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Sidus Space Receives Signals from LizzieSat™ after Successful Launch and Deployment on the SpaceX Transporter-10 Rideshare MissionCAPE CANAVERAL, Fla., Mar. 14 /BusinessWire/ -- Sidus Space, Inc. (NASDAQ:SIDU) (the "Company" or "Sidus"), a multi-faceted Space and Data-as-a-Service satellite company, today announced it received multiple signals from its LizzieSat™ satellite after launch and deployment to low Earth orbit as part of SpaceX's Transporter-10 Rideshare mission on March 4, 2024 from Space Launch Complex 4 East at Vandenberg Space Force Base in California.The Sidus mission and launch team received multiple signals on its FCC approved prime radio frequency and continues to monitor communications with the satellite from its operations center in Merritt Island, Florida. The LizzieSat™ satellite, approximately the size of a mini-refrigerator, is considered a microsatellite with a weight of 275 pounds and is able to support multiple missions and customers from its single platform. "After a successful launch and deployment, we are very excited to report that during the launch and early operations (LEOP) stage, we received signals from LizzieSat™," said Carol Craig, CEO at Sidus Space. "This milestone marks the beginning of Sidus' new era as a satellite manufacturer and operator and demonstrates our ability to deliver cutting-edge space hardware while pushing the frontiers of space technology and data collection. We have methodically executed on our strategy of building a leading Space and Defense as a Service company with an experienced team, innovative and advanced technologies, a vertically integrated manufacturing facility, and a robust spacecraft supply chain. It's exciting to show proof of this capability for government and commercial customers alike." Two more LizzieSat™ satellites are expected to launch from Cape Canaveral Space Force Station later this year and will provide tailored intelligence solutions for industries such as defense, agriculture, maritime, and oil and gas. 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. 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/20240314342799/en/
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