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Sidus Space Announces an Additional Contract Award for NASA ASTRA

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Sidus Space (NASDAQ: SIDU) has been awarded a follow-on contract from NASA Stennis for additional ASTRA (Autonomous Satellite Technology for Resilient Applications) support aboard LizzieSat™-1. The expanded mission objectives focus on collecting onboard data for critical systems, enabling ASTRA's Primary Operations Control Center to manage the Electrical Power System through Sidus' Mission Control Center. This advancement allows for continuous monitoring and optimization of the satellite's battery voltage, ensuring normal payload operation even in suboptimal solar conditions.

The new capabilities include dynamic power management, activating or deactivating specific equipment based on battery charge levels and mission needs. This represents a significant improvement in operational flexibility and efficiency. CEO Carol Craig highlighted that this contract with NASA demonstrates Sidus Space's commitment to advancing space technology through innovation and execution.

Sidus Space (NASDAQ: SIDU) ha ricevuto un contratto di follow-on dalla NASA Stennis per ulteriore supporto a ASTRA (Tecnologia Satellitare Autonoma per Applicazioni Resilienti) a bordo di LizzieSat™-1. Gli obiettivi missionari ampliati si concentrano sulla raccolta di dati a bordo per sistemi critici, consentendo al Centro di Controllo delle Operazioni Principali di ASTRA di gestire il Sistema di Alimentazione Elettrica attraverso il Centro di Controllo della Missione di Sidus. Questo progresso consente il monitoraggio continuo e l'ottimizzazione della tensione della batteria del satellite, garantendo il normale funzionamento del carico utile anche in condizioni solari subottimali.

Le nuove capacità includono la gestione dinamica dell'energia, attivando o disattivando attrezzature specifiche in base ai livelli di carica della batteria e alle esigenze della missione. Questo rappresenta un miglioramento significativo nella flessibilità e nell'efficienza operativa. L'Amministratore Delegato Carol Craig ha sottolineato che questo contratto con la NASA dimostra l'impegno di Sidus Space nel far progredire la tecnologia spaziale attraverso l'innovazione e l'esecuzione.

Sidus Space (NASDAQ: SIDU) ha recibido un contrato de seguimiento de NASA Stennis para soporte adicional de ASTRA (Tecnología de Satélites Autónomos para Aplicaciones Resilientes) a bordo de LizzieSat™-1. Los objetivos de la misión ampliados se centran en la recolección de datos a bordo para sistemas críticos, lo que permite al Centro de Control de Operaciones Principal de ASTRA gestionar el Sistema de Energía Eléctrica a través del Centro de Control de Misión de Sidus. Este avance permite el monitoreo continuo y la optimización del voltaje de la batería del satélite, asegurando el funcionamiento normal de la carga útil incluso en condiciones solares subóptimas.

Las nuevas capacidades incluyen la gestión dinámica de energía, activando o desactivando equipos específicos según los niveles de carga de la batería y las necesidades de la misión. Esto representa una mejora significativa en la flexibilidad y eficiencia operativa. La CEO Carol Craig destacó que este contrato con NASA demuestra el compromiso de Sidus Space con el avance de la tecnología espacial a través de la innovación y la ejecución.

Sidus Space (NASDAQ: SIDU)가 NASA Stennis로부터 ASTRA (Resilient Applications를 위한 자율위성 기술)에 대한 추가 지원 계약을 체결했습니다. 확장된 미션 목표는 LizzieSat™-1에서 중요한 시스템에 대한 온보드 데이터를 수집하는 데 중점을 두며, ASTRA의 주요 운영 제어 센터가 Sidus의 미션 제어 센터를 통해 전력 시스템을 관리할 수 있도록 합니다. 이러한 발전은 위성의 배터리 전압을 지속적으로 모니터링하고 최적화하여, 최적의 태양 조건에서도 정상적인 탑재물 운영을 보장합니다.

