HEO and Sidus Space Announce Second Contract for Non-Earth Imaging Payload and Data Services

Colorado Springs, Colorado, April 10, 2024 – More non-Earth imaging (NEI) cameras are heading to space.

HEO, a leading provider of non-Earth imaging and data, announced that it has finalized a deal with Sidus Space (NASDAQ: SIDU), a multi-faceted Space and Data-as-a-Service satellite company.

Under the agreement, Sidus Space will host HEO’s NEI imager, HOLMES-006, onboard LizzieSat-3, as part of the Bandwagon-2 launch scheduled for November 2024, along with a monthly data services contract. This marks the second agreement between HEO and Sidus Space, as Sidus Space’s LizzieSat-2 will be hosting HEO’s HOLMES-004 on the same launch.

“We are honored to have earned HEO’s trust and confidence in our ability to provide the platform for their NEI and data collection,” said Carol Craig, CEO of Sidus. “Our companies work well together, and we look forward to a strong partnership to further enhance and expand the space ecosystem by offering a variety of valuable imagery and data.”

LizzieSat-3 will provide hosting services such as power, communications, attitude control, and others to HOLMES-006. Simultaneously, the partnership will connect LizzieSat-3 with HEO’s automated smart tasking systems. This will fully enable in-orbit services such as satellite identification and monitoring, space debris characterisation, and enhanced space domain awareness (SDA), all of which help satellite operators and decision makers work more efficiently while adding a new data source.

“We are accelerating our work to proliferate NEI sensors in orbit and we love partnering with companies that are at the cutting edge of spacecraft deployment,” said Dr Will Crowe, CEO and Co-Founder of HEO. “We’ve loved working with Sidus so far and are excited about their future plans.”

HEO has successfully sent two Holmes Imagers to space, both of which are currently undergoing commission. Meanwhile, LizzieSat-1, Sidus Space’s first satellite, has already had a successful launch and deployment in March 2024 and is currently working through the launch and early operations stage.

The expanding partnership between HEO and Sidus Space lays the groundwork for a long-term destination with more NEI sensors in space and a burgeoning economy in low-Earth orbit.

The launch brings HEO’s first sensors to mid-inclination low-Earth orbit, increasing orbit diversity to provide higher quality images and data on a range of new and previously covered space objects. This new orbit will be reachable thanks to Bandwagon-2’s mission.

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.


About HEO

HEO delivers on-demand non-Earth imagery and information on spacecraft of interest, so that space players can confidently act in space and on Earth. With our innovative software platform, HEO Inspect, we rapidly identify spacecraft and assess their status, operation, and anomalous behavior. HEO partners with Earth observation satellite constellations and launches own non-Earth imagery (NEI) sensors as hosted payloads with the goal to achieve proliferation of NEI sensors on all orbits in the Earth-Moon system. HEO is headquartered in Australia with offices in the UK and USA.


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.