav on this valuable project.”
In addition to their lower size, weight and power (low SWaP),
event-based cameras have been widely recognized to have exceptional
performance at high angular rates compared to traditional camera
sensors. Star Trackers capture and analyze star images to
accurately determine satellite orientation in space; however,
utilizing traditional camera sensors, they can only operate at low
angular rates, limiting satellite performance and robustness. This
project will combine Lulav’s expertise in vision-based space
applications with Sidus’ satellite development, deployment, and
operations expertise, to develop and test in-orbit the first
commercial EBST, a star tracker utilizing an event-based
camera.
About Sidus Space
Sidus Space (NASDAQ: SIDU) is a Space and Defense-as-a-Service
satellite company focused on mission-critical hardware
manufacturing; multi-disciplinary engineering services; satellite
design, production, launch planning, mission operations; and
in-orbit support. The Company is located in Cape Canaveral,
Florida, where it 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.
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 Space is
ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered.
About Lulav Space
Lulav Space provides a complete guidance, navigation &
control (GN&C) software suite for a variety of space missions
such as lunar landing, satellite on-orbit servicing and active
debris removal, with a fraction of the power, mass and cost than
existing RADAR or LIDAR based systems. Lulav sensors are
customizable with mission-specific algorithms and easily integrate
with a wide range of spacecraft. The GN&C suite can support
missions from LEO to lunar orbit and lunar soft touchdown. Lulav
Space is a startup company that was founded by experts in GN&C,
computer vision, and simulation. The company’s engineers took part
in the Beresheet 1 mission, the first private Lunar lander mission,
launched in 2019.
Lulav is the subcontractor for GN&C software suite of the
Beresheet-2 lunar landers.
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, 2022, 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 Valter Pinto or Jack Perkins KCSA
Strategic Communications sidus@kcsa.com (212) 896-1254
Sidus Space (NASDAQ:SIDU)
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