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Carol Craig | Chief Executive Officer |
Good morning. And welcome to the Sidus Space 2022 Earnings Conference Call. I would now like to turn the conference to Carol Craig, Chief Executive Officer. Please go ahead.
Thank you, and good morning, everyone.
is of and Sidus name Chief am my Officer Executive Space. mentioned, Carol I Craig, the As Teresa Burchfield, but our obligation fill and Chief at Financial Officer, unable questions join had to this later call a is to is happy date. a prior
to our please update business company. for this our be a XXXX expect which we share will and momentous outlook are We results XXXX, year for
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this information are For can the risk cautioned company's and in the about undue on may any reliance not and to Commission, statements to refer of risks discussed the Exchange put the more our the to statements, that uncertainties, be Web factors found and on during Listeners any each with forward-looking specifically these filings please Securities be forward-looking update disclaims company www.sidusspace.com. obligation call. site, which
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in the with Tranche system Air Marine, manifest to secondary Florida. space mesh with part of of and of program. with facility, the for systems for We exploration systems in that increasing data will listed successfully vehicles and payload Exchange the provide and the a and mobile activity for Marine’s prime an of XXXX Artemis high November US September low the launch an New distribution Corporation, solid ready successful launch experience began of from Stock and platforms, revenue Parsons optically we the We contributing demonstrated our rocket, integration efforts, starting hardware the and Orion integration and for and manufactured by Parsons support flight DoD’s to I, year teaming XXXX. boosters contractor small Aerospace evolved ground tied its adapter and industry for facilities for rocket services flight support into I. extra XX provided and the stage launcher resilient work announced ring scope Collins significant also transport in supported a to fabrication cables success Force portions and provide communication and SkyWatch, historic stages latency entered Texas Teledyne program a manufacturing agreement the of capabilities. core intelligence contract leader to the manufacturing network facility Space data to interconnected Technologies, space We launch the satellite engineered on management of with hardware in And of vehicular Teledyne Massachusetts the rocket XXX responsible components the addition to Teledyne heritage capsule. York end-to-end expanded Artemis including Sided supported multiple with volume be We
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first launch a The constellation year of LizzieSat SmallSat multimission for SpaceX. share the satellite with of ride through is in agreement this slated our
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significant in Edge expect deliver along three AIS cover revenue. fleet satellites unlocking multipurpose recurring largest to capabilities. the of hyperspectral the with imagery and opportunity weeks We just fueled multi Earth and data subscription AI offering by satellites Nine
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low year benefit launch from design satellites longer lifespan costs. Our on and and decreasing cost life, orbit five
Revenue yesterday, the recap Exchange from Commission for increased pleased I'm XX-K in the to our the $X.X our So financial are the to ended to detailed million share results, which $X.X in year following. XX, filed Form period Securities XXX%. December and increase with pursuit XXXX XXX% revenue $X.XX primarily December more staff, in million approximately allow which XXXX, of for year customers. The XXXX by comparable party was an increase nonrelated sales of increased to for over ended of XX, of the driven aggressive million
the XX% of increasing as of and margin of costs or increase year, satellite gross The XX% period. company in the as has million supply XXX% our to During in a compared us the profit for margin in for the XXXX with a giving our approximately higher $X.X negative mix increase a of chain margin gross service The business profit to generated as manufacturing ended in year gross previous resulted the profit revenue, scaling compared of an XX, for satellite higher line mix goods in a to approximately contracts cost an the less a loss XX, rate compared management the and December higher ended attributable as XXXX of in revenue, than a $XXX,XXX combined increase XXXX to contracts line. year a sold of at gross as our business is the increase primarily XXXX. service margin December of
customers we With customer for orbit. sensors accessible make a low be from believe suite the will satellite satellites LizzieSat multiple more custom and proven to everyone. multimission and Earth in state-of-the-art subsystems supports is of constellation spaceflight data XXXX, leveraging valuable SmallSat domestic expected LizzieSat provide to by lieu needs, that platform data with international our
customer from of will satellites Our data sensors of be and variety capable space range based integrating of of for a a industries. missions LizzieSat collecting fleet multiple
growing shareholders. very progress toward all and while Our meet as to you demand, continues team our fire Thank cylinders on for scale we profitability long prioritizing term to creating up much. value
you Thank has today's concluded. now conference attending This presentation. for
now may disconnect. You
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