Sidus Space Executes Agreement With Leaf Space for Additional Ground Station Coverage
May 17 2023 - 9:02AM
Business Wire
Boosting Connectivity: Sidus Space and Leaf
Space's Agreement Yields 5000+ Additional Monthly Ground Station
Passes
Sidus Space (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 is pleased to announce the execution of a
significant service agreement with Leaf Space, a leading provider
of ground segment as-a-service (GSaaS) solutions. This agreement
implies a significant achievement for Sidus Space as it progresses
in broadening its ground station network and extending the
availability of its Earth Observation (EO) data to both established
and emerging markets.
Leaf Space’s autonomous scheduler technology allows Sidus Space
to provide even more optimized and scalable solutions to meet the
evolving needs of our growing customer base. Under the terms of the
agreement, Sidus Space will gain increased access to Leaf Space’s
ever-expanding ground station network. Sidus Space will be able to
access 17 additional global ground stations, with 13 locations
across Europe, Asia, Australia and New Zealand, reducing latency
and improving the overall quality of its service. In addition to
Leaf Space, Sidus has coverage and infrastructure agreements with
Kongsberg Satellite (KSAT), and Atlas Space Operations.
"We are thrilled to execute this agreement with Leaf Space, a
trusted name in ground station services," said Carol Craig, Founder
and CEO of Sidus Space. "Leveraging Leaf Space's expanding ground
station network, Sidus is expected to deliver high resolution EO
coverage, and enhance analysis in crucial domains such as climate
change, food security, and energy supply.
With this strategic collaboration, Sidus Spaces’ dedication to
Bringing Space Down to Earth™ further reinforces our position as a
frontrunner in the Space and Defense As-a-Service industry.
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 vertically integrated
Space-as-a-Service solutions including end-to-end satellite
support. 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 Space is
ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered.
https://www.sidusspace.com
About Leaf Space
Leaf Space operates a fully owned, globally distributed network
of ground stations, empowering satellite operators to communicate
with their spacecraft in the most flexible way. Leaf Space enables
TT&C and payload data transmissions via a simple user
interface, a proprietary autonomous scheduling software, and
network global coverage. Founded in 2014 with offices in Italy and
the United States, Leaf Space has supported more than 100
satellites on its network. For more information, please visit:
https://leaf.space/.
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 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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