by Clarence Oxford
Los Angeles CA (SPX) Nov 22, 2024
Sidus Space (NASDAQ: SIDU) has entered a pivotal partnership with Reflex Aerospace, a European satellite manufacturing startup, to advance the development of dual-use satellite platforms. Announced at Space Tech Expo Europe, this collaboration combines Sidus Space's expertise in satellite manufacturing and mission operations with Reflex Aerospace's specialization in rapid, custom satellite design.
The partnership seeks to deliver adaptable, cost-efficient, and high-performance satellite solutions that cater to a wide range of customer demands, enhancing the companies' reach in the global space market.
"Finalizing this partnership at Space Tech Expo Europe underscores the importance of collaboration in advancing global space innovation," said Carol Craig, Founder and CEO of Sidus Space. "By combining Sidus' space heritage and mission expertise with Reflex Aerospace's agile satellite manufacturing, we can leverage each other's strengths to deliver tailored solutions worldwide, with both companies contributing to satellite production."
Walter Ballheimer, CEO of Reflex Aerospace, highlighted the collaboration's potential impact: "This partnership represents a significant step forward in our mission to accelerate innovation in space. By combining our satellite manufacturing capabilities with Sidus Space's advanced space technologies, we can offer unprecedented value to our customers while strengthening the transatlantic space technology corridor."
The joint initiative will launch in 2025, with both companies focusing on producing integrated satellite platforms tailored to a growing global customer base.
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