Successful Launch of LizzieSat-3
A major achievement with the successful launch of LizzieSat-3 on March 14th, marking the third satellite in their operational data-generating micro constellation.
Introduction of Sidus Orlaith AI Ecosystem
Launch of the Sidus Orlaith AI ecosystem, a modular pairing of FeatherEdge hardware and Cielo software for near real-time autonomous decision-making.
Strong Partnership and Contract Development
Amended and extended agreement with Lone Star Holdings, bringing potential contract value to $120 million, providing strong visibility for future revenue.
Cash Position Improvement
Cash balance increased to $11.7 million as of March 31, 2025, compared to $6.2 million as of March 31, 2024.
Expansion into Defense and Military Markets
Strategic soft launch of technologies for dual-use applications, expected to expand into defense and military markets in Q2.