Sidus Space and L3Harris yeam for the DoD Mentor-Protege Program

Written by Copernical Team Thursday, 13 April 2023 06:58

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Cape Canaveral FL (SPX) Apr 12, 2023

Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on commercial satellite design, manufacture, launch, and data collection, is teaming with L3Harris Technologies (NYSE:LHX) for the Department of Defense Mentor-Protege Program (MPP). DoD program helps businesses expand their footprint in the defense industrial base by supporting their partnering efforts with larger compa

Sidus Space and L3Harris yeam for the DoD Mentor-Protege Program
by Staff Writers
Cape Canaveral FL (SPX) Apr 12, 2023

Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on commercial satellite design, manufacture, launch, and data collection, is teaming with L3Harris Technologies (NYSE:LHX) for the Department of Defense Mentor-Protege Program (MPP).

DoD program helps businesses expand their footprint in the defense industrial base by supporting their partnering efforts with larger companies, such as L3Harris.

"We look forward to capitalizing on opportunities for process improvements as we work with L3Harris on various assessments and benchmarking initiatives, gaining valuable large company perspective that will benefit our team as we scale operations in the quarters and years ahead," said Carol Craig, Founder and CEO of Sidus Space.

"In addition to expanding our supplier relationship with L3Harris, this agreement will strengthen our ability to provide global customers, including the Department of Defense and other defense agencies, with a range of Space-as-a-Service solutions such as satellite services and space-based data offerings."

The MPP is designed to enhance Sidus' capabilities to operate more effectively within the DoD supplier base, enabling the company to more efficiently reach its vision of making space data accessible and actionable to a broad range of customers.

The DoD program is the oldest continuously operating federal MPP in existence. Over the past five years, this dynamic program has supported more than 190 businesses in their mission to fill unique niches within the military's supply chain ecosystem.

The Sidus-L3Harris MPP agreement runs from April 1, 2023 to March 31, 2024.