GomSpace A/S: GomSpace secures important radio development project with ESA

The new radio products will support our customers to achieve a higher data return from their missions and more radio spectrum licensing options supporting a diverse set of mission applications. The products will be introduced into the "NanoCom Link" family of advanced radios, which are already performing very well on the market and creates significant earnings for GomSpace.

"Introducing new products is a key part of our strategy to continue growth in our product sales performance. The collaboration with ESA allows us to accelerate our roadmap implementation without increasing our cash investment in development, and we benefit from access to ESA experts in the development and qualification process.", Henrik Kalstrup, Vice President of Products Business Unit.

The project is supported through ESA's General Support Technology Program (GSTP) after competitive selection of project proposals and funded through the Danish contribution to ESA. It is co-funded through GSTP's Element 2, which aims to support and co-fund the design, development and demonstration of activities based on industry proposals. By supporting these market-oriented activities, Element 2 encourages more ideas and partnerships and ultimately leads to the most innovative technologies for European space industry.

The new radio products will not only be a product in the Products Business Unit but will also be an important building block in our complete satellite platform kits and solutions offered by GomSpace to commercial and national stakeholders with needs for state-of-the-art capabilities and reliability.

The project is aligned with the updated Danish Space Strategy from November 2024 linked to "Initiative 9: Efforts to commercialize Danish space research and technology development". Denmark has in January 2025 allocated more funding to ESA programs targeting technology development activities providing more opportunities for such projects for GomSpace in the future.

For more information, please contact:
Anne Breüner (Head of Corporate Affairs)
Tel: +45 40 200 192
E-mail: anbr @ 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

About the European Space Agency
The European Space Agency (ESA) provides Europe's gateway to space. ESA is an intergovernmental organisation, created in 1975, with the mission to shape the development of Europe's space capability and ensure that investment in space delivers benefits to the citizens of Europe and the world.ESA has 23 Member States: Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Romania, Slovenia, Spain, Sweden, Switzerland and the United Kingdom. Latvia, Lithuania and Slovakia are Associate Members. ESA has established formal cooperation with other four Member States of the EU. Canada takes part in some ESA programmes under a Cooperation Agreement.
By coordinating the financial and intellectual resources of its members, ESA can undertake programmes and activities far beyond the scope of any single European country. It is working in particular with the EU on implementing the Galileo and Copernicus programmes as well as with Eumetsat for the development of meteorological missions.

Learn more about ESA at www.esa.int