SpaceQuest places order for two advanced nanosatellite platforms from GomSpace

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5/22/2017


SpaceQuest places order for two advanced nanosatellite platforms from GomSpace

May 22, 2017 – GomSpace ApS (”GomSpace”) a subsidiary of GomSpace Group AB (publ) (the ”Company”) has entered a delivery contract with the American company SpaceQuest, Ltd.

SpaceQuest, one of the pioneers and leaders in microsatellite technologies and solutions, has placed an order with GomSpace for the delivery of two advanced 3U nanosatellite platforms, associated software and payload components for a total amount of USD $325,000. The nanosatellite platforms will feature fully flight proven core subsystems as well as GomSpace’s state-of-the-art Software Defined Radio solutions.

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 ApS, 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.

About SpaceQuest, Ltd.

SpaceQuest was an early innovator of microsatellites and today is a leading developer of microsatellites and advanced satellite technologies for government, university and commercial customers. It specializes in the design, development, testing and manufacture of spacecraft as well as space and ground components for operation with low-Earth orbiting satellites. Since its inception, SpaceQuest has built and launched 18 satellites, manufactured and delivered hundreds of satellite components for dozens of customers, and helped pioneer the collection of global AIS data from space.

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, 15.:30 |
|CET on May 22, 2017. |
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