{"id":765420,"date":"2023-06-22T08:34:12","date_gmt":"2023-06-22T12:34:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-awarded-two-florida-israel-innovation-partnership-contracts-for-projects-with-maris-tech-and-lulav-space\/"},"modified":"2023-06-22T08:34:12","modified_gmt":"2023-06-22T12:34:12","slug":"sidus-space-awarded-two-florida-israel-innovation-partnership-contracts-for-projects-with-maris-tech-and-lulav-space","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-awarded-two-florida-israel-innovation-partnership-contracts-for-projects-with-maris-tech-and-lulav-space\/","title":{"rendered":"Sidus Space Awarded Two Florida-Israel Innovation Partnership Contracts for Projects with Maris-Tech and Lulav Space"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sidus Space Awarded Two Florida-Israel Innovation Partnership Contracts for Projects with Maris-Tech and Lulav Space<\/b><\/p>\n<p>CAPE CANAVERAL, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSidus Space (NASDAQ: SIDU) (the \u201cCompany\u201d or \u201cSidus\u201d), a multi-faceted Space and Defense-as-a-Service satellite company, today announced it has been awarded contracts for two projects with Israeli partners Maris-Tech and Lulav Space by Space Florida under the Florida-Israel Innovation Partnership. This is the first time Sidus has received two awards from the same round of projects from the Florida-Israel Innovation Partnership.\n<\/p>\n<p>\nCarol Craig, Founder &amp; CEO of Sidus Space, commented, \u201cWe are extremely proud to have received awards with Maris-Tech and Lulav Space, two innovative Israeli companies that we value as our project partners. This is the first time Sidus has received two project contracts in the same round from Space Florida. Our work with two separate Israeli companies demonstrates the diversity of Sidus\u2019 capabilities and capacity for technological advancement. We are committed to being a trusted mission partner and we look forward to collaborating with Maris-Tech and Lulav Space on these pioneering projects.\u201d\n<\/p>\n<p>\nThe Florida-Israel Innovation Partnership is an innovative bi-lateral partnership between Space Florida and the Israel Innovation Authority to support joint aerospace research &amp; development projects. Florida and Israeli companies are invited to form teams and submit joint applications for this program.\n<\/p>\n<p>\nSidus Space and Maris-Tech will develop and test on orbit a 360 degree ultra high-definition HD video recording and downloading system for the purposes of conjunction avoidance, rendezvous and proximity operations, and safe deorbiting of satellites that meet the requirements for Low Earth Orbit (\u2018LEO\u2019) satellite enhanced operations, providing a cost-effective approach to complex orbital environments. Upon successful technology demonstration, the Sidus and Maris teams will be able to commercialize the product through existing customer relationships and an increased demand for these satellite capabilities over the next ten years.\n<\/p>\n<p>\nSidus Space and Lulav Space will develop and demonstrate an Event Based Star Tracker for application to LEO vehicles, engineering and testing on orbit an event-based star tracker that meets the requirements for improved operations of orbiting spacecraft and rocket launch systems compared to current state-of-the-art star trackers widely in use. The results of the effort will demonstrate the benefits of Event-based Star Trackers EBS to provide greater accuracy than existing star trackers as applied to satellites and rockets with high angular (spin) rate and will provide benefit to space-based platforms supporting an array of earth based scientific and economic uses.\n<\/p>\n<p><b>About Maris-Tech<\/b><\/p>\n<p>\nMaris-Tech is a B2B provider of video streaming and AI technology, founded by veterans of the \u200eIsrael technology sector with extensive electrical engineering and imaging experience. Our \u200eproducts are designed to meet the growing demands of commercial and tactical applications, \u200edelivering high-performance, compact, low power and low latency solutions to companies \u200eworldwide, including leading electro-optical payload, RF datalink and unmanned platform \u200emanufacturers as well as defense, HLS, and communication companies.\n<\/p>\n<p><b>About Lulav Space<\/b><\/p>\n<p>\nLulav Space provides a complete guidance, navigation &amp; control (GN&amp;C) software suite for a variety of space missions such as lunar landing, satellite on-orbit servicing and active debris removal, with a fraction of the power, mass and cost than existing RADAR or LIDAR based systems. Lulav sensors are customizable with mission-specific algorithms and easily integrate with a wide range of spacecraft. The GN&amp;C suite can support missions from LEO to lunar orbit and lunar soft touchdown. Lulav Space is a startup company that was founded by experts in GN&amp;C, computer vision, and simulation. The company\u2019s engineers took part in the Beresheet 1 mission, the first private Lunar lander mission, launched in 2019.\n<\/p>\n<p>\nLulav is the subcontractor for GN&amp;C software suite of the Beresheet-2 lunar landers.\n<\/p>\n<p><b>About Sidus Space<\/b><\/p>\n<p>\nSidus Space (NASDAQ: SIDU) is a Space and Defense-as-a-Service satellite company focused on mission-critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support. The Company is located in Cape Canaveral, Florida, where it operates from a 35,000-square-foot manufacturing, assembly, integration, and testing facility focused on vertically integrated Space-as-a-Service solutions including end-to-end satellite support.