Sidus Space, Inc. (NASDAQ:SIDU), a Space-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, is pleased to announce its growing relationship with Teledyne Marine, a part of Teledyne Technologies, Inc. (NYSE:TDY), following a noteworthy Q2 2022. The three-month period marks the strongest revenue quarter between the parties since their partnership began four years ago.

Sidus Space signed its first two-year master supply agreement (MSA) with Teledyne Marine in July 2019, followed by a two-year product pricing agreement (PPA) in September 2021.

"We've been fortunate to build components for Teledyne Marine since 2019, and we're excited to see our relationship grow and prosper," said Sidus Space CEO and Founder, Carol Craig. "Teledyne Marine's increased trust in Sidus is a testament to the quality of products we develop and the value we provide to our partners. We look forward to working together in the years to come."

As part of the increasing scope of work and revenue with Teledyne Marine, Sidus Space will now manufacture components for Teledyne Marine's Massachusetts facility and will continue supplying components to Teledyne Marine's facilities in Texas and Florida.

Sidus Space has been on an upward trajectory over the past few months, taking significant strides to plant its flag among the international space community elite. In December 2021, Sidus listed its Class A common stock on the NASDAQ Capital Market via an IPO, making Craig the first female owner-founder of a publicly traded space company serving government and commercial space industries.

Related Links
Sidus Space
Microsat News and Nanosat News at SpaceMart.com

Tweet

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

AI CubeSat headed to Van Allen Belts on Vega-C
Paris (ESA) Jul 14, 2022
An ESA-financed nanosatellite, due to lift off aboard the inaugural flight of Vega-C Wednesday, will operate an AI system in the harsh, radiation-wracked environment of the Van Allen Belts. The shoebox-sized Trisat-R - one of six 'CubeSats' on the flight, headed up to a rarely-trafficked, close to 6000 km altitude orbit - is also carrying radiation-detection payloads from CERN, the European Council for Nuclear Research, Slovenian firm SkyLabs and ESA itself. A CubeSat made from three standardised ... read more