STOCKHOLM--ESA and GomSpace Sign Contract to Launch Advanced Nanosatellite.
GomSpace and ESA have signed a contract to continue development, launch and operations of the GOMX-4B spacecraft to be launched before the end of 2017. The satellite will demonstrate key capabilities required for future nano-satellite constellations. The contract value is 1.2 M€.
The satellite will be a so called 6U cubesat with dimension of 20x30x10 cm and weight of approximately 8 kilograms. The satellite will be launched together with another satellite GOMX-4A and the mission is to demonstrate inter-satellite linking and station keeping capabilities; key enabling technologies for future nanosatellite constellations.
GomSpace is the project prime responsible for the satellite platform, the inter-satellite linking radio communication subsystem and integration of partner contributions. NanoSpace from Sweden is one of the project partners and they will provide the cold-gas propulsion system for station keeping.
“The GOMX-4B satellite is the most advanced satellite design we have initiated to date and we are very happy that ESA will participate in this project that will demonstrate possibilities of satellites flying in formation, assess the tandem effect synergy that open the doors to commercial opportunities for using the platform in future constellations for our customers. We are very happy to work with ESA and together take the nanosatellite technology to a new level”, says CEO, Niels Buus, from GomSpace.
The GOMX-4B program was initiated in November 2015 and the Preliminary Design Phase was approved by ESA in May 2016. The new contract covers detailed design, manufacture, integration, launch and satellite operations. Launch is scheduled for the end of 2017 with planned mission operations to be completed within 2018.
“We are very happy to have signed this contract with GomSpace and are certain that the GOMX-4B mission will significantly advance the state-of-the-art of nanosatellite capabilities in view of future operational missions following on from the hightly successful GOMX-3 mission now coming to an end”, says Dr. Roger Walker, from ESA.
About GS Sweden AB
The Company’s business operations are 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.
This information is information that GS Sweden AB 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(s) set out above, at [10th October] CET on [10:00 AM] 2016.
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