Unseenlabs orders four additional cube satellites from GomSpace
Today, GomSpace has signed a contract with Unseenlabs to deliver four additional cube satellites. The contract value is 3.5 MEUR (40 MSEK) and delivery of the satellites will be in Q2/Q3 2025.
These satellites will be similar to the eight cube satellites ordered in 2022 and 2024. Of those, five have already been launched, and the remaining three will be delivered by the end of 2024.
"It's always an extraordinary feeling when a partner returns for more of what they previously ordered. It's even better when they come back twice! This is a testament to the dedicated and consistent work from all GomSpace teams and the strength of a balanced partnership, which fosters deep strategic relationships. Expanding the constellation will help Unseenlabs strengthen its business, and we will always be by their side to help them achieve their ambitions," says Carsten Drachmann, CEO of GomSpace.
“With the experience and level of understanding of both Unseenlabs and GomSpace teams, we can go faster and constantly improve the way we serve our customers. With GomSpace’s ability to understand us and “live” Unseenlabs challenges as theirs, Unseenlabs teams can focus on what makes the difference: our own customers and service value creation.” says Jonathan Galic, cofounder, Président and CTO of Unseenlabs.
This contract solidifies the market guidance of positive free cashflow in the second half of 2024.
To clarify, this satellite order is not related to the Micro Satellite development contract announced on May 13, 2024. The number of Micro Satellites to be delivered is yet to be agreed between the partners, pending the first phases of design.
For more information, please contact:
Anne Breüner (Head of Corporate Affairs)
Phone: +45 40 200 192
E-mail: anbr @ 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, 9.00 a.m. CET on September 5, 2024.