Microsat (ISRO)

GomSpace Q1 2023 Report and Status Update

Retrieved on: 
Friday, May 26, 2023

STOCKHOLM, May 26, 2023 /PRNewswire/ -- GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitability

Key Points: 
  • STOCKHOLM, May 26, 2023 /PRNewswire/ -- GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitability
    Changed model for market guidance from Revenue and EBIT, to focus on Free Cashflow.
  • "Since my start in mid-March this year, I have worked with our organization on how to transform GomSpace towards a more stable financial situation.
  • Focus on project profitability and best fit - Identify what customer projects are best suited to GomSpace.
  • My focus short term is on making the best business decisions for GomSpace to create a more financially viable situation.

GomSpace Q1 2023 Report and Status Update

Retrieved on: 
Friday, May 26, 2023

STOCKHOLM, May 26, 2023 /PRNewswire/ -- GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitability

Key Points: 
  • STOCKHOLM, May 26, 2023 /PRNewswire/ -- GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitability
    Changed model for market guidance from Revenue and EBIT, to focus on Free Cashflow.
  • "Since my start in mid-March this year, I have worked with our organization on how to transform GomSpace towards a more stable financial situation.
  • Focus on project profitability and best fit - Identify what customer projects are best suited to GomSpace.
  • My focus short term is on making the best business decisions for GomSpace to create a more financially viable situation.

SAIC & GomSpace signs Memorandum of Understanding

Retrieved on: 
Tuesday, April 18, 2023

AALBORG, Denmark, April 18, 2023 /PRNewswire/ -- Science Applications International Corp. (NYSE: SAIC) and GomSpace Group AB (GOMX) today signed a strategic partnership to provide government and commercial customers in the Americas with new space-based mission capabilities leveraging CubeSat's and SmallSats. This partnership combines SAIC's expansive mission domain knowledge, engineering, software, and integration capabilities, with GomSpace's spacecraft technologies to achieve best-in-class solutions which can be rapidly deployed.  The partnership will also deliver system elements such as software products, spacecraft components, fully integrated spacecraft, reliable in-orbit services and mission operations. SAIC becomes the exclusive U.S. integrator of GomSpace satellites and licensed product distributor, services reseller and space vehicle and mission integrator for GomSpace's U.S. Government customers.

Key Points: 
  • SAIC & GomSpace will partner for CubeSat, MicroSat and SmallSats Systems and Solutions for the Americas market.
  • SAIC becomes the exclusive U.S. integrator of GomSpace satellites and licensed product distributor, services reseller and space vehicle and mission integrator for GomSpace's U.S. Government customers.
  • The agreement, a Memorandum of Understanding, was signed at the Space Symposium in Colorado Springs, by David Ray, SAIC Senior Vice President of Space, and Frank Tobin, Executive Chairman of GomSpace North America.
  • SAIC is investing in a Space Systems Development Center within its 300,000 square foot Integration Facility in Charleston, South Carolina.

Sidus Space Engages Dawn Aerospace to Implement Propulsion Technology into LizzieSat™

Retrieved on: 
Tuesday, November 1, 2022

Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on mission critical hardware manufacturing combined with commercial satellite design, manufacture, launch, and data collection, announced agreement with Dawn Aerospace (Dawn) to implement its green, chemical propulsion technology into LizzieSat.

Key Points: 
  • Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on mission critical hardware manufacturing combined with commercial satellite design, manufacture, launch, and data collection, announced agreement with Dawn Aerospace (Dawn) to implement its green, chemical propulsion technology into LizzieSat.
  • Among the novel characteristics of Sidus Spaces proprietary LizzieSat is that its size allows Sidus to include propulsion and provide precision pointing and maneuvering otherwise not available to smaller cubesats.
  • Dawn is a space transportation company, specializing in non-toxic chemical satellite propulsion and sustainable space launch.
  • We look forward to partnering with Sidus Space to enable propulsion for their missions, said Jeroen Wink, Dawn Co-founder.

Blue Canyon Technologies Celebrates 1st Anniversary with Raytheon Intelligence & Space

Retrieved on: 
Tuesday, December 21, 2021

Small satellite manufacturer and mission services provider Blue Canyon Technologies LLC, a wholly-owned subsidiary of Raytheon Technologies, celebrates its first anniversary with Raytheon Intelligence & Space, one of the four RTX businesses, which specializes in developing advanced sensors, cyber and software solutions.

Key Points: 
  • Small satellite manufacturer and mission services provider Blue Canyon Technologies LLC, a wholly-owned subsidiary of Raytheon Technologies, celebrates its first anniversary with Raytheon Intelligence & Space, one of the four RTX businesses, which specializes in developing advanced sensors, cyber and software solutions.
  • Coupled with our existing capabilities, Blue Canyon Technologies allows us to provide end-to-end space mission solutions to our customers, said Paul Meyer, vice president, Space & C2 Systems, Raytheon Intelligence & Space.
  • Raytheon Intelligence & Space delivers the disruptive technologies our customers need to succeed in any domain, against any challenge.
  • Raytheon Intelligence & Space is one of four businesses that form Raytheon Technologies Corporation.