GomSpace wins significant product order in North America

Today, GomSpace signed a contract with an existing customer on the North American market in the geo-intelligence industry for the delivery of a software defined radio modules and antenna systems. The contract is worth 7.9 MSEK and will be fully delivered in 2020.

GomSpace has over the years built a strong product portfolio and in-orbit track record with its software defined radio modules and antenna modules helping our customers to realize many different applications.

“This is a significant win accelerating our growth in the North American market with a growing number of both commercial and institutional customers depending on our products both for radio payloads and satellite platforms,” says CEO, Niels Buus, from GomSpace.

For more information, please contact: 
Niels Buus (CEO)
Tel: +45 40 31 55 57
E-mail: 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, info@fnca.se, +46-8-528 00 399 is the Company’s Certified Adviser. For more information, please visit our website on www.gomspace.com.

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, 8.30 a.m. CET on December 18, 2019. 

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.