Sidus Space Announces LizzieSat™-2 Ready for Launch
26 November 2024 - 2:30PM
Business Wire
Next-generation satellite equipped with advanced sensor suite
and AI-driven data capabilities to deliver critical insights from
orbit and expand Sidus Space’s on-orbit presence.
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an
innovative, agile space mission enabler, announced the successful
completion of the launch processing of LizzieSat™-2 at the
Astrotech Space Operations facility at Vandenberg Space Force Base
in California. LizzieSat™-2 has been turned over to SpaceX and is
ready for launch on the Bandwagon-2 rideshare mission, which is
targeted for no earlier than December of 2024.
LizzieSat™-2 was designed and manufactured at Sidus Space’s
state-of-the-art facility on Florida’s Space Coast. The satellite
is equipped with an advanced sensor suite that includes AIS,
multi-spectral methane detection, and high-resolution visual
spectrum sensors, as well as the HEO Holmes Imager, provided by HEO
(USA), a subsidiary of Australian-based HEO. The Holmes Imager is a
cutting-edge technology that powers HEO Inspect, an in-orbit
satellite inspection platform designed for non-Earth imaging (NEI)
and the precise characterization of space objects. LizzieSat™-2
will provide data through a monthly subscription contract for HEO,
further demonstrating Sidus Space’s role as a leading provider of
multi-mission space-based data solutions.
Leveraging Sidus’ proprietary FeatherEdge™ AI processor,
LizzieSat™-2 will enable on-orbit data processing for actionable
insights, supporting applications such as Space Situational
Awareness (SSA), non-Earth Imaging, maritime monitoring,
environmental assessments and disaster response.
“LizzieSat™-2 represents the next evolution of our modular
satellite platform, showcasing its adaptability to host both
Sidus-developed sensors and customer payloads, such as the HEO
Holmes Imager,” said Carol Craig, CEO of Sidus Space. “This
milestone highlights our commitment to delivering innovative,
flexible and cost-effective solutions that address the diverse and
evolving needs of our customers. We are excited to expand our
on-orbit presence and delivery of critical, near real-time data
services.”
The launch of LizzieSat™-2 marks a significant step in Sidus
Space’s mission to expand its on-orbit presence, enabling the
company to better serve its customers with scalable, real-time
space-based data solutions. By integrating advanced sensor
technology, leveraging on-orbit processing and offering
data-as-a-service capabilities, LizzieSat™-2 is designed to provide
actionable insights that support applications across government,
defense, intelligence and commercial sectors worldwide.
About Sidus Space
Sidus Space (NASDAQ: SIDU) is a space mission enabler providing
flexible, cost-effective solutions including custom satellite
design, payload hosting, mission management, space manufacturing,
and AI-enhanced space-based sensor data-as-a-service. With its
mission of Space Access Reimagined™, Sidus Space is committed to
rapid innovation, adaptable and cost-effective solutions, and the
optimization of space system and data collection performance. With
demonstrated space heritage, including manufacturing and operating
its own satellite and sensor system, LizzieSat™, Sidus Space serves
government, defense, intelligence, and commercial companies around
the globe. Strategically headquartered on Florida’s Space Coast,
Sidus Space operates a 35,000-square-foot space manufacturing,
assembly, integration, and testing facility and provides easy
access to nearby launch facilities. For more information, visit:
www.sidusspace.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, 2023, 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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