Sidus Space Signs
MOU with Capital C to Provide Maritime Satellite
Design and Surveillance
November 22, 2022
Sidus Space, Inc. has signed a
Memorandum of Understanding (“MOU”) with Capital C.
As part of the agreement, Sidus
will assist in developing, delivering, and
maintaining surveillance and tracking systems with
software that utilizes satellite imagery, sensor
data, and data delivery. Sidus will provide
continued access to LEO satellite communications
systems as well as the design and manufacture of
specialized marine parts as a preferred vendor to
Capital C.
This partnership blends Sidus’
rich manufacturing heritage with areas of strategic
growth including satellite technology and data
subscriptions as it prepares to launch its
proprietary, partially 3-D printed, LizzieSat™
satellites in 2023. The use of 3-D printing, as
opposed to traditional manufacturing, is a
sustainable method that reduces waste, resources,
cost and time. Capital C is a design and technology
company specializing in designing yachts that are at
the forefront of sustainability and are Carbon
Positive, incorporating advanced technology,
robotics, safety systems and autonomous systems
within its designs, which are also focused on
environmentally friendly and greatly reduced
emissions capabilities.
“We are excited to establish
this relationship with Capital C, a leader in
sustainability, capitalizing on both our maritime
experience and our growing satellite vertical,” said
Carol Craig, Sidus Space Founder and CEO. “Being
part of creating a sustainable space economy is
important to us and we are particularly excited by
this partnership.”
“We are delighted to announce
our partnership with Sidus for providing us with
sustainable satellite communication solutions.
Sidus’ expertise in satellite communications and
space-rated engineering and manufacturing will be a
key component of our sustainable approach to design
and build of our Sustainable Notation Yachts. As
part of the development of Project Terra, it is our
commitment to providing better communication and
data solutions within SIDS and the emerging market.
This collaboration with Sidus is an essential part
to achieve this,” said Cindy Devina, Founder and
Managing Director of Capital C.
LEO satellites are capable of
enhancing Global maritime security related to
hazards in the marine environment and piracy
activities which jeopardize safety and efficiency.
Sidus plans to support
surveillance with our LizzieSat constellation which
will monitor a variety of possible factors including
piracy, changes in ocean currents, debris, and oil
spillage. We plan to do this with a combination of
imagery, RF sensors, and compute at the edge
technologies coupled with shipboard technologies to
provide comprehensive enhanced situational awareness
for Capital C products and services.
According to Euroconsult, the
SmallSat (spacecraft with a mass of less than 500
kg) manufacturing market is expected to grow 258% to
$55.6 billion in the next decade. The total space
economy is forecasted to surpass $1 trillion by
2040, up from $370 billion in 2020.
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