Carol Craig, CEO of Sidus Space, receives a Distinguished Alumni Achievement Award from the University of Illinois Urbana-Champaign

Sidus Space, Inc. (NASDAQ: SIDU), a Space-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection is pleased to announce that Carol Craig, Founder and CEO is a recipient of the Distinguished Alumni Achievement Award from the Department of Computer Science at the University of Illinois at Urbana-Champaign.

The Distinguished Alumni Achievement Award acknowledges and honors outstanding faculty, students, and alumni for their contributions to the discipline. Ms. Craig was presented the award at the annual Celebration of Excellence event at the Illinois Student Union in Champaign, IL April 26, 2022.

Notably, Ms. Craig recently became the first female founder and owner of a space-based company to go public. Before becoming a self-described “astropreneur,” Carol was one of the first women eligible to fly combat aircraft in the U.S. Navy and the first female aviator in her squadron serving as an active-duty P-3C Orion Naval Flight Officer. In this position, she was responsible for all tactical communication and navigation aboard combat aircraft. An engineer by trade, Carol provided software design and development for military aircraft cockpit systems preceding her Naval service and instruction of flight planning software for the U.S. Navy Strike Fighter Weapons School post service.

Prior to her role as Sidus Space Founder and Chief Executive Officer, Carol Craig built her namesake firm, Craig Technologies, into an aerospace and defense contracting company recognized throughout the U.S. government. Craig Technologies offers engineering and technical solutions to include Software Design/Development, Systems Engineering, Multidisciplinary Engineering, Training and Courseware Development, Modeling & Simulation, IT Support, and Integrated Logistics Support.

About Sidus Space

Sidus Space (NASDAQ: SIDU), located in Cape Canaveral, Florida, 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’s rich heritage includes the design and manufacture of many flight and ground component parts and systems for various space-related customers and programs. Sidus Space 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.

Sidus Space has a mission of Bringing Space Down to Earth™ and a vision of enabling space flight heritage status for new technologies while delivering data and predictive analytics to domestic and global customers. Any corporation, industry, or vertical can start their journey off-planet with Sidus Space’s rapidly scalable, low-cost satellite services, space-based solutions, and testing alternatives. More than just a “Satellite-as-a-Service” provider, Sidus Space is a trusted Mission Partner–from concept to Low Earth Orbit and beyond. Sidus is ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered.

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute ‘forward-looking statements’ within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words ‘anticipate,’ ‘believe,’ ‘continue,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘plan,’ ‘potential,’ ‘predict,’ ‘project,’ ‘should,’ ‘target,’ ‘will,’ ‘would’ and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors described more fully in the section entitled ‘Risk Factors’ in Sidus Space’s Annual Report on Form 10-K for the year ended December 31, 2021, and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Sidus Space, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

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