GomSpace and Luxembourg Government partner to develop new space activities in the Grand Duchy
Sweden, September 27, 2017 - GomSpace Group AB (”GomSpace”) and The Ministry of Economy in Luxembourg signed a Memorandum of Understanding (MoU) for their cooperation to develop, through a company in the Grand Duchy and 100% owned by GomSpace. The purpose is to create a Luxembourg based business unit with focus on operations of satellite constellations as well as data processing and distribution offered as a service to an international customer base, including a support center dedicated to regulatory affairs. Within the framework of this MoU, the Ministry of the Economy will provide