Sidus Space selected by Airbus OneWeb Satellites to Manufacture Satellite Hardware

Download as PDF

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)-- Sidus Space, Inc. (NASDAQ:SIDU), a leading provider of machined parts to the global space industry, today announced it has been selected by Airbus OneWeb Satellites, LLC (AOS) to design and build machined parts. The machined parts will be integrated into the portfolio of Arrow commercial small satellites manufactured by AOS.

Airbus OneWeb Satellites LLC is a joint venture between Airbus and OneWeb. AOS manufactures satellites for the OneWeb commercial constellation and Airbus customers in Merritt Island, Florida. AOS is producing satellites for Airbus U.S. Space & Defense, Inc., in support of U.S. government programs.

"We are excited to support Airbus OneWeb Satellites," said Carol Craig, Sidus Space Founder and CEO. "Sidus has over 10 years of industry-leading and high-quality commercial, military, and government manufacturing experience."

Sidus Space has been manufacturing satellite hardware for over a decade and has supported major U.S. government and Commercial Space programs including Artemis, xEVAS, Starliner, Dream Chaser, and the International Space Station.

About Sidus Space

Sidus Space (NASDAQ: SIDU), located in Cape Canaveral, Florida, operates from a 35,000-square-foot manufacturing, assembly, integration, and testing facility focused on commercial satellite design, manufacture, launch, and data collection. The company’s rich heritage includes the design and manufacture of many flight and ground component parts and systems for various space-related customers and programs. Sidus Space has a broad range of Space-As-a-Service offerings including space-rated hardware manufacturing, design engineering, satellite manufacturing and platform development, launch and support services, data analytics services and satellite constellation management.

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. Any corporation, industry, or vertical can start their journey off-planet with Sidus Space’s rapidly scalable, low-cost satellite services, space-based solutions, and testing alternatives. More than just a “Satellite-as-a-Service” provider, Sidus Space is a trusted Mission Partner–from concept to Low Earth Orbit and beyond. Sidus 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.

Investor Relations
Dave Gentry
RedChip Companies Inc.
SIDU@redchip.com
1-800-RED-CHIP (733-2447)
Or 407-491-4498

Heather Crowell
Executive Vice President
Gregory FCA
heather@gregoryfca.com
321-450-5633 x407

Media Contact
Katie Kennedy
Senior Vice President
Gregory FCA
katiek@gregoryfca.com
1-610-731-1045

Source: Sidus Space, Inc.

Released May 11, 2023