Sidus Space Clears Critical Design Review for Netherlands Laser Comm Satellite
Sidus Space, Inc. (SIDU)
Company Research
Source: Business Wire
Sidus completes critical milestone for multimillion-dollar satellite agreement, triggering milestone payment CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced the successful completion of the critical design review for LizzieSat™ NL, a laser communication satellite contracted by The Netherlands Organization (TNO). This milestone not only validates the technical baseline for the satellite design but also triggers a milestone payment as part of the multimillion-dollar agreement.The CDR milestone locks the space vehicle technical baseline, affirming LizzieSat™ NL’s readiness to proceed with flight-unit fabrication, assembly, system integration and testing. The completion of the major milestone moves the program closer to demonstrating TNO’s HemiCAT, a high-efficiency miniature communications laser terminal, integrated into Sidus’ hybrid 3D printed satellite platform, LizzieSat™. As
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SIDU
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 8-K
- 11/14/24 - Form 10-Q
- SIDU's page on the SEC website