Unibap receives Authorization to Proceed with batch #2 within the previously announced contract with European smallsat integrator
Unibap has received Authorization to Proceed (ATP) for the second batch of SpaceCloud(R) iX5 solutions within the agreement previously announced on January 10, 2023. The ATP is a precursor to the call-off order for the second batch, which will enable Unibap to initiate production preparations in order to meet the requested delivery schedule from the customer, while the customer is waiting for final go-ahead from the commissioning European authority. The full contract is valued at 6.2 MEUR, of which 1.7 MEUR was ordered as batch #1. The second batch is valued at 2.25 MEUR, and the ATP for this batch covers 10% of its value. Batch #2 is scheduled for deliveries during the period Q3'24 to Q1'25.
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 March 29, 2024, 10:27 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.
