Sidus Space Executes Launch Agreement with Vaya Space
20 10월 2022 - 10:00PM
Business Wire
Additional launch capacity secured for
LizzieSatTM satellites
Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company,
focused on mission critical hardware manufacturing combined with
commercial satellite design, manufacture, launch, and data
collection, today announced that it has signed a launch agreement
with Vaya Space for four launches over multiple years. Vaya Space
is an emerging leader in sustainable space access and this
agreement expands Sidus Space’s ability to deliver satellite
services.
Sidus Space recently announced a launch agreement with SpaceX
for a total of 5 expected launches in the next 13-15 months. In
addition, as an ISS implementation partner, Sidus also has the
ability to launch from the ISS which creates multiple paths to
orbit for LizzieSatTM with the signing of this launch agreement
with Vaya Space.
LizzieSatTM is Sidus’ 100kg, partially 3D printed, small
satellite for its planned multi-mission LEO satellite
constellation. Sidus Space has an approved International
Telecommunication Union (ITU) Spectrum license for multiple
altitudes and inclinations. LizzieSatTM satellites will fly custom
payloads tailored to maximize customer return on investment.
“As we progress toward launching LizzieSatTM, we are pleased to
expand our launch options that will enable us to meet the robust
demand for our satellite services, one of the many
Space-as-a-Service solutions we deliver to the growing space
ecosystem,” said Carol Craig, Sidus Founder and CEO. “As part of
our mission of ‘Bringing Space Down to Earth™’, securing multiple
paths to orbit ensures the flexibility to meet our customer’s
mission schedules.”
"We are excited to work with Sidus Space to provide sustainable
space access and reliable delivery of their innovative satellite
constellation,” said Brent Willis, Chief Executive Officer of Vaya
Space.
About Sidus Space
Sidus Space (NASDAQ: SIDU), 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.
About Vaya Space, Inc.
Vaya Space is a privately-owned, vortex-hybrid rocket company
based on the Space Coast of Florida with subsidiary operations in
Brazil. Vaya Space has developed breakthrough and patented
technologies that transform access to space. Vaya was created in
2017 by Sid Gutierrez, former Space Shuttle Commander and NASA’s
first US-born Hispanic astronaut. Launch Control’s final words to
Sid at liftoff were “Vaya con Dios” vs. their traditional
“Godspeed,” and following this inspiration Vaya was born.
Vaya is a purpose driven, sustainability focused, and
environmentally conscious enterprise dedicated to making a
difference for humankind. Vaya Space competes in estimated $1
trillion small satellite low earth orbit launch sector. Vaya’s
unique vortex-hybrid rocket engines overcome the costs and other
issues associated with traditional liquid bi-propellant rockets to
transform the safety and affordability of the industry, and its
engines utilize more than 2 million bottles’ worth of recycled
thermoplastics per launch.
Additional information can be found at vayaspace.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, 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/20221020005389/en/
Investor Relations Heather Crowell Executive Vice
President Gregory FCA heather@gregoryfca.com 321-450-5633 x407
Media Contact Katie Kennedy Gregory FCA
katiek@gregoryfca.com 1-610-731-1045 www.sidusspace.com
Sidus Space (NASDAQ:SIDU)
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