Unibap: Call-off order of batch #2 for major European constellation valued at 2.25MEUR
The second batch of SpaceCloud® iX5 solutions has now been converted into a full order by the customer, worth 2.25 MEUR. Deliveries are scheduled between Q3'24 and Q1'25, demonstrating Unibap's ability to deliver volume orders of Flight Models with short lead-times.
The Authorization to Proceed (ATP) announced on March 29, 2024, for the second batch of SpaceCloud® iX5 Flight Models has now been fully committed. The customer has received approval from the commissioning European authority as stated as a requirement in the previously announced APT. This is the second out of three batches for a major European satellite constellation, for which Unibap supplies the payload data processing units.
- Today is a good day. I see this as a testament of the excellent collaboration we have with our customers. We have, for this second batch, been standing in the starting block since the previously announced ATP and are well-prepared to follow the agreed schedule for delivery. We will again demonstrate our capacity and quality to supply volume orders of high-performance edge computer solutions with short lead-times, says Johan Åman, CEO Unibap.
This call-off order is part of a larger 6.2MEUR contract that was announced on January 10th, 2023.
For more information, please contact:
Johan Åman
CEO
+46 70 821 00 51
This information constitutes information that Unibap AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on June 5, 2024, 08:15 CEST.
About Unibap
Unibap is a high-tech company offering advanced solutions for Edge Computing and Cloud Computing in space. Our SpaceCloud® offering consists of hardware, software and services that transform the space industry by establishing a new standard for AI and cloud solutions in satellites. The company's quality management system is certified according to SS-EN ISO 9001:2015. The company is listed on Nasdaq First North Growth Market.
For more information, please visit the Company's website unibap.com
FNCA Sweden AB is the Company's Certified Adviser.