Sidus Space Partners with ViaSatellite to Showcase Potential Value of Space-Derived Data to Industry Leaders

Rhea-AI Summary

Sidus Space (NASDAQ: SIDU), located in Cape Canaveral, Florida, has partnered with ViaSatellite to launch a webcast series on the value of space-derived data. The first session, "Building in Space: Infrastructure for a New Frontier," will take place on Jan. 23, featuring CEO Carol Craig. The company aims to educate industry leaders on leveraging space-based data for predictive analytics. Sidus Space operates a 35,000-square-foot facility offering various Space-as-a-Service solutions, focused on facilitating access to critical space information for diverse industries.

Positive

• Partnership with ViaSatellite helps educate industry leaders about space-derived data.
• Webcast series aims to showcase opportunities in the growing space data market.
• Sidus Space operates a comprehensive facility focused on commercial satellite solutions.

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• None.

Investing in the Future of the Global Economy

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)-- Sidus Space (NASDAQ: SIDU), located in Cape Canaveral, Florida, a Space-as-a-Service company focused on mission critical hardware manufacturing combined with commercial satellite design, manufacture, launch and data collection, announced its partnership with ViaSatellite to educate industry leaders about the potential value of space-derived data in a webcast series, entitled The Future Space Economy.

Attendees will have an opportunity to learn more during the upcoming webcast, “Building in Space: Infrastructure for a New Frontier,” on Jan. 23, featuring Carol Craig, Founder and CEO of Sidus Space.

Craig commented, “We’ve reached an inflection point where space-based data can be used to power predictive analytics and drive outcomes that benefit nearly every industry on Earth. Our mission is to provide access to critical space-based data so everyone can make informed decisions.”

“We now have the knowledge and technology to get space-based data directly to end-users,” continued Craig. “Understanding how these technologies and data can be used in a meaningful way has been a challenge for many. Our webinar will provide an in-depth look at the opportunities available for businesses to take advantage of this rapidly growing market. We invite industry experts and thought leaders to join us as we explore what it takes to bring Space down to Earth.”

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.

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, 2021, 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/20230112005259/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

Media Contact

Katie Kennedy

Senior Vice President

Gregory FCA

sidus@gregoryfca.com

1-610-731-1045

www.sidusspace.com

Source: Sidus Space

FAQ

What is Sidus Space's partnership with ViaSatellite about?

Sidus Space has partnered with ViaSatellite for a webcast series to educate industry leaders on the value of space-derived data.

When is the webcast titled "Building in Space: Infrastructure for a New Frontier"?

The webcast is scheduled for January 23.

Who is the CEO of Sidus Space?

The CEO of Sidus Space is Carol Craig.

What services does Sidus Space provide?

Sidus Space offers Space-as-a-Service solutions, including satellite design, manufacture, launch, and data analytics.

What is the significance of space-derived data according to Sidus Space?

According to Sidus Space, space-derived data can power predictive analytics and benefit nearly every industry.