Sidus Space Signs Extended and Amended Preliminary $120M Agreement with Lonestar for Lunar Data Storage Spacecraft
Sidus Space (NASDAQ: SIDU) has expanded and moved forward with a preliminary agreement valued at approximately $120 million with Lonestar Data Holdings. The partnership focuses on designing, building, and providing on-orbit support for six lunar data storage spacecraft based on Sidus' LizzieSat® platform.
The collaboration aims to advance secure, resilient data solutions beyond Earth, with Sidus overseeing design, payload integration, launch planning, and on-orbit support. The lunar spacecraft will provide secure, redundant data storage for mission-critical information in deep space.
Carol Craig, CEO of Sidus Space, emphasized the contract's significance in demonstrating LizzieSat® platform's scalability for lunar missions. Chris Stott, Founder and CEO of Lonestar, highlighted the partnership's role in revolutionizing data storage and disaster recovery in space following recent test flight successes.
Sidus Space (NASDAQ: SIDU) ha ampliato e progredito con un accordo preliminare del valore di circa 120 milioni di dollari con Lonestar Data Holdings. La collaborazione si concentra sulla progettazione, costruzione e fornitura di supporto in orbita per sei veicoli spaziali per la memorizzazione di dati lunari basati sulla piattaforma LizzieSat® di Sidus.
Questa partnership mira a sviluppare soluzioni di dati sicure e resilienti oltre la Terra, con Sidus che supervisiona la progettazione, l'integrazione del carico utile, la pianificazione del lancio e il supporto in orbita. I veicoli spaziali lunari forniranno una memorizzazione di dati sicura e ridondante per informazioni critiche per le missioni nello spazio profondo.
Carol Craig, CEO di Sidus Space, ha sottolineato l'importanza del contratto nel dimostrare la scalabilità della piattaforma LizzieSat® per le missioni lunari. Chris Stott, Fondatore e CEO di Lonestar, ha evidenziato il ruolo della partnership nel rivoluzionare la memorizzazione dei dati e il recupero in caso di disastro nello spazio, dopo i recenti successi nei voli di prova.
Sidus Space (NASDAQ: SIDU) ha ampliado y avanzado con un acuerdo preliminar valorado en aproximadamente 120 millones de dólares con Lonestar Data Holdings. La asociación se centra en el diseño, construcción y provisión de soporte en órbita para seis naves espaciales de almacenamiento de datos lunares basadas en la plataforma LizzieSat® de Sidus.
La colaboración tiene como objetivo avanzar en soluciones de datos seguras y resilientes más allá de la Tierra, con Sidus supervisando el diseño, la integración de la carga útil, la planificación del lanzamiento y el soporte en órbita. Las naves espaciales lunares proporcionarán almacenamiento de datos seguro y redundante para información crítica de misión en el espacio profundo.
Carol Craig, CEO de Sidus Space, enfatizó la importancia del contrato para demostrar la escalabilidad de la plataforma LizzieSat® para misiones lunares. Chris Stott, fundador y CEO de Lonestar, destacó el papel de la asociación en revolucionar el almacenamiento de datos y la recuperación ante desastres en el espacio tras los recientes éxitos de vuelos de prueba.
Sidus Space (NASDAQ: SIDU)는 Lonestar Data Holdings와 약 1억 2천만 달러 규모의 예비 계약을 체결하고 확장했습니다. 이 파트너십은 Sidus의 LizzieSat® 플랫폼을 기반으로 한 여섯 개의 달 데이터 저장 우주선의 설계, 제작 및 궤도 지원 제공에 중점을 두고 있습니다.
이번 협력은 지구를 넘어 안전하고 탄력적인 데이터 솔루션을 발전시키는 것을 목표로 하며, Sidus는 설계, 탑재체 통합, 발사 계획 및 궤도 지원을 감독합니다. 달 우주선은 심우주에서 임무에 중요한 정보를 위한 안전하고 중복된 데이터 저장소를 제공합니다.
