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Sidus Space’s LizzieSat-1 and FeatherEdge Support the Achievement of Flight Heritage for Arkisys’ Applique Technology

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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.

Positive
  • Successful flight heritage achievement for Arkisys' Applique technology.
  • Integration with Sidus' FeatherEdge AI technology.
  • Completion of Defense Innovation Unit (DIU) contract deliverables.
  • Achievement of Technology Readiness Level (TRL) 9 for Applique.
  • Future use of Applique in all Arkisys space missions.
  • Enhanced payload flexibility and integration capabilities.
Negative
  • No specific financial gains or revenue increases were mentioned in the PR.

Insights

The successful completion of the DIU contract deliverable and the achievement of flight heritage status for Arkisys Applique aboard LizzieSat-1 can potentially have significant financial implications for Sidus Space. The involvement of the Defense Innovation Unit (DIU), a branch of the U.S. Department of Defense, highlights a promising government partnership that can lead to further contracts and funding opportunities. This success helps Sidus Space enhance its credibility and potential market share in the burgeoning space economy. Such a milestone could attract more investors, boost stock prices and provide a competitive edge.

For retail investors, it's essential to note that this successful mission underlines Sidus Space's capacity to deliver on high-stakes contracts. While immediate financial gains might not be visible, the long-term implications of this achievement mark a pivotal growth point, potentially opening doors to more substantial revenue streams.

Arkisys' achievement of flight heritage status for its Applique technology is a significant milestone within the space industry. Flight heritage status, which is also known as Technology Readiness Level (TRL) 9, indicates that the technology has been proven through successful mission operations in space. This status makes the technology highly attractive to other space mission planners and organizations as it reduces the perceived risk of deploying this technology.

The integration with Sidus Space’s FeatherEdge AI technology and the successful tests conducted—such as orbit propagation algorithms and monitoring temperatures—demonstrate the robustness and adaptability of the Applique system. For investors, understanding that Sidus Space can support advanced technologies like Arkisys' Applique provides assurance about the company's technical capabilities and future potential in contributing to various space missions.

Additionally, the Applique’s ability to act as a universal interface adapter opens up a broad range of applications, making it a versatile and marketable product in the space tech domain. This adaptability is important in a field that demands constant innovation and flexibility.

The collaboration between Sidus Space and Arkisys, supported by DIU funding, aligns with market trends emphasizing private-public partnerships in space technology. The accomplishment not only demonstrates the feasibility and readiness of the Applique technology but also signifies a broader trend of the U.S. military leveraging commercial technology solutions.

By achieving TRL 9, Arkisys positions itself as a reliable partner for future space missions, which can attract new customers including commercial entities, academic institutions and government agencies. This development could also enhance Sidus Space’s brand perception as an enabler of pioneering space technology, potentially expanding its client base and market reach.

For retail investors, this news highlights a progressive step in Sidus Space's strategic growth, underpinned by technological innovation and robust partnerships. This kind of collaboration could lead to a more stable and diversified revenue stream, mitigating risks associated with the volatility of the space tech market.

Arkisys Applique Mission was supported by a Defense Innovation Unit (DIU) Funding

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)-- Sidus Space, Inc. (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company, today announced in conjunction with Arkisys Inc. (“Arkisys”), the successful completion of a Defense Innovation Unit (DIU) contract deliverable and the achievement of flight heritage status for Arkisys Applique aboard LizzieSat™-1.

Arkisys is a creator of spacecraft architectures and platform solutions that open up in-space services. Arkisys integrated their Applique hardware with Sidus’ FeatherEdge Artificial Intelligence (AI) technology, enabling the successful completion of DIU contract deliverables. The DIU, an organization within the U.S. Department of Defense (DoD), was established to accelerate the adoption of commercial technology solutions into the U.S. military by leveraging partnerships with innovative companies, particularly those in the commercial sector.

The Arkisys Applique is a universal interface adapter designed to connect various spacecraft payloads using common interface standards and protocols. The Applique enables secure connections of external payloads to the Arkisys Port's systems, facilitating operations such as robotic arm manipulation, multispectral imaging, and synthetic aperture radar usage.

The Applique hardware, integrated with FeatherEdge, performed functional tests to run orbit propagation algorithms, monitor temperatures, and send/receive telemetry packets, images and commands. The mission goal was to specifically test, validate, and mature the Applique design and architecture which will allow any customer payload or component to fly without having to modify their data or connector protocols. Arkisys plans to use the Applique for all future space missions to and from its Port Modules to support a variety of payload and customer goals.

“The success of this mission solidifies our position in the forefront of the space economy as an affordable and efficient means of integrating customer technology in our flexible multi-mission platform to allow advancement or maturity in Technology Readiness Level (TRL),” said Carol Craig, Sidus Space CEO and Founder. “We congratulate Arkisys in achieving TRL 9, the highest readiness level indicating their technology is flight proven through successful mission operation in space.”

“I am extremely proud of the team at Arkisys for collaborating with the Sidus team to achieve space flight heritage for Applique!” said David Barnhart, CEO for Arkisys. “The Applique flown on Sidus Space’s LizzieSat-1 represents a major step in allowing anyone to connect on the ground, and in orbit. Arkisys is committed to supporting a new approach to optimization in space, where companies, academics and governments can easily add new capabilities to payloads and spacecraft post-launch. Our ‘universal data translator’ is now making space simple for anyone wanting to grow and extend life and revenue, after launch.”

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.

About Arkisys

Arkisys, Inc., located in Los Alamitos, California, is enabling any customer to enhance their growth and space capability, on orbit. Arkisys is a creator of spacecraft architectures and platform solutions that open up in-space services. By design, Arkisys offers affordable space-based services for any organization, company, Government and academic institutes interested in next generation on-orbit space-based commerce. We work with any system or subsystem provider to integrate their technology onto our Ports and encourage and enable innovation in components, payloads and new mission growth, post launch. For more information, visit http://arkisys.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, 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

press@sidusspace.com

Source: Sidus Space

FAQ

What is the significance of Sidus Space's recent announcement?

Sidus Space announced the successful flight heritage achievement of Arkisys' Applique technology aboard LizzieSat-1, enhancing payload integration capabilities.

What technology did Sidus Space integrate with Arkisys' Applique?

Sidus Space integrated its FeatherEdge AI technology with Arkisys' Applique technology.

What is the Technology Readiness Level (TRL) achieved by Arkisys' Applique?

Arkisys' Applique achieved Technology Readiness Level (TRL) 9, indicating it is flight-proven through successful mission operations in space.

What organization supported the mission mentioned in Sidus Space's announcement?

The mission was supported by the Defense Innovation Unit (DIU), an organization within the U.S. Department of Defense.

What are the future plans for Arkisys' Applique technology?

Arkisys plans to use the Applique for all future space missions, enhancing payload integration and flexibility.

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