Sidus Space Selected to Exclusively Build Lonestar Data Holdings Lunar Data Storage Spacecraft Fleet
12 Novembre 2024 - 2:30PM
Business Wire
Six LizzieSat™ lunar spacecraft to enable
critical data storage and disaster recovery solutions
Sidus Space (NASDAQ: SIDU), (the “Company” or “Sidus”), an
innovative space mission enabler, today announced it has been
selected to design and build the first generation of Data Storage
Spacecraft for Lonestar, a provider of premium data storage and
Resiliency As A Service (RAAS). This award selects Sidus as
Lonestar’s exclusive satellite manufacturing partner for six data
storage spacecraft that will orbit the Moon, offering advanced data
storage and disaster recovery capabilities for mission-critical
information.
Under the terms of the agreement, Sidus will manage the design,
payload integration, planning, and on-orbit support for each of the
six satellites. The spacecraft will be specifically designed to
meet Lonestar's high standards for secure, redundant data storage
solutions, positioning Lonestar as a leading provider of deep space
data storage services for high-stakes applications.
“This award by Lonestar demonstrates Sidus’ ability to scale our
LizzieSat™ platform to meet the constellation manufacturing and
operational needs of diverse customers,” said Carol Craig, CEO of
Sidus Space. “Our flexible and adaptable approach to satellite
design allows us to support unique and mission-critical
requirements, making Sidus an ideal partner for organizations
seeking resilient, cost-effective solutions for their space-based
data and infrastructure needs."
Lonestar provides cutting-edge data storage and Resiliency As A
Service (RAAS) solutions, ensuring that clients with
mission-critical data needs are equipped with robust, reliable
storage capabilities. The six lunar LizzieSat™ spacecraft will
serve to safeguard essential data while providing a scalable
platform for future space-based data storage needs.
“This agreement represents a significant step forward in our
vision for premium data storage and Resiliency As A Service from
space,” said Chris Stott, Lonestar Founder and CEO. “Sidus’ unique
AI capability along with its vertical integration expertise in
mission-critical satellite operations makes them an ideal partner
to deliver on our commitment to secure, resilient storage solutions
beyond Earth and especially as we build out our growing footprint
here in Florida.”
The lunar LizzieSat™ mission aligns with Sidus’ goal of
reimagining space access through flexible and innovative solutions
and reinforces its position as a space mission enabler.
Click here for a video about Lonestar’s Lunar data
solution that Sidus will support.
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: https://www.sidusspace.com
About Lonestar:
Lonestar Data Holdings is a pioneering data center
infrastructure company that offers a groundbreaking approach to
data storage and data security. Lonestar provides resilient data
storage solutions, that are compliant with data-sovereignty
requirements globally, and are designed to protect critical
information from cyberattack, natural disasters, and nation-state
threats. After making history with the world’s first
software-defined data operations on the Moon in 2024, the company
continues to lead advancements in edge processing and data storage
in lunar orbit, while maintaining a strong commitment to
sustainability with solar-powered and carbon-neutral
operations.
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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version on businesswire.com: https://www.businesswire.com/news/home/20241112356353/en/
Sidus Investor Relations
investorrelations@sidusspace.com
Sidus Media Inquiries press@sidusspace.com
Lonestar Data Holding Media Stephen Eisele
Media@lonestarlunar.com www.lonestarlunar.com
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