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Sidus Space issued non-qualified stock option awards to purchase an aggregate of 3,955,212 shares of its Class A common stock to certain former employees of Exo-Space.
The combination of Sidus Space’s satellite constellation, edge computing, and AI platform is expected to deliver enhancements in leveraging space-based data.
Sidus Space plans to integrate Exo-Space EdgeAI technology with Sidus sensors to expand its Earth-observation and space-observation business.
Sidus Space is an outgrowth of Florida-based Craig Technologies and was founded in 2011 to provide space-related products and services.
Sidus Space awarded a contract to Exo-Space in 2022 to integrate Exo-Space’s artificial intelligence software technology on LizzieSat.
Sidus Space acquired Exo-Space to expand its talent, technology, and total addressable market.
Sidus Space acquired Exo-Space on 2023-08-22.
In February, Sidus Space raised $5,200,000 from stock sales to support LizzieSat.
Sidus Space, Inc. (NASDAQ: SIDU) was awarded a subcontract to produce hardware in support of Parsons Corporation’s Launch Manifest Systems Integration (LMSI) contract.
Sidus Space offers more than a decade of expertise in manufacturing mission-critical hardware for customers including international and U.S. governments, NASA, and major space and defense prime contractors such as Parsons Corporation.
Sidus Space plans to build a constellation of up to 100 LizzieSats on-orbit.
Sidus Space is collaborating with Lulav Space to address knowledge gaps in developing EBST technology.
Sidus Space partnered with Lulav Space to research, develop, and demonstrate Event-based Star Trackers (EBST).
Sidus Space plans to include the Lulav/Sidus EBST on its fourth planned LizzieSat mission.
The 360-degree ultra high-definition video system developed by Sidus Space and Maris-Tech is intended to meet the requirements for Low Earth Orbit satellite enhanced operations and provide a cost-effective approach to complex orbital environments.
The Event Based Star Tracker developed by Sidus Space and Lulav Space is intended to improve operations of orbiting spacecraft and rocket launch systems compared to current state-of-the-art star trackers.
Sidus Space and Lulav Space will develop and demonstrate an Event Based Star Tracker for application to Low Earth Orbit vehicles and will perform engineering testing on orbit.
Sidus Space and Maris-Tech will develop and test on orbit a 360-degree ultra high-definition video recording and downloading system for conjunction avoidance, rendezvous and proximity operations, and safe deorbiting of satellites.
Sidus Space and Lulav Space will develop and demonstrate an Event‑Based Star Tracker for application to LEO vehicles and will engineer and test the device on orbit.
Event‑Based Star Trackers developed by Sidus Space and Lulav Space are expected to provide benefits to space‑based platforms supporting a range of earth‑based scientific and economic uses.