Sidus Space Appoints Bill White as Chief Financial Officer
February 08 2024 - 8:30AM
Business Wire
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a
multi-faceted Space and Data-as-a-Service company, today announced
the appointment of Bill White as Chief Financial Officer, effective
February 20, 2024.
Mr. White will oversee the Company’s accounting, financial
planning, capital raise, treasury, legal and regulatory functions.
Mr. White has more than 30 years of experience in financial
management, operations, and business development. He most recently
served as Chief Financial Officer of ProPhase Labs, Inc. (Nasdaq:
PRPH) and prior to ProPhase he was CFO, treasurer, and secretary of
Intellicheck, Inc., a technology company listed on the NasdaqGM.
Mr. White has broad domestic and international experience including
managing rapid and significant growth, import/export, implementing
tough cost management initiatives, exploiting new growth
opportunities, mergers and acquisitions, strategic planning,
resource allocation, tax compliance and organization
development.
“Bill’s deep experience as a public company executive alongside
his remarkable proficiency in capital markets and M&A, aligns
perfectly with the current stage of Sidus' growth,” said Carol
Craig, Chief Executive Officer of Sidus.
“I am honored to serve Sidus at this critical time in its growth
and evolution and am excited to work with Carol and the management
team to capitalize upon the growth opportunities ahead and deliver
long-term value for shareholders," said Bill White, incoming Chief
Financial Officer.
Teresa Burchfield has confirmed her intention to step down as
Chief Financial Officer after two years with the Company.
Burchfield will remain with the Company, serving in an advisory
role, to assist White with the transition.
Craig added, “I have enjoyed working with Teresa and, during her
tenure as chief financial officer at the Company, she has made
innumerable and invaluable contributions to its success and growth.
On behalf of the Board and the entire Sidus team, I’d like to thank
Teresa for her valuable contributions and for laying the groundwork
for our continued growth in the public and space sectors.”
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/20240208062368/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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