Sidus Space Inc (NASDAQ:SIDU) said it has entered into an agreement with B2B provider of artificial intelligence (AI) accelerated video solutions for edge platforms Maris-Tech to jointly develop a system for peripheral photography, recording, transmission, and AI for nanosatellites and space tools.
The company said the platform will allow cameras in space to take and transmit high-quality videos and still images and implement AI algorithms at the edge in real-time.
“The collection and transmission of high-quality video and still images is a key component of our emerging, high-margin, data-as-a-service, recurring revenue streams,” said Sidus CEO Carol Craig.
“With the launch of LizzieSat set for the fourth quarter of this year, we are thrilled to work with Maris-Tech to develop an innovative, AI-driven, situation-awareness-solution that answers a critical need in the New Space market.”
As part of the agreement, Maris-Tech will provide knowledge and core technology to enable surround Ultra-HD video capture, recording and upload, plus AI acceleration for spacecraft anti-collision, proximity estimation, landing, and other customer-defined algorithms.
Sidus will provide the infrastructure and expertise to perform the required tests and analysis to validate the ability of the hardware to operate as expected in space, integrate it on a space-proven satellite, launch it into space, and manage its operation, the company noted.
Maris-Tech CEO Israel Bar added in a statement: "We are proud and excited to partner with Sidus Space in this innovative project, which positions Maris-Tech’s entry as part of the prestigious international New-Space club.”
The collaboration is being supported by the Israel Innovation Authority in cooperation with Space Florida.
Sidus Space is a Space and Defense-as-a-Service satellite company focused on mission-critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support.
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