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, is pleased to announce it has signed a
memorandum of understanding with Lulav Space, an Israeli robotics
company specializing in space applications, to cooperate in the US
market by providing a complete guidance navigation and control
(GN&C) solution for both lunar satellite and lunar lander
missions.
"Lulav’s engineers played an integral role in the Beresheet 1
mission, the first private Lunar lander mission, launched in 2019.
We look forward to capitalizing on this agreement to bring their
next-generation GN&C solutions to the US market," said Carol
Craig, Sidus Space Founder and CEO.
Under the terms of the agreement, the two companies will offer a
robust GN&C suite to support all lunar missions, from launcher
separation in LEO through trans-lunar injection (TLI), lunar
capture, lunar orbiting, and landing phase with touchdown on the
lunar surface. The GN&C suite can be customized for the unique
requirements of each mission.
The GN&C suite consists of several components that can be
supplied together or separately, including LEO and Cislunar
GN&C algorithms; autonomous vision-based lunar orbit
determination sensor; lunar landing GN&C; and vision-based
landing sensor in stereo configuration.
“Our highly validated, robust lunar GN&C suite, which our
team gained from the first private lunar flight in 2019, the
Beresheet 1, represents a game changer for all lunar missions,”
said Noam Leiter, CEO at Lulav Space. The GN&C suite is now
further developed as we also participate in our second lunar
mission, the Beresheet 2. We are thrilled to collaborate with Sidus
Space to offer the suite to the US market. Through Sidus Space's
mechanical and hardware development capabilities and extensive
experience in developing space systems, we can offer any customer
developing a lunar mission the fastest and most cost-effective
GN&C solution on the market.”
Sidus Space has supported multiple lunar missions to include
providing critical hardware for the NASA Artemis core stage, Solid
Rocket Boosters (SRBs), Exploration Ground Systems (EGS), and
Mobile Launcher 1. In addition, Sidus provided tooling, fabrication
and testing support for the NASA Orion Spacecraft. Sidus is excited
to be part of the Collins Aerospace team charged with delivering
critical space suit parts for NASA’s astronaut Exploration
Extravehicular Activity (xEVAS) contract. Additionally, Sidus plans
to provide lunar communications capability using our LizzieSat
satellite bus and lunar mission operations as a service in the
future.
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 Lulav Space
Lulav Space provides a complete guidance, navigation &
control (GN&C) software suite for a variety of space missions
such as lunar landing, satellite on-orbit servicing and active
debris removal, with a fraction of the power, mass and cost than
existing RADAR or LIDAR based systems. Lulav sensors are
customizable with mission-specific algorithms and easily integrate
with a wide range of spacecraft. The GN&C suite can support
missions from LEO to lunar orbit and lunar soft touchdown. Lulav
Space is a startup company that was founded by experts in GN&C,
computer vision, and simulation. The company's engineers took part
in the Beresheet 1 mission, the first private Lunar lander mission,
launched in 2019.
Lulav is the subcontractor for GN&C software suite of the
Beresheet-2 lunar landers.
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/20230502005521/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 Katie Kennedy Senior Vice President
Gregory FCA katiek@gregoryfca.com 1-610-731-1045 Noam Leiter CEO
Lulav Space noam@lulav.space
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