Exo-Space Hardware Delivered to Sidus Space for Integration and Testing in Preparation for Launch Aboard LizzieSat™
April 28 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 today that Exo-Space has delivered
its hardware for integration and testing in preparation for launch
aboard LizzieSat™.
As previously announced, Sidus Space will integrate Exo-Space’s
FeatherEdge Data Processing Platform into its hybrid 3D printed
satellite, LizzieSat™. Through collaboration on data processing and
storage technology in space, on-orbit testing of the device in a
space environment will provide proof-of-concept data, increase the
product’s overall Technology Readiness Level, and establish
integration processes for future collaborative missions.
“Sidus Space is excited about reaching this important milestone
of delivery of the flight unit by Exo-Space as we continue our
final integration and test campaign towards our upcoming launch,”
said Jamie Adams, Sidus’ Chief Technology Officer. “The inclusion
of compute-at-the-edge technology for space systems providing
greater speed and precision of data to end users is a key
discriminator in the market,” Jamie noted. “Our ability to provide
payload customers a rapid and affordable method to achieve space
rating in a demonstrated relevant environment combined with earth
observation data is the centerpiece of our Space-as-a-Service
model,” Jamie added.
Exo-Space is an edge computing "hardware + software" company
compared to most other edge computing companies that are solely
software focused. Exo-Space provides a platform where other
software-based edge computing companies can deploy algorithms that
create derivative products such as ultra-low latency insights for
their customers. This platform consists of a cutting-edge AI
accelerated processing unit, hardware-and-software based radiation
protections, and an integrated thermal management system, providing
one of the most robust computing environments available in space to
date.
"The delivery of the FeatherEdge flight hardware to Sidus'
facility in Florida marks a huge milestone for this mission. Sidus
has taken the complexity out of integration and schedule management
and the open communication and transparent requirements have played
a big role in Exo-Space's ability to deliver the hardware on
schedule. Leading up to the launch, we will continue to work
closely with the Sidus team to integrate and perform a system
checkout to ensure everything operates as expected," said Jeremy
Allam, Co-founder and CEO of Exo-Space.
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 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 is ISO
9001:2015, AS9100 Rev. D certified, and ITAR registered.
About Exo-Space
Exo-Space, located in Los Angeles, California, develops high
performance data processing devices, and intelligent middleware to
enable implementation of computationally intensive data processing
applications, particularly those with a basis in artificial
intelligence and machine learning, onboard spacecraft. Operating in
an emerging market servicing customers that require
ultra-low-latency space analytics, Exo-Space has developed and
thoroughly tested a unique platform that creates mission
flexibility and high-performance computing for its host spacecraft.
Exo-Space's technology provides benefits to both satellite
operators, adding a layer of intelligence to their operations, as
well as Earth-based entities, providing insights on Earth
Observation data collected with sub-minute latency. Exo-Space's
technology is built to operate anywhere that data is generated,
from Low Earth Orbit, to the moon, to Mars and beyond.
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/20230428005110/en/
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 Sidus Space Inc. Katie
Kennedy Senior Vice President Gregory FCA katiek@gregoryfca.com
1-610-731-1045
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