Sidus Space, Inc. (NASDAQ: SIDU) is now experiencing a notable increase in market value, as seen by the recent market check that shows an amazing 52.24% rise to $8.48. Sidus Space’s stock price saw a noteworthy increase subsequent to the announcement of a planned launch and a substantial contract.
In anticipation of launch, Sidus Space (SIDU) has reported that the LizzieSat satellite is currently safely housed inside SpaceX’s payload fairing. LizzieSat is scheduled to launch from Space Launch Complex 4 East at Vandenberg Space Force Base in California no early than March 2024 as part of SpaceX’s Transporter-10 Rideshare mission.
Their enthusiasm, dedication, and ceaseless efforts made it all possible as SIDU gets ready to launch on its multi-mission LizzieSat Space Platform with a Purpose mission of Bringing Space Down to Earth. LizzieSat’s main objective is to gather data simultaneously from several sensors in order to help different industries, such as oil and gas, marine, and agricultural.
Multispectral, optical, and automated identification system (AIS) technologies are used in these sensors and receivers. The satellite also has Sidus’ onboard FeatherEdge AI (Artificial Intelligence) system, which processes imaging and sensor data in almost real-time and provides clients with innovative solutions.
LizzieSat will assist Mission Helios’ optical NFT collection and NASA’s Autonomous Satellite Technology for Resilient Application in addition to other client missions. Furthermore, SIDU accomplished its contract to supply crucial flight gear to a well-known European space business last week.
The FeatherEdge edge computing devices, which will function as the customer’s spacecraft’s on-board computer, are among the delivered components. Sidus Space’s FeatherEdge flying units are essential for enabling communication between the satellite bus’s peripheral components.
They also function as a strong data processing platform linked to a satellite-based Earth observation sensor. The spacecraft will be able to analyze and send data effectively while in orbit thanks to its state-of-the-art technology. SIDU has shipped its European partner the FeatherEdge flying hardware.
This indicates the company’s dedication to offering premium solutions to meet the changing demands of the space sector. SIdus Space pledged to go on working together with global partners to develop satellite technology and space exploration.
