Greenland Energy Appoints Sidus Space CEO Carol Craig to Board of Directors

Greenland Energy Company (NASDAQ: GLND), an oil exploration company focused on East Greenland’s Jameson Land Basin, announced the appointment of Carol Craig to its board of directors, effective June 5, 2026. Craig, founder, CEO and chair of Sidus Space (NASDAQ: SIDU), was appointed as a Class I director to fill the vacancy created by Daniel M. McCabe’s resignation and will also serve on the board audit committee.

The appointment brings a unique perspective to Greenland Energy’s board, as Craig’s background in space technology could offer insights into remote operations and satellite-based monitoring, both critical for Arctic exploration. Sidus Space specializes in space-based data collection and satellite manufacturing, which could support Greenland Energy’s operations in the challenging Jameson Land Basin environment.

Greenland Energy Company is an energy exploration company focused on responsibly developing Greenland’s hydrocarbon resources, with an emphasis on the Jameson Land Basin. It aims to advance oil and gas exploration and create a publicly traded platform for Arctic energy development. The company’s focus on the Jameson Land Basin, a large onshore sedimentary basin, positions it as a key player in unlocking potential hydrocarbon reserves in a region that has seen limited exploration due to harsh conditions and regulatory hurdles.

The addition of Craig to the board is seen as a strategic move to enhance corporate governance and bring fresh expertise. Her experience leading a publicly traded space company could help Greenland Energy navigate the complexities of operating in remote and extreme environments, where satellite technology plays a crucial role in logistics, environmental monitoring, and safety.

Investors may view this appointment as a signal of Greenland Energy’s commitment to leveraging advanced technology and strong leadership to advance its projects. The company’s stock, traded on NASDAQ under the symbol GLND, has been under scrutiny as it progresses its exploration activities. The latest news and updates relating to GLND are available in the company’s newsroom at https://ibn.fm/GLND.

For more information about Greenland Energy Company, visit the full press release at https://ibn.fm/MeawW.