Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 321

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 321
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, low-cost, standardized
design and offering ‘Space Access Reimagined’ for consumers will provide a scalable model for growth. In just over twelve
months, we successfully launched and began operations with three LizzieSat® multi-mission satellites for a multi-mission constellation.
Designed to be modular, flexible, and cost-effective, our proven LizzieSat® platform enables rapid mission configuration and scalability
across a wide range of satellite sizes, efficiently addressing unique mission requirements. Built with several proprietary Sidus designs
for reusable core components, our smart vertical integration provides greater control over the supply chain, ensuring seamless integration
of all components—whether developed in-house or sourced externally. This integrated approach offers a distinct advantage over competitors
who rely on purchasing and integrating hardware, software, and subsystems from multiple vendors.

Our existing, proven manufacturing
facility and infrastructure provides scalable and streamlined manufacturing with flexible and efficient cycles tailored to both internal
and external end-users. We ensure controlled product quality and service through the use of space-qualified Commercial Off-the-Shelf
(COTS) components, along with our AS9100 certified capability to manufacture our own space supply chain products. Our modular design
supports flexible technology integration, enabling rapid incorporation of variable sensors and mission-specific technologies. By spreading
fixed costs across multiple customers and capabilities, we offer a more cost-effective solution. As a full-stack space services provider,
our offerings are anchored by a state-of-the-art Mission Control Center (MCC), ensuring end-to-end mission support.

In Q2 2024, we announced
the successful on-orbit activation of the FeatherEdge™ processer which enables us to deliver near real-time intelligence derived
from earth observation data. Further expanding the capabilities of our constellation, we implemented the SatLab A/S second-generation
automated identification system (AIS) technology into the LizzieSat® satellite constellation. AIS technology uses sophisticated systems
on board marine vessels to identify and track ships to prevent collisions and protect life at sea. The integration of this technology,
combined with data from optical sensors on board LizzieSat®, enables unique vessel tracking and monitoring solutions while providing
valuable information about ship movements in real time. In addition to AIS technology, we have integrated visual spectrum and multispectral
imagers into our sensor suite and expect to expand the sensors to include software defined multispectral or hyperspectral sensors for
future satellite missions.

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We have previously been
approved for our X-band and S-band radio frequencies licensing through a published filing by the