United Netherlands (organization)

Sidus Space, Inc. Reports Q1 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023
Telecommunications, Satellite, Data Management, Engineering, Technology, Aerospace, Manufacturing, Mobile, Wireless, Exercise, Common stock, ASTRA, IR, Employment, United Netherlands (organization), MEO, Defense, Calendar, Institute for Space and Defense Electronics, TNO, Data collection, L3Harris Technologies, AIS, Government, KSAT, Sidus, GN&C, GEO, MOU, LEO, MCC, Artificial intelligence, GN, Freedom Lite SS-11 Skywatch, SpaceX, Robotics, Communications satellite, Video game, Mars, Moon

(NASDAQ:SIDU), a Space and Defense-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, today announced financial results for the first quarter ending March 31, 2023 and provided a business update.

Key Points: 
  • (NASDAQ:SIDU), a Space and Defense-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, today announced financial results for the first quarter ending March 31, 2023 and provided a business update.
  • Sidus will webcast a conference call to discuss the results on May 15, 2023 at 9:00 am Eastern Time.
  • “We are excited about the future of our company,” said Teresa Burchfield, Chief Financial Officer of Sidus Space.
  • Financial Highlights for the quarter Ending March 31, 2023
    Revenue increased to $2,263,627 for the quarter ended March 31, 2023, compared to $1,799,335 for the same period in 2022.

A green hydrogen future is accelerating in the Netherlands

Retrieved on: 
Monday, May 8, 2023
Hydrogen, Shell, Innovation Quarter, United Netherlands (organization), Electrolysis, NOM, TNO, Port, Research, Multimedia, Government, Wind, RWE, Air Products, NFIA, Environment, Video game, Natural gas, The Hague

WASHINGTON, May 8, 2023 /PRNewswire/ -- The Netherlands has strong ambitions to accelerate the energy transition and it is fast becoming the cleantech hub for renewable energy in Europe. Hydrogen is one field in which the country is moving fast to develop new, sustainable energy solutions. Across the Netherlands, specialized industry clusters are innovating in the potential of hydrogen, including the Port of Rotterdam. This dynamic Dutch ecosystem will be on full display during the World Hydrogen Summit in Rotterdam, the Netherlands, on May 9-11, 2023.

Key Points: 
  • This dynamic Dutch ecosystem will be on full display during the World Hydrogen Summit in Rotterdam, the Netherlands, on May 9-11, 2023.
  • An international event, the World Hydrogen Summit will bring together government officials, industry leaders and experts from around the world to discuss the latest developments and future opportunities in the hydrogen industry.
  • The Dutch hydrogen ecosystem is attracting a growing number of companies looking to invest in the country's green hydrogen sector.
  • For example, a consortium of Shell, RWE, Groningen Seaports, Equinor & Gasunie called NortH2 is developing Europe's Largest Green Hydrogen Project combining all aspects of the supply chain to achieve large-scale supply of green hydrogen.

Sidus Space, Inc. Reports 2022 Financial Results - Annual Revenue up 418% and Annual Gross Profit up 492% as Compared To 2021

Retrieved on: 
Thursday, March 16, 2023
Software, Professional Services, Hardware, Data Management, Technology, Artificial Intelligence, Satellite, Data Analytics, Engineering, Aerospace, Manufacturing, Telecommunications, Constellation, Orbit, Sidus, Certification, Webcast, Artificial intelligence, International, TNO, United Netherlands (organization), Observation, AS9100, National Oceanographic Data Center, Freedom Lite SS-11 Skywatch, NASA, SpaceX, Mission control center, LEO, Bechtel, National Oceanic and Atmospheric Administration, Data collection, Intelligence, Dawn Aerospace, Critical, NOAA, Cryptocurrency, Video game, Communications satellite

(NASDAQ:SIDU), a Space-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, announced yesterday financial results for the year ended December 31, 2022 and provided company business updates.

