Sidus Space Completes Purchase Order, Delivers Cabinets for Bechtel's NASA Mobile Launcher 2 Project, and Continues Production for Additional Cabinets

Rhea-AI Summary

Sidus Space, a Space and Data-as-a-Service satellite company, delivered electronic LCS cabinets to Bechtel for NASA's mobile launcher 2 project, marking a milestone in the Artemis Campaign. They continue production for more cabinets, emphasizing commitment to future missions.

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• Successful delivery of electronic LCS cabinets to Bechtel for NASA's mobile launcher 2 project, showcasing contribution to the Artemis Campaign and lunar exploration goals.

• Continuing production of additional cabinets for future missions, reaffirming dedication to supporting NASA's objectives and advancing aerospace technology.

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• None.

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)-- Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company announced the successful delivery of two electronic LCS cabinets to Bechtel as part of NASA's mobile launcher 2. These cabinets, integral to the Launch Control System, mark a significant milestone in Sidus Space's contribution to NASA's Artemis Campaign aimed at lunar exploration and colonization. Furthermore, Sidus Space is continuing production of additional cabinets in a separate purchase order, reaffirming its commitment to supporting future missions.

The delivery of electronic LCS cabinets underscores Sidus Space's commitment to excellence in aerospace technology. Sidus has collaborated with Bechtel to fabricate custom cables and populate unique electronics cabinets supporting the launch control subsystem and ground special power subsystems.

Mobile launcher 2 serves as the crucial ground platform structure for launching Space Launch System (SLS) rockets Block 1B and Block 2 configurations. These larger, more powerful configurations are designed to fulfill NASA’s goal of transporting astronauts and heavy cargo to the moon as part of the agency’s Artemis Campaign.

"We are proud to announce the successful completion of the electronic LCS cabinets delivery to Bechtel, helping our partner deliver NASA’s mobile launcher 2," stated Sidus Space Chief Production Officer, Rich Kube. "This achievement marks a significant milestone in our contribution to NASA's Artemis Campaign. Our ongoing contribution of critical components to the launch of the SLS rockets Block 1B and Block 2 configurations reflects our unwavering commitment to supporting the Artemis Campaign and NASA’s goal to explore and establish a presence on the lunar surface. As we continue production for additional cabinets, Sidus Space reaffirms its dedication to supporting future missions and advancing aerospace technology."

About Sidus Space

Sidus Space (NASDAQ: SIDU) is a multi-faceted Space and Data-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’s products and services are offered through its four business units: Space and Defense Hardware Manufacturing, Satellite Manufacturing and Payload Integration, Space-Based Data Solutions, and AI/ML Products and Services to support customers from concept to Low Earth Orbit and beyond. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240502098344/en/

Investor Relations

Valter Pinto or Jack Perkins

KCSA Strategic Communications

sidus@kcsa.com

(212) 896-1254



For media inquiries:

press@sidusspace.com

Source: Sidus Space

FAQ

What did Sidus Space deliver to Bechtel for NASA's mobile launcher 2 project?

Sidus Space delivered electronic LCS cabinets to Bechtel for NASA's mobile launcher 2 project.

What is the significance of the delivery of electronic LCS cabinets?

The delivery marks a milestone in Sidus Space's contribution to NASA's Artemis Campaign and lunar exploration goals.

What does Sidus Space continue to produce for future missions?

Sidus Space is continuing production of additional cabinets for future missions, showcasing commitment to supporting NASA's objectives.