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GOMspace

GOMspace

GomSpace A/S: GomSpace signs a three-party cooperation contract to develop science and technology activities with the Colombian Air force and CODALTEC

12:46 / 22 December 2020 GOMspace Press release

GomSpace has signed the second FACSAT-2 contract to support advanced science and technology activities to enhance the satellite capabilities of the Colombian Airforce. The contract and collaboration consist of a three-party agreement between CODALTEC / Colombian Air Force ("FAC") and GomSpace to continue the FACSAT-2 satellite mission and associated intensive virtual technology transfer program. The contract is worth 3.91 MSEK (472.800USD) and will be delivered during the second half of 2021.

The FACSAT-2 project comprises design, manufacture, test, and operation of an advanced 6U remote sensing spacecraft. The program will build on the successful collaboration established and local capability built during the FACSAT-1 program under which a Colombian 3U satellite was launched in 2018 and is today in continued operation by FAC.

The science and technology contract covers to a certain extent the critical design phase. The specific objectives of this contract are focused on joining efforts for the development of the technology and knowledge transfer program and co-development of the required documentation in the critical design phase of the mission.

The present contract shall be seen as an add on to the contract announced in October 2020.

"We are happy to continue our activities with FAC and Colombia as we ramp up the FACSAT-2 project" - says Niels Buus, CEO of GomSpace.

Nanosatellite technology is in continuous development unlocking increasing potential for national states to build operational space-based capabilities at a much-reduced cost compared to traditional space programs.

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.

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