GomSpace receives order from Argotec at a value of 845,000 EUR

Italian based Argotec has placed an order for power systems at a value of 845,000 EUR (9,5MSEK) to be delivered in the 12 coming months.

Today, GomSpace signed a contract with Argotec S.r.l. to supply power systems from the standard product portfolio. The contract value is 845,000 EUR (9,5MSEK). Delivery will take place during the 12 coming months and is expected to be completed in Q1, 2024.

“We are happy that GomSpace technologies and expertise in power systems are recognized by a company like Argotec. NanoPower P80 and BP8 are our latest releases of power systems building our track record in managing in-orbit energy. NanoPower product series can be used in a multitude of configurations, which allows our customers to benefit from product reliability strategy, while building specific use cases”, said Carsten Drachmann, CEO at GomSpace.
 

For more information, please contact:
Carsten Drachmann
Tel: +45 40 63 40 36
E-mail: cdra @ 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.

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, 10.15 a.m. CET on April 11, 2023.