Sidus Space Partners With Exo-Space For Data Processing Platform

Sidus Space, Inc. SIDU has signed a memorandum of understanding with Exo-Space to further commercialize its satellite edge computing technology.
Under this partnership, Sidus Space will integrate Exo-Space's FeatherEdge Data Processing Platform into its hybrid 3D printed satellite, LizzieSat.
The collaborative technology implementation will provide near-real-time intelligence derived from Earth Observation data while onboard the satellite, helping commercial and government customers to take more effective action in time-sensitive operations.
"We are excited to partner with Exo-Space to provide proof-of-concept for its critically important technology and a long-term path for providing real-time solutions," said Carol Craig, Sidus CEO/Founder.
Price Action: SIDU shares are trading lower by 1.71% at $2.69 on the last check Tuesday.