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StockNews.com
Business
Dipanjan Banchur

Is Sidu Space Stock a Buy After Announcing a Partnership with Aitech Systems?

Sidus Space, Inc. (SIDU) in Merritt Island, Fla., is a space-as-a-service company that designs, manufactures, launches, and collects data for commercial satellites worldwide. Its services include satellite engineering and integration; precision manufacturing, assembly, and test; low earth orbit constellation; payloads integrations for test and operational missions; launch and support services; space-based data services and analytics, and more.

On March 4, 2022, SIDU announced a strategic partnership with Aitech, a leading board and system-level solutions provider for military, aerospace and space applications, to develop and deliver custom Command and Data Handling (C&DH) flight computers and peripherals for LizzieSat microsatellites. Aitech will develop and provide custom LizzieSat Command and Data Handling (C&DH) flight computers and peripherals through the partnership. SIDU’s Chief Technology Officer Jamie Adams said, “We have recently received initial components of our core C&DH system development environment from Aitech Systems to support LizzieSat. The C&DH flight computers are a vital component of LizzieSat as they essentially function as the ‘brain’ of the system.” This partnership is expected to aid SIDU’s revenue growth.

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