Sidus Space Awarded Additional Space Hardware Manufacturing in Support of NASA’s Artemis Program and Space Launch System Manned Vehicle
June 02 2023 - 8:30AM
Business Wire
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a
multi-faceted Space and Defense-as-a-Service satellite company
announces the award of an additional hardware manufacturing
subcontract to support NASA’s Artemis Program and Space Launch
System (“SLS”) Manned Vehicle.
Under the terms of the subcontract between Sidus Space and Craig
Technologies, Sidus will be responsible for the fabrication of the
Umbilical Quick Disconnects on the Universal Stage Adapter for the
SLS. Dynetics (NYSE: LDOS), is the prime contractor building the
Universal Stage Adapter for NASA’s SLS.
The SLS is a super heavy-lift launch vehicle that provides the
foundation for human exploration beyond Earth’s orbit. With its
unprecedented power and capabilities, the SLS is key to NASA’s
Artemis program, which has the goal of returning humans to the
Moon, establishing a sustainable human presence on its surface, and
preparing for human missions to Mars. The SLS will send the Orion
spacecraft, astronauts, and cargo directly to the Moon on a single
mission, while also being designed to be flexible and evolvable for
deep-space destinations.
“The award of this subcontract further validates Sidus’ ability
to deliver mission critical hardware to our key partners and
vendors,” said Carol Craig, Sidus’ Founder and CEO. “As a result of
this award, our Umbilical Quick Disconnects are expected to be a
key piece of hardware on NASA’s Space Launch System Manned Vehicle,
and we are proud to be a part of to the Artemis Program’s goals of
both putting a human back on the moon and advancing NASA’s deep
space exploration.”
The award of this subcontract follows the delivery of Sidus’s
Umbilicals to NASA’s Kennedy Space Center for testing in July of
2022. As a result of this subcontract, Sidus has now been approved
for manufacturing of the Qualification test set Umbilicals and the
related Qualification testing that ensures the Umbilicals will
perform as designed for the Universal Stage Adapter on the Artemis
rocket.
About Sidus Space
Sidus Space (NASDAQ: SIDU) is 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. The Company is located in Cape Canaveral,
Florida, where it 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.
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 Space 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 Valter Pinto, Managing Director KCSA
Strategic Communications sidus@kcsa.com (212) 896-1254
Media Katie Kennedy Senior Vice President Gregory FCA
katiek@gregoryfca.com 1-610-731-1045
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