Sidus Space Announces Contract with HEO for Non-Earth Imaging Payload and Data Services
12 Septembre 2023 - 2:30PM
Business Wire
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a
multi-faceted Space and Data-as-a-Service company today announced
an agreement with HEO (USA), a subsidiary of HEO, an Australian
space technology company specializing in non-Earth imaging (NEI)
and in-orbit satellite inspection services.
Under this contract, Sidus Space will incorporate HEO's Holmes
Imager as a hosted payload on the second set of LizzieSatTM
missions, scheduled for launch in Q2 2024, in conjunction with a
monthly Data services contract. The Holmes Imager previously
achieved success as a hosted payload on Turion's Droid-1 in June
2023. This technology empowers HEO Inspect, an in-orbit satellite
inspection software platform that facilitates NEI and provides
invaluable intelligence on space objects. HEO Inspect rigorously
processes and analyzes data captured by the Holmes Imager, enabling
customers to explore and interpret space objects with remarkable
clarity, precision, and speed.
Since its unveiling in August 2022, HEO Inspect has been used by
governments, defense agencies, and the commercial sector, serving
as a vital tool to achieve high-revisit and timely collection for
the rapid identification and characterization of space objects.
“This contract is another significant step towards expanding our
space-based data services and delivering innovative solutions
across various industries,” stated Carol Craig, Founder and CEO of
Sidus Space. “We eagerly anticipate the execution of this mission
as we continue to build our high margin data-as-a-service
business."
“HEO is thrilled to work with Sidus Space to host our Holmes
Imager and expand our imaging network of space-based sensors,” said
Will Crowe, Co-Founder and CEO of HEO. “This partnership highlights
our dedication to fostering innovative solutions for pressing
space-related challenges while upholding our commitment to
sustainability.”
About Sidus Space
Sidus Space (NASDAQ: SIDU) is a Space and Data-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 HEO
HEO is a space technology company specializing in enabling
non-Earth imaging and delivering analytics on spacecraft of
interest. With our innovative software platform, HEO Inspect, we
are dedicated to advancing our understanding of space objects
through high resolution imaging, fast data acquisition, and
extended coverage of objects. HEO's mission is to make space
activities transparent and empower global space players with
invaluable insights into space activities. We are a software-first
company who prioritizes partnerships to support space
sustainability. We currently serve government, defense and
commercial customers in Australia, USA, and UK.
https://www.heospace.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, 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 Media
Pam Davis Sidus Space mediateam@sidusspace.com
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