새로운 기능에는 배터리 충전 수준과 미션 요구 사항에 따라 특정 장비를 활성화하거나 비활성화하는 동적 전력 관리가 포함됩니다. 이는 운영의 유연성 및 효율성이 크게 향상된 것을 의미합니다. CEO Carol Craig는 NASA와의 계약이 Sidus Space의 혁신 및 실행을 통한 우주 기술 발전에 대한 의지를 보여줍니다.

Sidus Space (NASDAQ: SIDU) a reçu un contrat de suivi de la part de NASA Stennis pour un soutien supplémentaire à ASTRA (Technologie Satellite Autonome pour Applications Résilientes) à bord de LizzieSat™-1. Les objectifs de mission élargis se concentrent sur la collecte de données à bord pour des systèmes critiques, permettant au Centre de Contrôle des Opérations Principales d'ASTRA de gérer le Système d'Alimentation Électrique via le Centre de Contrôle des Missions de Sidus. Cette avancée permet une surveillance continue et une optimisation de la tension de la batterie du satellite, garantissant le fonctionnement normal de la charge utile même dans des conditions solaires sous-optimales.

Les nouvelles capacités incluent la gestion dynamique de l'énergie, activant ou désactivant des équipements spécifiques en fonction des niveaux de charge de la batterie et des besoins de la mission. Cela représente une amélioration significative de la flexibilité et de l'efficacité opérationnelle. La PDG Carol Craig a souligné que ce contrat avec la NASA illustre l'engagement de Sidus Space à faire progresser la technologie spatiale à travers l'innovation et l'exécution.

Sidus Space (NASDAQ: SIDU) hat einen Folgeauftrag von NASA Stennis für zusätzliche Unterstützung von ASTRA (Autonome Satellitentechnologie für resiliente Anwendungen) an Bord von LizzieSat™-1 erhalten. Die erweiterten Missionsziele konzentrieren sich auf die Sammlung von Onboard-Daten für kritische Systeme, wodurch das Primäre Betriebszentrum von ASTRA in der Lage ist, das Elektrische Energiesystem über das Mission Control Center von Sidus zu verwalten. Dieser Fortschritt ermöglicht eine kontinuierliche Überwachung und Optimierung der Batteriespannung des Satelliten, um den normalen Betrieb der Nutzlast auch unter suboptimalen Sonnenbedingungen zu gewährleisten.

Die neuen Fähigkeiten umfassen das dynamische Energiemanagement, das das Aktivieren oder Deaktivieren spezifischer Geräte basierend auf den Batterie-Ladelevels und den Missionsbedürfnissen ermöglicht. Dies stellt eine erhebliche Verbesserung der betrieblichen Flexibilität und Effizienz dar. CEO Carol Craig betonte, dass dieser Vertrag mit der NASA das Engagement von Sidus Space für die Weiterentwicklung der Raumfahrttechnologie durch Innovation und Umsetzung verdeutlicht.

Positive
  • Awarded follow-on contract from NASA Stennis for ASTRA support
  • Enhanced capabilities for satellite power management and optimization
  • Improved operational flexibility and efficiency in satellite operations
  • Successful completion of ASTRA's primary mission objective in early July
Negative
  • None.

Insights

The additional contract award for NASA ASTRA aboard LizzieSat™-1 marks a significant advancement in satellite technology. The focus on collecting onboard data for critical systems, particularly the Electrical Power System (EPS), is a game-changer for satellite operations. This capability allows for real-time power management, important for maintaining payload functionality in challenging solar conditions.

The ability to dynamically manage power based on battery charge levels and mission needs is a major leap in operational flexibility. This could potentially extend mission durations and enhance the overall reliability of satellite operations. For Sidus Space, this contract not only demonstrates their technical capabilities but also positions them as a key player in the development of resilient space infrastructure.

While specific financial details are not disclosed, this follow-on contract from NASA Stennis is a positive development for Sidus Space (NASDAQ: SIDU). It suggests growing confidence in Sidus' capabilities and potentially opens doors for future NASA collaborations. The expanded scope of work could lead to increased revenue streams and enhance Sidus' market position in the satellite technology sector.

