Sidus Space awarded two Florida-Israel Innovation Partnership Contracts

Sidus Space awarded two Florida-Israel Innovation Partnership Contracts
by Staff Writers
Cape Canaveral FL (SPX) Jun 23, 2023

Sidus Space (NASDAQ: SIDU) 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 and CEO of Sidus Space, commented, "We 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' 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."

The Florida-Israel Innovation Partnership is an innovative bi-lateral partnership between Space Florida and the Israel Innovation Authority to support joint aerospace research and development projects. Florida and Israeli companies are invited to form teams and submit joint applications for this program.

Sidus 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 ('LEO') 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.

Sidus 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.