\n<\/p>\n<p>\nSidus Space has a mission of Bringing Space Down to Earth\u2122 and a vision of enabling space flight heritage status for new technologies while delivering data and predictive analytics to domestic and global customers. Any corporation, industry, or vertical can start their journey off-planet with Sidus Space\u2019s rapidly scalable, low-cost satellite services, space-based solutions, and testing alternatives. More than just a \u201cSatellite-as-a-Service\u201d provider, Sidus Space is a trusted Mission Partner\u2013from concept to Low Earth Orbit and beyond. Sidus Space is ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nStatements 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 \u2018forward-looking statements\u2019 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 \u2018anticipate,\u2019 \u2018believe,\u2019 \u2018continue,\u2019 \u2018could,\u2019 \u2018estimate,\u2019 \u2018expect,\u2019 \u2018intend,\u2019 \u2018may,\u2019 \u2018plan,\u2019 \u2018potential,\u2019 \u2018predict,\u2019 \u2018project,\u2019 \u2018should,\u2019 \u2018target,\u2019 \u2018will,\u2019 \u2018would\u2019 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 \u2018Risk Factors\u2019 in Sidus Space\u2019s Annual Report on Form 10-K for the year ended December 31, 2022, 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.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230622101243r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230622101243\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230622101243\/en\/<\/a><\/span><\/p>\n<p><strong>Investor Relations<br \/>\n<br \/><\/strong>Valter Pinto, Managing Director<br \/>\n<br \/>KCSA Strategic Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:sidus@kcsa.com\">sidus@kcsa.com<br \/>\n<\/a><br \/>(212) 896-1254\n<\/p>\n<p><b>Media<br \/>\n<br \/><\/b>Katie Kennedy<br \/>\n<br \/>Senior Vice President<br \/>\n<br \/>Gregory FCA<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:katiek@gregoryfca.com\">katiek@gregoryfca.com<br \/>\n<\/a><br \/>1-610-731-1045\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Satellite Defense Other Defense Other Manufacturing Technology Aerospace Manufacturing Security<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Sidus Space Awarded Two Florida-Israel Innovation Partnership Contracts for Projects with Maris-Tech and Lulav Space CAPE CANAVERAL, Fla.&#8211;(BUSINESS WIRE)&#8211; Sidus Space (NASDAQ: SIDU) (the \u201cCompany\u201d or \u201cSidus\u201d), a multi-faceted Space and Defense-as-a-Service satellite company, today announced it has been awarded contracts for two projects with Israeli partners Maris-Tech and Lulav Space by Space Florida under the Florida-Israel Innovation Partnership. This is the first time Sidus has received two awards from the same round of projects from the Florida-Israel Innovation Partnership. Carol Craig, Founder &amp; CEO of Sidus Space, commented, \u201cWe are extremely proud to have received awards with Maris-Tech and Lulav Space, two innovative Israeli companies that we value as our project partners. This is the first time Sidus has &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-awarded-two-florida-israel-innovation-partnership-contracts-for-projects-with-maris-tech-and-lulav-space\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sidus Space Awarded Two Florida-Israel Innovation Partnership Contracts for Projects with Maris-Tech and Lulav Space&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765420","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sidus Space Awarded Two Florida-Israel Innovation Partnership Contracts for Projects with Maris-Tech and Lulav Space - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-awarded-two-florida-israel-innovation-partnership-contracts-for-projects-with-maris-tech-and-lulav-space\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sidus Space Awarded Two Florida-Israel Innovation Partnership Contracts for Projects with Maris-Tech and Lulav Space - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sidus Space Awarded Two Florida-Israel Innovation Partnership Contracts for Projects with Maris-Tech and Lulav Space CAPE CANAVERAL, Fla.&#8211;(BUSINESS WIRE)&#8211; Sidus Space (NASDAQ: SIDU) (the \u201cCompany\u201d or \u201cSidus\u201d), a multi-faceted Space and Defense-as-a-Service satellite company, today announced it has been awarded contracts for two projects with Israeli partners Maris-Tech and Lulav Space by Space Florida under the Florida-Israel Innovation Partnership. This is the first time Sidus has received two awards from the same round of projects from the Florida-Israel Innovation Partnership. Carol Craig, Founder &amp; CEO of Sidus Space, commented, \u201cWe are extremely proud to have received awards with Maris-Tech and Lulav Space, two innovative Israeli companies that we value as our project partners. 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This is the first time Sidus has received two awards from the same round of projects from the Florida-Israel Innovation Partnership. Carol Craig, Founder &amp; CEO of Sidus Space, commented, \u201cWe are extremely proud to have received awards with Maris-Tech and Lulav Space, two innovative Israeli companies that we value as our project partners. 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