Sidus Space의 CEO인 Carol Craig는 이 계약이 달 임무를 위한 LizzieSat® 플랫폼의 확장 가능성을 입증하는 데 중요한 의미가 있다고 강조했습니다. Lonestar의 창립자이자 CEO인 Chris Stott는 최근 시험 비행의 성공 이후 우주에서 데이터 저장 및 재해 복구를 혁신하는 데 있어 파트너십의 역할을 강조했습니다.
Sidus Space (NASDAQ: SIDU) a élargi et avancé avec un accord préliminaire d'une valeur d'environ 120 millions de dollars avec Lonestar Data Holdings. Le partenariat se concentre sur la conception, la construction et la fourniture de soutien en orbite pour six vaisseaux spatiaux de stockage de données lunaires basés sur la plateforme LizzieSat® de Sidus.
La collaboration vise à faire progresser des solutions de données sécurisées et résilientes au-delà de la Terre, Sidus supervisant la conception, l'intégration de la charge utile, la planification des lancements et le soutien en orbite. Les vaisseaux spatiaux lunaires fourniront un stockage de données sécurisé et redondant pour des informations critiques pour les missions dans l'espace profond.
Carol Craig, PDG de Sidus Space, a souligné l'importance du contrat pour démontrer la scalabilité de la plateforme LizzieSat® pour les missions lunaires. Chris Stott, fondateur et PDG de Lonestar, a mis en avant le rôle du partenariat dans la révolution de la stockage des données et de la récupération après sinistre dans l'espace suite aux récents succès des vols d'essai.
Sidus Space (NASDAQ: SIDU) hat sich mit einem vorläufigen Vertrag im Wert von etwa 120 Millionen Dollar mit Lonestar Data Holdings erweitert und vorangetrieben. Die Partnerschaft konzentriert sich auf das Design, den Bau und die Bereitstellung von Orbitunterstützung für sechs lunar Datenlager-Raumfahrzeuge, die auf der LizzieSat®-Plattform von Sidus basieren.
Die Zusammenarbeit zielt darauf ab, sichere und resiliente Datenlösungen über die Erde hinaus voranzutreiben, wobei Sidus das Design, die Integration der Nutzlast, die Startplanung und die Orbitunterstützung überwacht. Die lunar Raumfahrzeuge werden sichere und redundante Datenspeicher für mission-kritische Informationen im tiefen Weltraum bereitstellen.
Carol Craig, CEO von Sidus Space, betonte die Bedeutung des Vertrags, um die Skalierbarkeit der LizzieSat®-Plattform für lunar Missionen zu demonstrieren. Chris Stott, Gründer und CEO von Lonestar, hob die Rolle der Partnerschaft bei der Revolutionierung der Datenspeicherung und der Katastrophenbewältigung im Weltraum nach den jüngsten Erfolgen bei Testflügen hervor.
- Secured preliminary agreement worth $120 million
- Contract for six lunar spacecraft demonstrates product scalability
- Expansion into lunar mission capabilities shows market growth
- Strategic partnership with established space data storage company
- Agreement is still preliminary, not final
- Timeline for project completion not specified
- Financial terms and payment structure not disclosed
Insights
This preliminary agreement represents a transformative opportunity for Sidus Space with a potential
From a financial perspective, the most significant aspect is the sheer scale of this agreement relative to Sidus' size. While the preliminary nature warrants caution regarding revenue timing and certainty, securing a partner commitment of this magnitude represents a substantial commercial validation of Sidus' capabilities. The contract would involve building six lunar spacecraft, suggesting potential long-term revenue visibility if executed successfully.
The strategic value extends beyond immediate revenue. By demonstrating their platform's adaptability for lunar missions, Sidus establishes credibility in the higher-value deep space segment. This could potentially open additional commercial opportunities beyond Earth orbit.
Investors should note the preliminary status means final terms could change, and the complex nature of lunar missions introduces execution risks. The agreement doesn't specify payment schedules, capital requirements, or timeline - critical factors for a company of Sidus' size. Nevertheless, this represents a significant commercial milestone and potential growth catalyst that could substantially alter the company's trajectory.