Investors should note that this contract reinforces Sidus' competitive edge in providing end-to-end space infrastructure solutions. The company's ability to secure additional NASA work may improve its financial outlook and could positively impact its stock performance. However, the full financial impact will depend on the contract's size and duration, which are not specified in the announcement.

The additional mission objectives for ASTRA represent a significant leap in satellite performance optimization. The ability to manage the Electrical Power System (EPS) remotely through Sidus' Mission Control Center is a critical advancement in satellite operations. This capability allows for proactive power management, which is essential for maintaining payload functionality in varying orbital conditions.

The dynamic power management feature is particularly noteworthy. It enables real-time adjustments to satellite operations based on power availability, potentially extending mission lifespans and improving overall mission success rates. This level of operational flexibility is invaluable in the space industry, where resources are and every bit of efficiency counts. Sidus Space's demonstration of these capabilities could position them as a preferred partner for future satellite missions.

Additional Mission Objectives Set the Stage for Advanced Satellite Performance Optimization

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)-- Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a provider of end-to-end precision Space Infrastructure solutions that include satellite Data-as-a-Service on its proprietary on-orbit platform, is pleased to announce the award of a follow on contract from NASA Stennis for additional ASTRA (Autonomous Satellite Technology for Resilient Applications) support aboard LizzieSat™-1.

A key component of the additional objectives is collecting onboard data for critical systems. This capability enables ASTRA’s Primary Operations Control Center (POCC) to manage the Electrical Power System (EPS) through Sidus’ Mission Control Center (MCC). As a result, the satellite’s battery voltage can be continuously monitored and optimized, ensuring that the payload operates normally even in less-than-ideal solar conditions. The ability to dynamically manage power by activating or deactivating specific equipment based on battery charge levels and mission needs represents a crucial advancement in operational flexibility and efficiency.

Carol Craig, CEO of Sidus Space, remarked on the mission's progress: “With the successful completion of ASTRA’s primary mission objective in early July, we now look forward to the opportunity to provide further support for this historical NASA Stennis mission. We anticipate the execution of the additional requirements to be mutually beneficial by optimizing satellite performance and ensuring operational continuity under varied and even adverse conditions. This contract with NASA exemplifies our dedication to advancing space technology through innovation and rigorous execution.”

About Sidus Space

Sidus Space (NASDAQ: SIDU) is a multi-faceted Space Infrastructure-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. The Company is in Cape Canaveral, Florida, where it 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.

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. More than just a “Satellite-as-a-Service” provider, Sidus Space products and services are offered through its several business units: Space-as-a-Service, Space-Based Data Solutions, AI/ML Products and Services, Mission Planning and Management Operations, 3D Printing and Products and Services, Satellite Manufacturing and Payload Integration. and Space and Defense Hardware Manufacturing. Sidus Space is ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered.

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, 2023, 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.

Investor Relations

investorrelations@sidusspace.com

Media Inquiries

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Source: Sidus Space

FAQ

What new contract has Sidus Space (SIDU) been awarded?

Sidus Space (SIDU) has been awarded a follow-on contract from NASA Stennis for additional ASTRA support aboard LizzieSat™-1.

What are the key features of the additional ASTRA support for LizzieSat™-1?

The additional ASTRA support includes collecting onboard data for critical systems, managing the Electrical Power System, continuous monitoring and optimization of battery voltage, and dynamic power management based on battery charge levels and mission needs.

How does the new ASTRA capability benefit satellite operations for Sidus Space (SIDU)?

The new ASTRA capability allows for improved operational flexibility and efficiency by enabling continuous monitoring of battery voltage, optimizing satellite performance, and ensuring operational continuity under varied and adverse conditions.

When did Sidus Space (SIDU) complete ASTRA's primary mission objective?

Sidus Space (SIDU) successfully completed ASTRA's primary mission objective in early July, as mentioned in the press release.

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