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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ESA and GomSpace have signed a contract to develop a 6U nanosatellite named Juventas for the HERA mission.
GomSpace expected to receive the remaining 20.6 million Swedish Krona owed by Sky and Space Global before the end of 2018.
GomSpace notified shareholders on 2019-01-04 that Sky and Space Global had not completed the payment and that a new payment plan was being developed to accommodate Sky and Space Global’s limited cash flow.
Sky and Space Global paid about one third of a 30.9 million Swedish Krona invoice due to GomSpace during GomSpace’s third quarter, which ended 2018-09-30.
GomSpace’s third quarter interim report disclosed that a payment of T.SEK 20,592 from Sky and Space Global was expected to be received during the fourth quarter 2018.
The present contract between GomSpace and ESA covers design and specification work planned for 2019.
GomSpace signed a €300,000 development contract with the European Space Agency to initiate the GOMX-5 satellite mission.
The last day of trading in GomSpace Group’s paid-up subscribed shares GOMX BTA was 2018-12-17.
Landspace had previously planned to launch a different vehicle named LS-1 and signed a 2017 contract with Nordic company GOMspace to offer rideshare opportunities from Wenchang launch center.
Danish company GomSpace is building the Kleos Scouting Mission nanosatellites under a 2.42-million-euro contract announced in July 2018.
GomSpace is transitioning from prototype to serial production of nanosatellites.
GomSpace has produced thousands of components for commercial, academic, defense, and security markets, including for ESA and NASA.
GomSpace aims to ramp up its production capacity to one nanosatellite per day.
GomSpace has appointed Peter Høy as Chief Production Officer effective from August 15.
Niels Buus is the CEO of GomSpace.
GomSpace is facing orders worth hundreds of millions of Danish Kroner.
Peter Høy has served as Production Director at GomSpace since September 2017.
GomSpace's current production capacity is one satellite per week.
Nanosatellite constellation orders from Sky and Space Global, Aistech Space, and Aerial & Maritime will dominate GomSpace's serial production.
GomSpace currently has a combined order book and pipeline for 500-700 nanosatellites.