This agreement marks a notable technological leap for Sidus Space as they extend their LizzieSat® platform capabilities from Earth orbit to lunar applications. The technical challenges of lunar operations vastly exceed those of traditional satellite deployments, requiring advanced radiation hardening, thermal management, and propulsion systems capable of lunar insertion and positioning.
Sidus' comprehensive role in design, payload integration, launch planning, and on-orbit support demonstrates confidence in their technical capabilities across the mission lifecycle. The reference to "recent test flights" with Lonestar suggests some technical validation has already occurred, though lunar-specific testing isn't explicitly mentioned.
The lunar data storage concept itself represents an innovative application merging space technology with data security. By physically locating critical data beyond Earth, this creates a unique disaster recovery solution invulnerable to terrestrial threats. While conceptually compelling, successful implementation requires solving significant challenges in data transfer rates, latency, and reliable long-term operations in the harsh lunar environment.
From a competitive standpoint, Sidus appears to be positioning itself in the emerging cislunar economy, which remains largely undeveloped but holds substantial long-term potential. The scalability demonstrated by adapting their satellite platform for lunar applications could become a significant competitive advantage as commercial lunar activities expand.
Agreement solidifies partnership to design, build and support six LizzieSat® lunar spacecraft, advancing secure data storage in deep space
The lunar spacecraft, based on Sidus’ adaptable LizzieSat® platform, will leverage cutting-edge technology to provide secure, redundant data storage for mission-critical information in deep space. As part of the contract, Sidus will oversee the design, payload integration, launch planning and on-orbit support for the spacecraft. The partnership underscores both companies’ commitment to delivering innovative space technologies that address critical customer challenges.
“This contract represents a pivotal step forward in our partnership with Lonestar, demonstrating our ability to scale the LizzieSat® platform to meet diverse and mission-critical needs, including lunar missions,” said Carol Craig, CEO of Sidus Space. “It also highlights our role as an innovative mission collaborator, delivering cost-effective solutions built on Sidus’ demonstrated space expertise. We are proud to support Lonestar and their mission to provide advanced secure data storage solutions that enable organizations to safeguard vital information beyond Earth’s bounds.”
“Following the success of our recent test flights, this partnership with Sidus Space marks a significant milestone in our journey to revolutionize data storage and disaster recovery in space,” said Chris Stott, Founder and CEO of Lonestar. “Sidus’ proven expertise, innovative approach and scalable satellite solutions are key to achieving our vision of delivering resilient, secure data storage capabilities on the Moon.”
About Sidus Space
Sidus Space (NASDAQ: SIDU) is a space mission enabler providing flexible, cost-effective solutions, including satellite manufacturing and technology integration, AI-driven space-based data solutions, mission planning and management operations, AI/ML products and services and space and defense hardware manufacturing. With its mission of Space Access Reimagined®, Sidus Space is committed to rapid innovation, adaptable and cost-effective solutions, and the optimization of space system and data collection performance. With demonstrated space heritage, including manufacturing and operating its own satellite and sensor system, LizzieSat®, Sidus Space serves government, defense, intelligence and commercial companies around the globe. Strategically headquartered on Florida’s Space Coast, Sidus Space operates a 35,000-square-foot space manufacturing, assembly, integration and testing facility and provides easy access to nearby launch facilities. For more information, visit: www.sidusspace.com.
About Lonestar® Data Holdings
Lonestar Data Holdings is a pioneering data center infrastructure company that offers a groundbreaking approach to data storage and data security. Lonestar provides resilient data storage solutions, that are compliant with data-sovereignty requirements globally, and are designed to protect critical information from cyberattack, natural disasters, and nation-state threats. After making history with the world’s first software-defined data operations on the Moon in 2024, the company continues to lead advancements in edge processing and data storage in lunar orbit, while maintaining a strong commitment to sustainability with solar-powered and carbon-neutral operations.
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, the risk that a definitive agreement with Lonestar may not be entered into 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, 2024, 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.
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