Sidus Space Inc (NASDAQ:SIDU) has announced an agreement with SatLab to implement its second-generation automated identification system (AIS) technology into the company’s LizzieSat satellite constellation.
The company explained that AIS technology uses sophisticated systems on board marine vessels to identify and track ships to prevent collisions and protect life at sea. Integrating this technology into its satellites will enable more accurate vessel tracking and monitoring while providing valuable information about ship movements in real-time, it added.
“We are excited to partner with SatLab to support the AIS industry and growing Maritime market," Sidus Space Founder and CEO Carol Craig said in a statement. “Utilizing AIS technology combined with our on-orbit Hyperspectral imagery will support real-time data processing, which allows for immediate results and greater efficiencies.”
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Sidus Space said SatLab’s AIS technology enables enhanced safety for mariners as well as increased efficiency in port operations and improved visibility of ship traffic patterns for better resource planning and environmental management.
The company also noted that the global AIS market was worth $260 million in 2021 and is projected to grow to $440 million in 2030, according to Straits Research.
"Our one-of-a-kind 3D printed space infrastructure supports multiple verticals including Maritime and we believe this data will be attractive to prospective customers,” Craig added.
Located in Cape Canaveral, Florida, Sidus Space operates from a 35,000-square-foot manufacturing, assembly, integration, and testing facility focused on commercial satellite design, manufacture, launch, and data collection.
The company has a broad range of Space-as-a-Service offerings including space-rated hardware manufacturing, design engineering, satellite manufacturing and platform development, launch and support services, data analytics services and satellite constellation management.
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