GomSpace and ESA agree not to proceed to the third phase of a development contract
In October 2019, GomSpace and the European Space Agency (ESA) have signed a contract to adapt and improve smallsat systems and subsystems for science missions in deep space at a contract value of 43MSEK. After a prolonged suspension of the project, GomSpace and ESA have agreed not to proceed to the third phase of the contract. This has resulted in a reduction of 22MSEK in the GomSpace backlog. For more information, please contact: Troels Dalsgaard, CFOPhone: +45 31 50 11 82E-mail: trn @ gomspace.com About GomSpace Group ABThe company’s business operations are mainly