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Sidus Space ($SIDU) Signs Agreement with SpaceX for Five Launches Beginning in Early 2023

Sidus Space (NASDAQ: SIDU) has announced the signing of an agreement with SpaceX for five launches beginning in early 2023.

Commenting on the agreement, Carol Craig, Sidus Space Founder and CEO said, “We are excited to partner with SpaceX for safe, reliable launch services for multiple LizzieSatTM satellite deployments into diverse orbits that meet our customer’s needs. Our agreements with SpaceX and other launch partners will allow us to develop a consistent launch cadence for Sidus Space moving forward. Participation in these SpaceX launches will enable Sidus to meet the robust demand for our services.”

The company says that it has designed and is manufacturing the LizzieSatTM, for its multi-mission LEO satellite constellation operating in diverse orbits. LizzieSatTM is in advanced stages of development and offers many differentiating attributes.

The launches will support previously announced contracts with NASA and Mission Helios as well as prospective customers that Sidus continues to layer into its pipeline in all areas including payload hosting and capturing space-based data.

Sidus Space, located in Cape Canaveral, Florida, 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. 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.

SpaceX designs, manufactures, and launches the world's most advanced rockets and spacecraft. The company was founded in 2002 by Elon Musk to revolutionize space transportation, with the ultimate goal of making life multiplanetary.

Shares of Sidus Space trade on the NASDAQ under the ticker symbol SIDU. 

 

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