CORRECTING and REPLACING Sidus Space Receives FCC Approval for Space-to-Space Data Relay Capability for LizzieSat ™
29 Janeiro 2025 - 4:53PM
Business Wire
Please replace the release dated January 28, 2025, with the
following corrected version due to multiple revisions.
The updated release reads:
SIDUS SPACE RECEIVES FCC APPROVAL FOR SPACE-TO-SPACE DATA
RELAY CAPABILITY FOR LIZZIESAT ™
Sidus Space (NASDAQ: SIDU), an innovative and agile space
mission enabler, today announced the Federal Communications
Commission (FCC) approval of space-to-space data relay module for
the Sidus Space LizzieSat™ constellation. Obtaining this FCC
license marks a significant milestone in the company’s mission to
enhance global connectivity and space data transfer and expands the
operational capabilities of its LizzieSat™ fleet. By incorporating
this advanced technology, Sidus Space is staged to provide robust,
high-quality, rapid-delivery data services across remote locations,
improving data transmission for commercial, government and defense
applications worldwide.
“This FCC authority to deploy our satellite with space-to-space
data relay solution ensures compliance with U.S. regulatory
requirements and strengthens Sidus Space’s AI-driven capabilities,
enabling LizzieSat™ to deliver enhanced data and analytics quickly
for mission-critical services,” said Carol Craig, CEO of Sidus
Space. “Sidus continues to expand our constellation with a focus on
innovation and reliability, and this capability will further
empower our customers with access to seamless, global intelligence
in our increasingly interconnected world.”
Jim Larson, Senior Vice President, AI Advancement Strategies of
Sidus Space, added, “We believe LizzieSat™ is the only known
commercial small satellite platform to harness the powerful
combination of rapid direct-to-user data transfer capability and
on-orbit Artificial Intelligence. This upgrade to LizzieSat™-3 will
ultimately allow Sidus to provide data vital to organizations
utilizing direct-to-device hardware including first responders like
CalFire, aerospace and aviation companies and other organizations
with access to satellite receivers. Sidus is excited to be at the
forefront of the expansion of AI capabilities in the marketplace
and this incredible technology movement.”
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:
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.
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Sidus Investor Relations
investorrelations@sidusspace.com
Sidus Media Inquiries press@sidusspace.com
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