Get 40% Off
🎁 Free Gift Friday: Copy Legendary Investors' Portfolios in One ClickCopy for Free

Sidus Space confirms signal from new satellite

EditorAhmed Abdulazez Abdulkadir
Published 14/03/2024, 12:56
© Reuters.

CAPE CANAVERAL, Fla. - Sidus Space, Inc. (NASDAQ: SIDU), a company specializing in Space and Data-as-a-Service solutions, has successfully received signals from its LizzieSat™ microsatellite following its deployment to low Earth orbit. The satellite was launched as part of SpaceX's Transporter-10 Rideshare mission on March 4, 2024, from the Vandenberg Space Force Base in California.

The LizzieSat™, which is about the size of a mini-refrigerator and weighs 275 pounds, is designed to support multiple missions and customers from a single platform. Following its launch and deployment, Sidus Space's mission and launch team have been monitoring communications with the satellite from their operations center in Merritt Island, Florida.

Carol Craig, CEO of Sidus Space, expressed excitement over the successful signal acquisition, highlighting it as a significant milestone for the company's venture into satellite manufacturing and operation. Craig emphasized the company's systematic approach to establishing itself as a leading provider of Space and Defense as a Service, leveraging its experienced team and advanced technologies.

Sidus Space plans to launch two additional LizzieSat™ satellites from Cape Canaveral Space Force Station later this year. These satellites are intended to offer tailored intelligence solutions across various industries, including defense, agriculture, maritime, and oil and gas.

Based in Cape Canaveral, Florida, Sidus Space operates a 35,000-square-foot facility dedicated to manufacturing, assembly, integration, and testing. The company aims to provide comprehensive Space-as-a-Service solutions, including end-to-end satellite support. Sidus Space is known for its four business units, which cover hardware manufacturing, satellite manufacturing, space-based data solutions, and AI/ML products and services.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

This announcement is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.