Sidus Space Announces Iridium-Powered Communication Upgrade for LizzieSat™ Platform
31 Outubro 2024 - 9:30AM
Business Wire
Advanced solution expands Sidus Space’s
reach into near real-time data markets with innovative, low-latency
communications capabilities
Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an
innovative, agile space mission enabler, announced a strategic
communication upgrade for its LizzieSat™ platform, integrating
Iridium-enabled technology into future satellites to deliver
low-latency data capabilities from space. This upgrade leverages
the Iridium satellite constellation to provide real-time,
direct-to-satellite phone messaging for a range of time-sensitive
applications, including environmental monitoring, disaster response
and maritime security.
Powered by Sidus’ proprietary AI-driven FeatherEdge™ processor,
the Iridium-enabled communication system positions Sidus as the
only provider of small-form, rapid data transmission services in
the commercial space market. By minimizing reliance on traditional
communication infrastructure, this solution provides uninterrupted
data flow, even during network outages. The advanced system also
offers geofencing capabilities for data targeting to specific
regions, while also enabling personnel on the ground to query
LizzieSat™ directly for real-time updates and customized
information using its sensor suite.
“This breakthrough solution is designed to meet the urgent needs
of customers who depend on time-sensitive information for
decision-making,” said Carol Craig, CEO of Sidus Space. “This
upgrade demonstrates our commitment to rapid innovation, flexible,
cost-effective solutions and enhanced situational awareness across
critical sectors.”
Sidus is partnered with Global Satellite Engineering to provide
design and support services for the Iridium integration. “We are
excited to continue innovation in satellite IoT technology by
partnering with Sidus as they expand their capabilities and reach
into new markets,” said Jeffrey Palmer, Director at Global
Satellite Engineering.
This communication upgrade underscores Sidus Space’s mission of
Space Access Reimagined™ and supports its expansion into data
markets previously limited by traditional infrastructure, providing
customers with enhanced situational awareness and data-as-a-service
solutions tailored for critical, real-time applications.
About Sidus Space
Sidus Space (NASDAQ: SIDU) is a space mission enabler providing
flexible, cost-effective solutions including custom satellite
design, payload hosting, mission management, space manufacturing
and AI enhanced space-based sensor data-as-a-service. 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: https://www.sidusspace.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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241031452947/en/
Investor Relations investorrelations@sidusspace.com
Media Inquiries press@sidusspace.com
Sidus Space (NASDAQ:SIDU)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024
Sidus Space (NASDAQ:SIDU)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024