Welcome to our dedicated page for Sidus Space news (Ticker: SIDU), a resource for investors and traders seeking the latest updates and insights on Sidus Space stock.
Sidus Space, Inc. (NASDAQ: SIDU) is a pioneering Space and Defense as-a-Service company, providing a comprehensive range of space-based solutions. This service-disabled veteran-owned small business, also recognized as a woman-owned and Hispanic minority-owned small business, offers scalable and low-cost satellite services that cater to a variety of sectors. Sidus Space specializes in the design, manufacturing, and launching of satellites and spacecraft, providing critical data solutions for both government and commercial missions across the solar system.
The company boasts a robust infrastructure of multi-mission satellites equipped with hyperspectral, multi-spectral, and other advanced sensors. These capabilities allow Sidus Space to deliver monitoring services and innovative solutions to industries such as Commercial Space, Aerospace, Defense, and Underwater Marine, as well as various government entities.
Uniquely positioned as more than just a “satellite-as-a-service” provider, Sidus Space partners with its clients from concept development to execution in low Earth orbit and beyond. Their mission-oriented approach ensures tailored solutions, meeting the precise needs of their customers. The company's recent achievements include successful launches, strategic partnerships, and advancements in satellite technology, underscoring their leadership in the space industry.
With a commitment to excellence and innovation, Sidus Space continues to make significant strides in space hardware development and mission support, driving the future of space exploration and data utility for a variety of sectors.
Sidus Space (NASDAQ: SIDU) has secured a contract with Xiomas Technologies to supply its FeatherEdge onboard computing system for a groundbreaking fire detection project. This collaborative effort, involving NASA and Harvard University, aims to demonstrate rapid fire detection capabilities using a stratospheric balloon platform.
The FeatherEdge system will process high-resolution thermal images from Xiomas' advanced infrared sensor, performing critical edge computing tasks to compress raw data into actionable analytics. It will generate essential data on the location, size, and intensity of heat signatures for near real-time transmission to ground stations.
Scheduled for launch in October 2024, this project showcases Sidus Space's commitment to leveraging space-based technologies for critical Earth applications and positions the company for future opportunities in governmental and commercial sectors.
Sidus Space (NASDAQ: SIDU) founder and CEO Carol Craig has been named to Forbes' 50 Over 50 list, recognizing women who have achieved significant success after age 50. Craig, a trailblazer in aerospace and defense, founded Craig Technologies in 1999 and later established Sidus Space, a pioneer in satellite manufacturing and space-based solutions.
Under Craig's leadership, both companies have experienced significant growth, supporting government and commercial customers with innovative solutions. Her inclusion on the Forbes list highlights her exceptional accomplishments and serves as an inspiration for those making a difference at any career stage.
Sidus Space (NASDAQ: SIDU) has developed an advanced high-speed switch card using Frontgrade's protocol-independent Crosspoint Switch. This multi-payload switch card is integrated into LizzieSat™-2 (LS-2) and offered as a standalone product for the Small Satellite Supply Chain. The Sidus Low Voltage Differential Signaling (LVDS) Switch Card extends payload processor capabilities, enabling communication with multiple optical sensors through high-speed LVDS data connections.
Key features include:
- Enhanced redundancy and fault tolerance
- Compatibility with Space VPX VITA 78 standard
- 3.125Gbps data rate
- Integration of in-house 3D printing technology
Sidus Space plans to leverage its business operations and marketing resources to bring this technology to market, with full-rate production anticipated in 2025.
Sidus Space (NASDAQ: SIDU), a provider of end-to-end precision Space Infrastructure solutions, is attending the Small Satellite 2024 conference at Utah State University from August 5th to 8th. CEO Carol Craig highlighted the event's importance for networking and discussing the successful launch of LizzieSat™-1 and the upcoming LizzieSat™-2 launch.
The conference is internationally recognized as the premier event for small satellites, offering a platform for industry leaders to review successes, explore new directions, and introduce emerging technologies. It provides networking opportunities with experts in military, science, and academic fields, focusing on key challenges and opportunities in the small satellite community.
Sidus Space (NASDAQ: SIDU), a provider of precision Space Infrastructure solutions, has appointed Jeffrey Shuman, former Chief Human Resources Officer at L3Harris, as an independent Director effective July 8, 2024. CEO Carol Craig and Chairman Leo Riera highlighted Shuman's extensive experience and network within the Space Coast community as valuable assets for Sidus's growth. Shuman has a 40-year career with roles in the US Army, Avon Products, Honeywell International, Northrop Grumman, L3Harris, and Quest Diagnostics. He has served on various advisory boards and earned accolades like the Stevie Award for Best Human Resources Executive.
Sidus Space (NASDAQ: SIDU) announced that, in collaboration with NASA Stennis Space Center, it has successfully met the primary objectives of the ASTRA payload mission on July 1, 2024.
This mission marks a significant milestone for NASA Stennis and its autonomous systems team. The ASTRA payload, designed as a technology demonstrator, was tested on Sidus Space's LizzieSat™-1 (LS-1) satellite.
Sidus Space handled all mission operations, including launch and satellite activation, enabling the NASA team to achieve its primary mission goals. The mission now focuses on data collection, on-orbit capabilities, and automated flight following for ASTRA.
The collaboration underscores Sidus Space's commitment to advancing space technology and innovation.
Sidus Space (NASDAQ: SIDU) has signed a Memorandum of Understanding (MOU) with NamaSys Bahrain to form a joint venture,
Sidus Space (NASDAQ: SIDU) has demonstrated an advanced AI-enhanced firefighting software solution aboard its LizzieSat™ satellite, launched in March 2024 on SpaceX's Transporter-10 mission. Developed in collaboration with Xiomas Technologies and funded by NASA, this innovation leverages FeatherEdge technology to improve thermal sensing accuracy and reliability. Unlike traditional methods, FeatherEdge uses advanced algorithms for real-time data processing and analysis on orbit, enabling timely and precise thermal data important for firefighting. This milestone highlights the efficacy of industry-research collaborations in advancing space technology.
Sidus Space (NASDAQ: SIDU) announced the successful flight heritage achievement of Arkisys' Applique technology aboard the LizzieSat-1, in collaboration with Arkisys and supported by the Defense Innovation Unit (DIU). The Applique, integrated with Sidus' FeatherEdge AI technology, successfully completed DIU contract deliverables, confirming its readiness for future space missions. This universal interface adapter allows seamless integration of various spacecraft payloads. The mission tested and validated the Applique, enabling secure payload connections and advancing its Technology Readiness Level (TRL) to 9, the highest readiness level. Arkisys aims to use the Applique in all future space missions, enhancing payload flexibility and integration capabilities.
Sidus Space (NASDAQ: SIDU) announced the successful data transmission from its LizzieSat-1 mission via its AI delivery platform, FeatherEdge, on May 24, 2024. The mission showcased FeatherEdge’s ability to update algorithms post-launch, process data 300 times faster than a CPU, and downlink health and status data to the Sidus Mission Control Center. This milestone marks the start of rapid intelligence delivery missions, leveraging Google-powered AI processors, with plans for NVIDIA-powered upgrades in early 2025. LizzieSat satellites equipped with FeatherEdge offer datacenter-scale computing on orbit, aiming to onboard and adapt to customer needs across industry, academia, and government sectors.
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