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The ESA contract confirms confidence in GomSpace's technological leadership.
SECUSAT focuses on integrating next-generation cryptographic and secure communication protocols into GomSpace's space-proven subsystems.
The European Space Agency (ESA) has awarded a contract valued at €1.2 million to GomSpace for the development of an advanced, security-enhanced generation of its NanoCom product line.
The component purchase order from a global service provider for GomSpace North America is valued at $1.5 million.
The positive momentum for GomSpace is driven by consistent project delivery and steady demand for its nanosatellite platforms.
GomSpace's decision to suspend Free Cash Flow guidance reflects its commitment to financial transparency.
GomSpace is scheduled to provide a comprehensive review of its performance during the full-year earnings release on February 19, 2026.
GomSpace is a leading developer of small satellite solutions.
GomSpace has suspended its Free Cash Flow guidance due to year-end timing uncertainties.
GomSpace has provided an updated financial outlook for 2025.
GomSpace expects that the previously projected positive Free Cash Flow for the full year will not materialize as planned.
GomSpace anticipates that both revenue and EBITDA will land in the upper half of previously announced guidance ranges for 2025.
Carsten Drachmann is CEO of GomSpace.
The SECUSAT project aligns with GomSpace's strategy to expand its security-focused product portfolio for satellite missions.
GomSpace will lead a consortium of European partners with experience in cybersecurity, telecommunications, and space systems.
SECUSAT will integrate next-generation cryptographic functions and secure communication protocols directly into GomSpace's space-qualified subsystems.
SECUSAT will upgrade GomSpace communication and onboard computer products to address demand for resilient links in contested space and terrestrial environments.
GomSpace North America is a subsidiary of GomSpace Group AB.
A component purchase order valued at $1.5 million has been placed with GomSpace North America by a leading global service provider.
The order strengthens GomSpace’s role in enabling resilient multi-satellite mission architectures around the world.