- Business
- GomSpace Group AB (publ) (STO:GOMX) designs, manufactures and integrates nanosatellites, CubeSats and small satellite platforms, subsystems and turnkey mission solutions for academic, government, defense, commercial and institutional customers worldwide. The company offers mission payloads; power systems including solar panels and batteries; communication systems with advanced miniaturized radio technology and software-defined radios; command and data handling subsystems; attitude and orbit control systems comprising magnetorquers, reaction wheels, GPS receivers and sun sensors; on-board computers; structures and deployment mechanisms; ground segment products; and inter-satellite links. It provides satellite operations services, including constellation management via its hands-off operations platform, systems integration and mission support for applications in global tracking, Internet of Things connectivity, maritime domain awareness, remote sensing, defense and security, science missions, Earth observation and planetary defense. GomSpace Group AB (publ) operates in more than 60 countries through facilities in Denmark, Sweden, Luxembourg, France, the United States and North America; founded in 2007, the company maintains global headquarters in Aalborg, Denmark. In 2025, the company secured multiple contracts including a 1.2 million euro agreement with the European Space Agency for the SECUSAT secure communications project, an 8.4 million Swedish krona contract for Europe's planetary defense strategy, a 760,000 euro ESA award for satellite software innovation, 2.1 million euro extensions for accelerated delivery of two satellites to a confidential European tech firm, a 22 million Swedish krona deal with Unseenlabs for maritime surveillance, a USD 1.5 million North American order and a strategic production partnership with NECAS to expand capacity; it also drew down 6 million euros under a shareholder credit facility to support growth and inventory for reduced lead times.