Sidus Space Announces Over $1.9M New Purchase Orders Received in Third Quarter of 2022 for Space and Defense Hardware and Services
04 10월 2022 - 8:30PM
Business Wire
Multiple Q3 2022 purchase orders awarded
indicates sustained growth of Sidus’ space and defense hardware
manufacturing revenue stream
Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service satellite
company focused on commercial satellite design, manufacture,
launch, and data collection is pleased to announce that, in the
quarter ended September 30, 2022, it has received a combined total
of over $1.9 million in new purchase orders for space and defense
hardware and services supporting multiple customers.
“Space and defense hardware manufacturing is an important
component of our full-stack offering and has proven to be a steady
revenue stream for Sidus as we work to bring additional offerings
to market. As a comprehensive space-as-a-service company, our space
and defense hardware manufacturing capability is a critical
component that supports many of the larger projects and programs
within the space ecosystem,” said Carol Craig, Sidus Space Founder
and CEO. “Sidus Space has over ten years of experience
manufacturing, assembling and testing space hardware with space
flight heritage. In response to our sustained manufacturing growth,
we are exploring options for expanding our capacity including the
possibility of additional shifts.”
About Sidus Space
Sidus Space, 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.
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.
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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version on businesswire.com: https://www.businesswire.com/news/home/20221004005433/en/
Investor Relations Heather Crowell Executive Vice
President Gregory FCA heather@gregoryfca.com 321-450-5633 x407
Media Contact Katie Kennedy Senior Vice President
Gregory FCA katiek@gregoryfca.com 610-731-1045 (cell)
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