Sidus Space Successfully Completes Critical Milestone of Environmental Testing of AI-Enhanced LizzieSat Satellite Ahead of Launch

Rhea-AI Summary

Sidus Space (NASDAQ: SIDU) has completed environmental testing of its AI-enhanced LizzieSat satellite, a critical milestone for the upcoming launch in Q1 2024.

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)-- Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, today announced it has successfully completed environmental testing of its AI-enhanced LizzieSat satellite, marking a critical milestone in preparation for the upcoming launch expected in the first quarter of 2024.

“Fully integrated LizzieSat spacecraft set up for Random Vibration testing at NTS Orlando” (Photo: Business Wire)

“This test is a critical step in validating that LizzieSat is ready for flight. In addition, we have completed other critical actions including obtaining the necessary launch and operating license,” said Lindsey Waitt, LizzieSat Program Manager. “I am incredibly proud of the Sidus Engineering team who has worked tirelessly to achieve this important milestone and we look forward to the launch of LizzieSat.”

Testing was completed by NTS Orlando where the LizzieSat Spacecraft underwent random vibration testing resulting in flight-qualification levels. The test was performed on the fully integrated LizzieSat Satellite that is manifested to launch into space early next year.

About Sidus Space

Sidus Space (NASDAQ: SIDU) is a 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 located 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. 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 Space is ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered.

About NTS Orlando

Established in 1986 as Qualtest and acquired by NTS in 2015, NTS Orlando offers an extensive array of test services delivered by an experienced and resourceful team dedicated to serving the testing needs of Aerospace, Defense, and a variety of Commercial customers. Quality is recognized by many as a crucial aspect of conducting any successful test program and is a deeply held value at NTS Orlando. Customers can be assured of this commitment to quality by NTS Orlando’s A2LA and NVLAP ISO/IEC 17025 laboratory competence accreditations.

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, 2022, 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/20231031819991/en/

Investor Relations

Valter Pinto or Jack Perkins

KCSA Strategic Communications

sidus@kcsa.com

(212) 896-1254

Media

Pam Davis

Sidus Space

mediateam@sidusspace.com

Source: Sidus Space

FAQ

What is the company name that completed the environmental testing of its satellite?

The company is Sidus Space.

What is the name of the satellite that completed the testing?

The satellite is called LizzieSat.

When is the expected launch date for LizzieSat?

The expected launch date is in the first quarter of 2024.

Where was the testing conducted?

The testing was conducted at NTS Orlando.

What type of testing was performed on LizzieSat?

Random vibration testing was performed on the fully integrated LizzieSat Satellite.

What milestone does the completion of testing represent?

The completion of testing is a critical milestone in validating that LizzieSat is ready for flight.