Key Points: 
  • (NASDAQ:SIDU), a Space-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, announced yesterday financial results for the year ended December 31, 2022 and provided company business updates.
  • Sidus will webcast a conference call to discuss the results today at 9:00 am Eastern Time.
  • On a year-to-date basis, the Company has generated gross profit of 20% as compared to (26%) for the previous 2021 period.
  • Subsequent to the end of the quarter, the Company closed on an underwritten public offering, generating gross proceeds of $5.2 million.

Sidus Space Announces Multi-Million-Dollar Agreement with Netherlands for Laser Communication Satellite

Retrieved on: 
Wednesday, February 15, 2023
Telecommunications, Satellite, Networks, Other Manufacturing, Engineering, Technology, Aerospace, Manufacturing, TNO, United Netherlands (organization), Orbit, Communication, 3D, Partnership, Communications satellite, Sidus

Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on commercial satellite design, manufacture, launch, and space-based data collection combined with space and defense mission critical hardware manufacturing has been awarded a multi-million dollar agreement with The Netherlands Organization for Applied Scientific Research (TNO) to deploy and test TNO's laser communications technology aboard a Sidus' LizzieSat™ satellite.

Key Points: 
  • Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on commercial satellite design, manufacture, launch, and space-based data collection combined with space and defense mission critical hardware manufacturing has been awarded a multi-million dollar agreement with The Netherlands Organization for Applied Scientific Research (TNO) to deploy and test TNO's laser communications technology aboard a Sidus' LizzieSat™ satellite.
  • As part of the $2.5 Million agreement, TNO will design and deliver HemiCAT, a high-efficiency miniature communications laser terminal, which Sidus will integrate into its hybrid 3D printed satellite, LizzieSat™.
  • The in-orbit demonstration mission for laser satellite communication is part of a study of Dutch defense technology.
  • "We are honored to be selected by TNO as its mission partner for the HemiCAT technology," said Carol Craig, Sidus Space Founder and CEO.

Insitu, GKN Aerospace and TNO Team Up to Develop Advanced Radar System for Integrator UAS

Retrieved on: 
Tuesday, October 5, 2021
Economy, Boeing, Policy, Safety, Ministry, Police, UAS, Boeing Insitu RQ-21 Blackjack, Aircraft, GKN, United Netherlands (organization), OEM, OIP Sensor Systems, AMBER, Climate, ISR, Affordable housing, Knowledge, Defense Business Board, Multi, Ministry of Economic Affairs and Climate Policy, Technology, Commercial, UAV, GMTI, Aerospace, Mod, VP, TNO, Industry, Airline

It is the first system in the market to offer this range of capabilities operated through a single payload radar system.

Key Points: 
  • It is the first system in the market to offer this range of capabilities operated through a single payload radar system.
  • The AMBER technology is being developed by TNO, the Netherlands organization for applied scientific research.
  • It is very exciting that our cutting-edge technology is now successfully integrated in this state-of-the-art multifunction imaging radar system for UAV's.
  • This is our mission and it is what drives us, the over 3.500 professionals at TNO, in our work every day.

Insitu, GKN Aerospace and TNO Team Up to Develop Advanced Radar System for Integrator UAS

Retrieved on: 
Tuesday, October 5, 2021
Economy, Boeing, Policy, Safety, Ministry, Police, UAS, Boeing Insitu RQ-21 Blackjack, Aircraft, GKN, United Netherlands (organization), OEM, OIP Sensor Systems, AMBER, Climate, ISR, Affordable housing, Knowledge, Defense Business Board, Multi, Ministry of Economic Affairs and Climate Policy, Technology, Commercial, UAV, GMTI, Aerospace, Mod, VP, TNO, Industry, Airline

It is the first system in the market to offer this range of capabilities operated through a single payload radar system.

Key Points: 
  • It is the first system in the market to offer this range of capabilities operated through a single payload radar system.
  • The AMBER technology is being developed by TNO, the Netherlands organization for applied scientific research.
  • It is very exciting that our cutting-edge technology is now successfully integrated in this state-of-the-art multifunction imaging radar system for UAV's.
  • This is our mission and it is what drives us, the over 3.500 professionals at TNO, in our work every day.