Sidus Space Inc (NASDAQ:SIDU) said it has expanded the structure of its management team as it prepares for the launch of its LizzieSat constellation with SpaceX in the first quarter of 2024.
In a statement, the company said the adjustments, which saw promotions from within the company, are aimed at supporting the launch and management of the LizzieSat constellation.
After promoting Jared Novick to the newly-created role of chief operating officer in September, Sidus Sapce said it has also promoted Lindsey Waitt to LizzieSat program manager, to lead the engineering team and provide leadership on all technical decisions.
“Lindsey's commitment to excellence and her consistent efforts have been noticed by both her immediate team and Sidus’ leadership,” Novick commented.
“Her promotion underscores her leadership skills and the positive impact she's had on our organization. She's an inspiration to all of us.”
Sidus said it has also done away with the role of chief technology officer (CTO) following the resignation of Jamie Adams, effective October 24, 2023, saying the responsibilities that were traditionally associated with the CTO position are now being managed and overseen by other key roles within the company.
Adams also stepped down from the company’s board of directors.
“On behalf of Sidus, I want to thank Jamie for his numerous contributions to Sidus over the past two years,” Sidus CEO and founder Carol Craig said.
“During this time, Jamie’s expertise was critical to the development of our innovative and unique coincident data collection satellite.”
Sidus said it expects to accelerate the offerings of Data-as-a-Service, Technology Payload Hosting, and the sale of its artificial intelligence (AI), both as an independent service and as a part of its data offering.
The restructuring will result in a more streamlined and efficient management of technical and operational aspects of the company, it added.
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