Sidus Space Expands Global Ground Site Network With New ATLAS Space Operations Contract
May 10 2023 - 8:30AM
Business Wire
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 has selected ATLAS Space Operations (ATLAS) to
expand ground station services. The agreement is set to
significantly increase the global network of ground stations for
the LizzieSat™ constellation and further solidify Sidus Space's
position as a leader in Space and Defense-as-a-Service
solutions.
ATLAS Space Operations provides Ground Software as a Service™
(GSaaS) to manage satellite communications through a global antenna
network. ATLAS utilizes Freedom™ Software along with their global
federated antenna network, to provide end-to-end monitoring of all
assets.
"This partnership with ATLAS represents yet another step forward
for Sidus in providing additional cutting-edge satellite support to
customers around the world, increasing our coverage and data speed
while limiting our capital commitment," said Carol Craig Founder
and CEO of Sidus Space. "We are excited to work together with their
team of experts to nearly double our daily coverage
capabilities."
The increased daily coverage is expected to reduce latency
between image collection and downlink, enabling critical data
transfer more quickly than ever before. Sidus' expansion into an
even larger global ground site network ensures they continue
providing exceptional space services while maintaining their
position at the forefront of innovative space technology
solutions.
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.
About ATLAS Space Operations
ATLAS Space Operations is the leading provider of Ground
Software as a Service™ in the space communications industry. ATLAS
has been recognized by the World Teleport Association as one of the
fastest-growing teleport operators in the world for the past three
years. For 2023, ATLAS' Freedom™ software was recognized as a
finalist for Technology of the Year by both Via Satellite and World
Teleport Association; and ranked #30 on Fortune America’s Most
Innovative Companies. ATLAS combines the Freedom™ Software Platform
and its global antenna network to achieve its mission of connecting
humanity through space. To learn more, visit atlasspace.com.
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 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
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