#Denmark #Aalborg #GomSpace #Microsatellite #Unseenlabs

GomSpace Secures €815,000 Authorization to Proceed for Next Constellation

GomSpace, a prominent player in the small satellite solutions market, has recently received an Authorization to Proceed (ATP) valued at €815,000 (approximately 8.8 MSEK) from Unseenlabs, a leading European provider specializing in maritime surveillance and radio-frequency intelligence services. This crucial ATP allows GomSpace to commence the procurement of essential components necessary for the upcoming tranche of Unseenlabs' microsatellite constellation.

This early authorization signifies an important achievement for both companies, as it not only secures the production timeline but also protects the targeted launch schedule. Furthermore, this step guarantees on-time and quality delivery of future spacecraft. The full contract is expected to be signed in the second quarter of the year, solidifying their collaborative efforts.

According to Carsten Drachmann, CEO of GomSpace, "Our long-term partnership with Unseenlabs is built on trust, agility, and a shared commitment to industrial excellence. By anticipating component procurement and accelerating early phases of the program, we help our customers de-risk their roadmap and meet ambitious deployment timelines. This approach is deeply embedded in GomSpace's DNA."

The ATP is part of a broader program framework between Unseenlabs and GomSpace that reflects the growing demand for resilient and high-performance RF intelligence assets not only in Europe but on a global scale. With expectations of increased maritime surveillance needs, this initiative positions both companies well within the burgeoning satellite sector.

GomSpace, founded in 2007, operates globally, offering small satellite solutions with a customer base spanning over 60 countries. The company primarily conducts its business through its wholly owned Danish subsidiary, GomSpace A/S. Its operational headquarters, along with facilities, are located in Aalborg, Denmark, with significant operations also in Luxembourg, France, and the United States. By developing and delivering advanced systems and services, GomSpace aims to assist governments, commercial enterprises, and research institutions in achieving their objectives in space.

The company specializes in satellite subsystems, complete small satellite missions, and satellite operations, providing solutions that make access to space smarter, faster, and more cost-effective. GomSpace is publicly traded on the Nasdaq First North Premier Growth Market in Stockholm under the ticker symbol GOMX.

For further inquiries, Anne Breüner, Head of Corporate Affairs, can be reached at +45 40 200 192 or via email at [email protected]. Additionally, Caroline Schwob, the Marketing and Communication Director, can be contacted at +33 680 042 226 or [email protected] for marketing-related queries.

In conclusion, this ATP marks a key milestone for GomSpace and Unseenlabs, aligning with their strategic goals and reflecting the dynamic nature of the satellite industry. As the partnership develops, both companies are well-positioned to meet the needs of the evolving market, ensuring they remain at the forefront of innovation in the aerospace sector.