Sidus Space expands $120M lunar satellite deal with Lonestar

Written by Copernical Team Friday, 04 April 2025 08:50

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Los Angeles CA (SPX) Apr 03, 2025

Sidus Space (NASDAQ: SIDU) has finalized an expanded preliminary agreement with Lonestar Data Holdings, extending a collaborative initiative now valued at around $120 million. This enhanced partnership charts the course for the development, deployment, and operational support of six lunar-based data storage satellites, pushing the boundaries of secure information retention infrastructure beyond

Sidus Space expands $120M lunar satellite deal with Lonestar
by Clarence Oxford
Los Angeles CA (SPX) Apr 03, 2025

Sidus Space (NASDAQ: SIDU) has finalized an expanded preliminary agreement with Lonestar Data Holdings, extending a collaborative initiative now valued at around $120 million. This enhanced partnership charts the course for the development, deployment, and operational support of six lunar-based data storage satellites, pushing the boundaries of secure information retention infrastructure beyond Earth.

Utilizing the versatile LizzieSat platform, the lunar spacecraft will incorporate advanced technology to host secure, redundant data storage systems tailored for deep space environments. Under the terms of the agreement, Sidus will manage the end-to-end spacecraft lifecycle including engineering, payload integration, launch preparation, and post-deployment support in lunar orbit. The initiative affirms both firms' dedication to pioneering space-based technological solutions for critical infrastructure resilience.

"This contract represents a pivotal step forward in our partnership with Lonestar, demonstrating our ability to scale the LizzieSat platform to meet diverse and mission-critical needs, including lunar missions," said Carol Craig, CEO of Sidus Space. "It also highlights our role as an innovative mission collaborator, delivering cost-effective solutions built on Sidus' demonstrated space expertise. We are proud to support Lonestar and their mission to provide advanced secure data storage solutions that enable organizations to safeguard vital information beyond Earth's bounds."

"Following the success of our recent test flights, this partnership with Sidus Space marks a significant milestone in our journey to revolutionize data storage and disaster recovery in space," said Chris Stott, Founder and CEO of Lonestar. "Sidus' proven expertise, innovative approach and scalable satellite solutions are key to achieving our vision of delivering resilient, secure data storage capabilities on the Moon."