Sidus Space Expands Board with Appointment of Leonardo Riera, a 35-Year Finance Industry Veteran
April 06 2023 - 8:30AM
Business Wire
Sidus Space, Inc. (NASDAQ:SIDU), a Space and
Defense-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, announced the appointment of Leonardo Riera
to its Board of Directors.
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Leonardo Riera, Sidus Space Director
(Photo: Business Wire)
Riera brings more than 35 years of experience in investment
banking and fund management to Sidus Space. During his accomplished
career, Riera served as a Consultant for McKinsey & Co, as Head
of a Mergers & Acquisitions unit for Citicorp Investment Bank,
was the Country Head for Bankers Trust in Venezuela for over 10
years, and subsequently worked in fund management with Intl
Consilium and as an entrepreneur.
Riera, who has served on the boards of many private and public
companies, currently serves on the Boards of Directors of Vaya
Space, Inc. and of FenixOro Gold, where he also chairs the Audit
Committee. Riera was elected President of the Banking Association
of Venezuela three times and was elected to the Venezuelan Congress
and served in the Finance Commission of the House. As a financial
expert, Riera has worked with multiple federal agencies and was
granted knighthood as a Knight of Malta at a ceremony held at the
Vatican. Riera has an MBA from the Wharton School of Business at
the University of Pennsylvania and finished the Strategic
Valuations Course for Senior Executives at Harvard Business
School.
"We are thrilled to welcome Leo to our Board of Directors," said
Carol Craig, Sidus Space Founder and CEO. "He brings a wealth of
experience in financial services, mergers & acquisitions, and
corporate governance that will be invaluable as we continue to grow
and expand our business."
"I am honored to join the Sidus Space team," said Riera. "The
company has an extraordinary reputation for innovation and
excellence, and I look forward to supporting their growth
journey."
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 hardware 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, 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 Dave Gentry RedChip Companies Inc.
SIDU@redchip.com 1-800-RED-CHIP (733-2447) Or 407-491-4498
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 1-610-731-1045
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