Unibap AB (publ) has received an order from an emerging European smallsat integrator to deliver payload data processing units for a satellite constellation, commissioned by a European authority. Unibap's solution is based on the SpaceCloud iX5-family and includes software and hardware suitable for intelligent on-orbit edge computing. The order value is 1.7 MEUR with deliveries during 2023 up until Q2 2024. This order is the first part of a signed agreement with a total value of
6.2 MEUR. Remaining volume can be authorized in two steps, during 2023 and 2024, with deliveries 2024 and 2025, based on call-offs from the end customer.
UNIBAP RECEIVES A LARGE SPACECLOUD ORDER FOR A SATELLITE CONSTELLATION
Unibap AB (publ) has received an order from an emerging European smallsat integrator to deliver payload data processing units for a satellite constellation, commissioned by a European authority. Unibap's solution is based on the SpaceCloud iX5-family and includes software and hardware suitable for intelligent on-orbit edge computing. The order value is 1.7 MEUR with deliveries during 2023 up until Q2 2024. This order is the first part of a signed agreement with a total value of
6.2 MEUR. Remaining volume can be authorized in two steps, during 2023 and 2024, with deliveries 2024 and 2025, based on call-offs from the end customer.
- We are very pleased to take SpaceCloud to the next level in a European satellite constellation. This is in line with our communicated strategy and our plans to ramp up our production capacity during 2023. This is a significant milestone for the company, says Johan Åman, CEO.
Uppsala January 10, 2023
For more information, contact:
Johan Åman
CEO
+46 70 821 00 51
This information is by Unibap required to disclose under the EU Market Abuse Regulation. The information was submitted for publication on January 10, 2023 at 12:58 CET.
The following documents can be retrieved from beQuoted
PR-Order-Jan-10-2023.pdf
About Unibap
Unibap is a high-tech company that aims to automate and streamline industries on earth as well as in space. With smart solutions based on AI and robotics, we want to increase quality and productivity for our customers while eliminating dangerous tasks that today are performed manually. Unibap strives to have a positive impact on both society and the environment. The company's Quality Management System is certified according to SS-EN ISO 9001:2015. The company is listed at Nasdaq First North Growth Market.
For more information, please visit the Company's website unibap.com/en/
FNCA Sweden AB, is the Company's Certified Adviser.