GomSpace Luxembourg receives development contract from ESA

The Luxembourg National Space Programme (LuxIMPULSE), implemented by the European Space Agency has awarded GomSpace Luxembourg SARL - a subsidiary of GomSpace Group AB (the ”Company”) – a 1.575 million EURO development contract . The scope of the project is the development of a novel product, called Mega-Constellations Operations Platform (“MCOP”), that will become a key part in GomSpace Luxembourg’s plans to offer constellation operations services for small satellites. The project will conclude in Q1 2020.

For more information, please contact:
Niels Buus (CEO)
Tel: +45 40 31 55 57                             
Email:
nbu @ gomspace.com

About GomSpace Group AB

The Company’s business operations are mainly conducted through the wholly-owned Danish subsidiary, GomSpace A/S, with operational office in Aalborg, Denmark. GomSpace is a space company with a mission to be engaged in the global market for space systems and services by introducing new products, i.e. components, platforms and systems based on innovation within professional nanosatellites. The Company is listed on the Nasdaq First North Premier exchange under the ticker GOMX. FNCA Sweden AB is the Company’s Certified Adviser. For more information, please visit our website on www.gomspace.com.                 

About LuxIMPULSE

LuxIMPULSE is the National Space Programme of Luxembourg dedicated to research and development. This programme is implemented with the assistance of the European Space Agency.

Miscellaneous      

This information is information that GomSpace is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, 10:00 a.m. CET on June 13, 2018.

About Us

GomSpace is a globally leading manufacturer and supplier of nanosatellite solutions for customers in the academic, government and commercial markets. Our positions of strength include systems integration, nanosatellite platforms and advanced miniaturised radio technology. Our international team is devoted to understanding our customer’s requirements and to delivering flawlessly. We are more 200 employees, in a global team of different nationalities, and we serve our customers in more than 50 countries. We are listed at Nasdaq in Stockholm (GOMX), have our main headquarters in Aalborg in Denmark, a propulsion technology centre, GomSpace Sweden in Sweden, operation office in Luxembourg and sales & project development offices in Singapore and Washington. We believe nanosatellites should be put to work delivering revenue and/or mission critical services for their owners, and we can deliver the - often complex - products and solutions that enable our customers in doing so. With more than 11 years of experience in the market and a track record of multiple successful missions accomplished, we have developed profound knowledge and competencies within Radio Technology, Nanosatellite Platforms, Project Management as well as Innovation. Our business model allows us to provide turn-key projects to our customers to deliver the business solution needed. We deliver these projects based on our strong in-house portfolios of established products and a wealth of capabilities.

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