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. For more information, please contact: Niels Buus (CEO) Tel: +45 40 31 55 57 Email: nbu @ gomspace.com 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.
ESA and GomSpace Sign Contract to Launch Advanced
Top 10 Most Recent News Articles
Tessa AI: Revolutionizing Biomedical Research with AI
Shaking Up Research Evaluation When Siensmetrica decided it was high time for a name change, morphing into Tessa AI wasn't just a cosmetic shift. It was a nod to what stakeholders were already calling it and laid the ground for a broader mission statement. They're not sitting on their hands; they're crafting tools that tackle the scientific life cycle from start to...
Continue Reading
Gourmia Introduces Ceramic-Coated Air Fryer at Costco
A New Era for Home Cooking with Gourmia Stepping into the kitchen appliances arena with a dash of innovation, Gourmia has launched its first ceramic-coated air fryer, and it’s weaving its way exclusively onto the shelves of Costco. Now, it’s not just about frying anymore; it’s about adding style, efficiency, and a touch of healthy living to your countertop. But much...
Continue Reading
Maven Pet's AI Paw-tnership: Changing Pet Care Landscape
AI in the World of Doggie Docs In today's tech-driven world, pet owners are turning to artificial intelligence like never before. Forget flipping through outdated dog-care books—nearly half of us are drilling ChatGPT for health tips on our four-legged pals. Yes, it seems we’re asking an AI about Rover's health more than some other major life decisions. But let's face...
Continue Reading
Truck Drivers USA & Career Driver Unveil New Driver Agent
Revolutionizing Driver-Carrier Connections In today's cranking transportation scene, Truck Drivers USA (TDUSA) and Career Driver have taken a bold step to change up the driver recruitment game. They've launched what's being labeled as the first 'driver agent' within the Career Driver mobile app. It's the talk of the town in Sherwood, Arkansas, these days. This isn't just...
Continue Reading
Laars Welcomes Women in Manufacturing to Facility Tour
Opening Doors and Minds in Manufacturing On October 15, Laars Heating Systems throws wide open its Rochester, N.H., facility to a group that's rewriting the rulebook: women in manufacturing. It's not just another day in the life of assembly lines and engineering desks, folks. This is about giving a platform to those often sidelined in the field of boilers and water...
Continue Reading
Oracle Announces AI-Driven QuickStart Platform Launch
NetSuite's AI-First Step into the Market Well, here's the NYSE stirring the pot with Oracle NetSuite's fresh announcement—an AI-first platform called QuickStart. Sounds like they've got their sights set on early-stage tech startups, banking on those little guys to plug into AI tools they've already got in their toolkit. Claude, ChatGPT—these aren't new kids on the...
Continue ReadingParadigm Therapeutics: A Beacon in Rare Diseases
A Step Towards Recognition You know the old saying: innovation never sleeps. Well, Paradigm Therapeutics seems to have taken that to heart. The company's embarked on a peculiar yet promising journey with SD-101 (Zorblesia™), and here they are, basking in the glow of another nomination for the 2026 Prix Galien USA "Best Start-Up" award. It’s their second shot at this...
Continue Reading
FCS Drives Key FDA Approvals in Cancer Treatment
Florida Cancer Specialists: Changing the Cancer Treatment Game Some organizations toot their horns, but every now and then, a group truly shakes up the playing field. Take Florida Cancer Specialists & Research Institute (FCS), for instance. Over years of relentless research, FCS has nailed its role in securing two significant FDA approvals aimed at expanding treatment...
Continue Reading
Franco-Nevada's Q3 Results Loom: Investors Ready
Gearing Up: Franco-Nevada's Q3 Numbers on the Horizon You know the drill! Franco-Nevada's third quarter results won't just trickle in—they'll set the tone for the months ahead. Mark your calendar: November 11th after the market closes is the magic hour when you'll get the skinny on their Q3 performance. The next morning, bright and early at 8:00 AM ET, they'll hash it...
Continue Reading
Simple Home Upgrades That Boost Value Fast
Transform Your Home's Curb Appeal Without Breaking The Bank Every homeowner knows that feeling when you look at your house one day and think, "This could use a little something." Say you're strolling through a neighborhood in Fulton, N.Y., and notice a gem. It's not a brand new build, but it gleams with character. You bet it's had a few smart touches that could apply...
Continue ReadingTop 5 Most Recently Viewed Articles
Kalmar Strengthens Ties with New Terminal Tractor Orders
Kalmar and Cagliari RoRo Terminal: A Partnership in Progress Kalmar Corporation has recently sealed a significant agreement with Cagliari RoRo Terminal to enhance operational efficiency by supplying a total of eight heavy terminal tractors. This order, logged in Kalmar’s second quarter 2025 intake, is set to be delivered in the fourth quarter of 2025, marking another...
Continue Reading
Revolutionizing Healthcare: Rocket Doctor Wins Clinical Innovator Award
Rocket Doctor Emerges as Clinical Innovator of the Year Rocket Doctor has garnered significant recognition for its innovative contributions to the field of digital healthcare. During the prestigious Innovators Challenge at NEXUS 2025, the company was honored as the Clinical Innovator of the Year. This acknowledgment reflects Rocket Doctor's commitment to transforming...
Continue Reading
Impressive Earnings Growth for Ohio Valley Banc in Q1 2025
Ohio Valley Banc Corp. Reports Strong Earnings Performance In a notable financial update, Ohio Valley Banc Corp. (NASDAQ: OVBC) has unveiled its impressive consolidated net income for the quarter ending March 31, showcasing a remarkable growth. This rise reflects an increase of $1,613,000, equivalent to 57.8%, compared to the same quarter the previous year, with a total...
Continue Reading
Reviva Pharmaceuticals Achieves Key Milestones in 2025
Reviva Pharmaceuticals Reports Progress on Brilaroxazine Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH), a leading late-stage pharmaceutical company, has recently shared its remarkable advancements and financial results for the second quarter of 2025. Focused on addressing unmet medical needs in central nervous system (CNS), inflammatory, and cardiometabolic...
Continue Reading
PAG Companies Expands Book Sales with Amazon Partnership
PAG Companies Enhances Book Sales Via Amazon Exciting New Partnership Recently, PAG Companies, LLC announced a significant enhancement to its book sales strategy by partnering with Amazon, marking a new chapter for the company's retail operations. This announcement was made by Mr. Anthony Wright, the company's CEO, who highlighted the promising advantages of this...
Continue Reading