Insider Brief:
- Sidus Space is teaming with L3Harris Technologies for the Department of Defense Mentor-Protégé Program.
- The DoD program is the oldest continuously operating federal MPP in existence.
PRESS RELEASE — Cape Canaveral, Florida / April 11, 2023 — Sidus Space, Inc. (NASDAQ:SIDU), a Space and Defense -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-Protégé Program (MPP).
The 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.
Contact Information:
Investor Relations
Dave Gentry
RedChip Companies Inc.
[email protected]
1-800-RED-CHIP (733-2447)
Or 407-491-4498
Heather Crowell
Executive Vice President
Gregory FCA
[email protected]
Media Contact
Katie Kennedy
Senior Vice President
Gregory FCA
[email protected]
1-610-731-1045
SOURCE: Sidus Space
Featured image: LizzieSat. Credit: Sidus Space
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