Sidus Space Announces Publication of New U.S. Patent Application for LizzieSat™ Platform
February 06 2024 - 8:30AM
Business Wire
A versatile satellite platform with modular
design for enhanced technology integration
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a
multi-faceted Space and Data-as-a-Service company, today announced
that the U.S. Patent and Trademark Office has published U.S. Patent
Application No. 2023/0406548-A1 (the ‘548 patent application). The
‘548 patent application enhances the robust IP portfolio of Sidus
by seeking additional patent protection on even more functionality
of the LizzieSat™ Modular Satellite Platform System. We believe
this patent application further strengthens our intellectual
property position and marks a significant advancement for on-orbit
technology integration addressing critical industry needs with
unparalleled efficiency.
The newly published ‘548 patent application is pending
examination and seeks protection to cover the many different
capabilities of the LizzieSat platform, which is expected to be
launched on SpaceX Transporter 10. Boasting a modular design,
LizzieSat offers unparalleled flexibility for seamless integration
of both customer technologies and the Company’s proprietary suite
of sensors, enabling coincident data collection for enhanced
mission capabilities.
With a robust patent portfolio comprised of 11 granted patents
and 10 pending applications, Sidus Space continues to assert its
leadership in cutting-edge satellite manufacturing with a focus on
expanding the earth observation/remote sensing constellation.
"The LizzieSat Satellite Platform is a testament to our
commitment to advancing satellite technology and keeping pace with
the evolving space ecosystem. This innovation represents a
significant leap forward by offering the ability to rapidly
integrate multiple new technologies into a single satellite
platform," said Carol Craig, CEO of Sidus Space.
The filing and publication of the ‘548 patent application
reaffirms the Company's commitment to pushing the boundaries of
innovation. It plays a crucial role in steering the course of
satellite data-as-a-service and charting a path for the future.
About Sidus Space
Sidus Space (NASDAQ: SIDU) is a Space and Data-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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version on businesswire.com: https://www.businesswire.com/news/home/20240206880577/en/
Investor Relations Valter Pinto KCSA Strategic
Communications sidus@kcsa.com (212) 896-1254
Media Pam Davis Sidus Space mediateam@sidusspace.com
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