GomSpace, a Danish nanosatellite company, has signed a contract with a European integrator of smallsats to supply the first NanoCom Link X standard products for a European satellite constellation. The contract, valued at 3.7 MSEK, includes an option to extend the agreement for additional units and equipment throughout the project. The first units are expected to be delivered as early as Q2 2023.
GomSpace CEO, Carsten Drachmann, expressed his delight at being part of this ambitious European sovereign mission. He said, “GomSpace’s latest X-Band communication product technology will be helping to successfully deliver data on the ground, and we are honored that our developments are recognized in such operational missions.”
GomSpace Group AB is a space company that aims to engage in the global market for space systems and services by introducing new products based on innovation within professional nanosatellites. The company’s business operations are mainly conducted through its wholly-owned Danish subsidiary, GomSpace A/S, with an operational office in Aalborg, Denmark. GomSpace is listed on the Nasdaq First North Premier exchange under the ticker GOMX, and FNCA Sweden AB is the Company’s Certified Adviser.
The NanoCom Link X is a significant addition to GomSpace’s portfolio and demonstrates the company’s commitment to developing innovative solutions for the space industry. As the European satellite constellation project progresses, GomSpace is well-positioned to deliver additional units and equipment that meet the specific needs of the mission.
As a responsible corporate citizen, GomSpace is committed to upholding ethical standards in all aspects of its business operations. The company adheres to journalistic ethics and delivers accurate reporting using its own distinct style.
The contract between GomSpace and the European integrator of smallsats is a significant achievement for the Danish nanosatellite company. With the NanoCom Link X, GomSpace is poised to make a significant contribution to the European satellite constellation project. As the company continues to develop innovative solutions for the space industry, its commitment to ethical standards will undoubtedly be an asset in building its reputation and fostering trust with customers and stakeholders.
Bernie is an experienced financial journalist with a focus on Earnings News and Financial updates. He has been working as a journalist for more than 8 years and has been with Survey Paid since 2019. His byline can be found on articles covering stock market analysis and commentary, earnings reports, and other financial news. Based in New York City, NY.
Contact Email: Bernie@surveypaid.info
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