ESA and GomSpace Luxembourg sign contract for continued constellation management development

2019-08-23


Today, GomSpace’s subsidiary in Luxembourg and the European Space Agency (ESA) signed a development contract at a value of EUR 1,425,000 for GomSpace Luxembourg SARL’s continued development of the Mega-Constellation Operations Platform (MCOP) product.

The development of MCOP was initiated in 2018 (https://gomspace.com/news/gomspace-luxembourg-receives-development-cont.aspx) under the first development contract resulting in development of a minimum viable product focusing on scalability which was recently proven through the first operational deployment test.

The new contract will enable GomSpace to take constellation management and the MCOP product to the next level. Additional features will be added, including:

· Constellation level simulation and planning to optimize operations
· Increased automation to reduce operator workloads
· Improved visualisation and constellation level situational awareness

"Our customers are increasingly paying attention to the scaling and operational aspects of their constellation plans. Given that our MCOP offering is developing according to plan, we are able to respond with a compelling solution helping our customers to achieve lower lifetime costs and improved return on investment," says Niels Buus, CEO at GomSpace.

The contract is funded by the Luxembourg Space Agency through the Luxembourg National Space Programme LuxIMPULSE and it is being implemented through ESA.

Marc Serres of the Luxembourg Space Agency said: "We are pleased with GomSpace Luxembourg’s continued development as they are becoming an important part of the space ecosystem in Luxembourg and are bringing unique and innovative commercial offerings to the satcom market".

About GomSpace Luxembourg

GomSpace’s subsidiary in Luxembourg was established in 2017 to offer our customers operations as a service helping to maximize the value gained from operating and exploiting satellite-based infrastructures. Today, 15 skilled colleagues are working at the Luxembourg office.

About MCOP

MCOP (Mega-Constellation Operations Platform) manages the entire ground segment, from antennas to end-users. It facilitates satellite operations, network management and mission exploitation. Read more on GomSpace’s webpage. (https://gomspace.com/constellation-management-(1).aspx)

For more information, please contact:
Niels Buus (CEO)
Tel: +45 40 31 55 57
E-mail: 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, info@fnca.se, +46-8-528 00 399 is the Company’s Certified Adviser. For more information, please visit our website on www.gomspace.com.

Miscellaneous
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, 7.15 p.m. CET on August 23, 2019.

Please note that the view expressed herein can in no way be taken to reflect the official opinion of the European Space Agency.


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