GomSpace is a space company that manufactures and operates nanosatellites, offering products and services in the global market for space systems. They specialize in nanosatellite platforms, systems integration, constellation operations management, and miniaturized radio technology. GomSpace serves customers in the defense, academic, government, and commercial markets and has collaborated with organizations like the European Space Agency (ESA) and Startical. Their offerings also include the Hands-Off Operations Platform (HOOP) for satellite operations and space traffic management solutions.
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GomSpace is continuing to build up engineering capacity to support ongoing work with the European Space Agency across Denmark, Luxembourg, and Sweden.
GomSpace signed a development contract with the European Space Agency in December 2018 to initiate the GOMX-5 satellite mission.
GomSpace (Denmark) will provide a Ka-band inter-satellite link for the GOMX-5 mission.
The contract signed between GomSpace and ESA in December 2018 covers design and specification work planned for 2019.
GomSpace’s subsidiary in Luxembourg and the European Space Agency signed a EUR 400,000 contract for the Phase A design of the Miniaturised Asteroid Remote Geophysical Observer (M-ARGO) mission.
LandSpace previously signed a contract with Gomspace of Denmark to provide launch service with a launch vehicle named LS-1, a project that was canceled and replaced by the Zhuque-1 rocket.
Sky and Space Global planned to buy more satellites from GomSpace despite its funding challenges.
GomSpace received the missed $2,300,000 payment on 2019-03-05.
The tentative agreement for more satellites requires Sky and Space Global to provide GomSpace with advance payments and financial assurance for payments.
Sky and Space Global missed a $2,300,000 payment to cubesat builder GomSpace in December.
GomSpace provided the satellite platform that integrates TESAT’s optical terminal for the PIXL demonstration mission.
GomSpace planned in its 2018 annual report to begin large-scale manufacturing of nanosatellites and establish facilities to produce as many as 350 satellites per year.
GomSpace Group AB received the full T.SEK 20,551 payment in its bank account on 2019-03-05.
GomSpace Group AB stated that the received payment does not have an impact on its 2018 financials.
GomSpace Group AB received a payment of T.SEK 20,551 from customer Sky and Space Global.
Niels Buus is the CEO of GomSpace Group AB and can be contacted at +45 40 31 55 57 and nbu@gomspace.com.
GomSpace Group AB published an interim report for the fourth quarter 2018 on 2019-02-28 that disclosed the T.SEK 20,551 payment had not been received as anticipated during the fourth quarter 2018.
2Operate’s AI-based product 2Solve was evaluated using GomSpace’s GOMX-4 satellite mission and Aarhus University’s Delfini-1 mission.
GomSpace is the project prime responsible for delivering the Juventas spacecraft and mission design.
Juventas is the first nanosatellite developed for deep space missions by GomSpace.