GomSpace secures new innovation project from Innovation Fund Denmark

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9/20/2017


GomSpace secures new innovation project from Innovation Fund Denmark

Today GomSpace A/S - a subsidiary of GomSpace Group AB (the ”Company”) together with Aalborg University and Pri-Dana Electronics A/S signed a contract with the Danish Innovation Fund for the Modular Advanced Radio for Satellite Services (MARS2) project. Under this project the partners will collaborate to develop unique technology, production capability and products to enable high bandwidth communication applications of nanosatellites. Innovation Fund Denmark is supporting the project with 27.000.000 DKK whereof GomSpace’s direct share is 10.000.000 DKK. The project will be executed over a 4 year period.

For more information, please contact:
Niels Buus (CEO)
Tel: +45 40 31 55 57
Email: nbu @ 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    

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|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, 09:00 |
|a.m. CET on September 20, 2017. |
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