#United States #Denver #Sidus Space #Greenland Energy #Carol Craig

Greenland Energy Welcomes Carol Craig to Board of Directors

Greenland Energy Company, trading under NASDAQ: GLND, is a dedicated oil exploration entity actively engaged in the Jameson Land Basin in East Greenland. On June 11, 2026, the company disclosed the addition of Carol Craig to its Board of Directors, enhancing its leadership at a crucial juncture. This appointment becomes effective as of June 5, 2026, following the resignation of Daniel M. McCabe who previously held the position.

Who is Carol Craig?

At the age of 59, Carol Craig stands out as the founder and Chief Executive Officer of Sidus Space, Inc., which specializes in innovative space and defense technology. Sidus Space is known for providing flexible, cost-effective solutions in satellite manufacturing, AI-driven data solutions, and space hardware manufacturing. The company's motto, "Space Access Reimagined®", reflects its commitment to rapid innovation and adaptability in a competitive sector.

Under Craig's stewardship, Sidus Space went public on the Nasdaq in December 2021 and launched a range of hybrid satellites known as the LizzieSat series. With a determined focus on government and commercial sectors, Sidus Space operates out of a state-of-the-art facility located on Florida's Space Coast, which includes advanced manufacturing, assembly, integration, and testing capabilities.

Craig's extensive background in aerospace and defense began with her service as a Naval Flight Officer in the United States Navy, where she navigated the P-3 Orion aircraft and became one of the first women eligible to fly combat missions. Her educational credentials are equally impressive, boasting degrees in Computer Science, Electrical and Computer Engineering, and an MBA with a finance concentration. Currently, she is pursuing a Ph.D. in Systems Engineering.

Strategic Importance of the Appointment

The Board of Greenland Energy has stated that Craig qualifies as an independent director under Nasdaq's guidelines, and her experience will be integral to the Board's Audit Committee. Larry Swets, Jr., the Chairman of the Board, expressed confidence in Craig's entrepreneurial acumen and governance experience, asserting that her leadership will be crucial as the company ramps up its exploration activities in Greenland.

"We are pleased to welcome Carol Craig to the Greenland Energy Board of Directors," Swets said. He highlighted her exceptional combination of expertise in technology and a robust track record in spearheading innovative companies. Craig's past experiences at Sidus Space and in the military position her well to contribute significantly to Greenland Energy’s endeavors.

Craig’s Vision for Greenland Energy

In her statement, Craig conveyed enthusiasm about the opportunity presented by the Jameson Land Basin, referring to it as an underexplored opportunity that promises significant potential. Her commitment to not simply observe but to actively engage in the company's exploration efforts indicates a proactive and hands-on approach towards achieving set objectives.

"I've spent my career betting on frontiers most people overlooked, first in defense, then in space," Craig commented. Her philosophy aligns with Greenland Energy's mission to responsibly unlock the hydrocarbon potential of the expansive Jameson Land Basin, which spans approximately 2 million acres of licensed land.

Looking Ahead

With plans to execute the first modern onshore drilling campaign slated for 2026, Greenland Energy is poised for a transformative period under Craig's input and expertise. Her focus on modern exploration technologies aligns seamlessly with the company’s objectives as it aims to establish itself as a significant player in the global energy landscape.

About Greenland Energy Company: Greenland Energy is committed to responsibly exploring and developing Greenland's hydrocarbon resources, targeting the potential of the Jameson Land Basin. The company emphasizes modern exploration techniques as it progresses towards its explorative goals, making waves in the industry.

For further updates and resources, visit Greenland Energy's official website.

Note: This press release may contain forward-looking statements as per the safe harbor provisions, pertaining to the company's future objectives, performance, and plans. Investors are encouraged to review the latest SEC filings for a comprehensive understanding of risks and uncertainties.