Sidus Space Awarded Bechtel Cable Assembly Contract for Mobile Launcher 2

Sidus Space awarded Bechtel's cable assembly contract for Mobile Launcher 2

Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on manufacturing mission-critical hardware combined with the design, manufacture, launch and data collection of commercial satellites, was selected today by Bechtel Corporation to manufacture cables for the project NASA Mobile Launcher 2.

Sidus was previously awarded a contract to manufacture custom cables and populate unique electronics cabinets that support the launch control subsystem and special ground power subsystems.

Mobile Launcher 2 (ML2) is the ground platform structure that will launch the Space Launch System (SLS) Block 1B and Block 2 configurations to the Moon, enabling the agency to send astronauts and heavy cargo to the lunar surface as part of the Artemis program from NASA. ML2 is the main interface between the ground launch control system and the SLS rocket and the flight hardware of the Orion spacecraft.

“Our extensive experience in space and defense hardware manufacturing is an important component of our end-to-end space-as-a-service offering, which has proven to be a stable and growing revenue stream for us as we develop and commercialize new offerings .” said Carol Craig, founder and CEO of Sidus Space. “Bechtel’s continued work on this important project helps demonstrate the consistent quality of our production.”

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About Sidus Space

Sidus Space (NASDAQ: SIDU), located in Cape Canaveral, Florida, operates from a 35,000-square-foot manufacturing, assembly, integration and test facility focused on the design, manufacture, launch and data collection of commercial satellites. 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 wide range of space-as-a-service offerings, including space-class hardware manufacturing, design engineering, satellite manufacturing and platform development, launch and support services, data analytics services, and satellite constellation management .

Sidus Space has the mission of Bringing Space Down to Earth™ and the vision of enabling the legacy status of spaceflight for new technologies while providing data and predictive analytics to domestic and global customers. Any corporation, industry, or vertical can begin their off-planet journey with Sidus Space’s scalable, low-cost satellite services, space-based solutions, and test 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 certified ISO 9001:2015, AS9100 Rev. D and registered in ITAR.

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Forward-looking statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements about matters other than 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 regarding the expected trading start 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 a number of important factors, including: 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, 2021 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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