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Unibap AB (publ) has received a new order from Italian space company D-Orbit of 456 kEUR, with deliveries in 2024 and services over the following two years, with payments structured over two years. The order comes after previously successful missions using Unibap's SpaceCloud® on D-Orbit's ION Satellite Carrier.
D-Orbit and Unibap have had a fruitful partnership since 2021, with two successful missions, on ION SCV003 and ION SCV004, establishing a cloud platform designed to provide distributed high-performance data analytics computing and storage capabilities in space. D-orbit has now elected to design-in SpaceCloud® iX5 in their upcoming missions.
- Our collaboration with D-Orbit is a resounding success. Together we have achieved Technology Readiness Level 9 for our SpaceCloud® iX5 through successful orbital operations. We have also jointly demonstrated the strength of Unibap's easy-to-use Open Platform Computing with more than 40 over-the-air uploaded in-orbit demonstrations of 3rd party software applications, allowing results to be sent back to users in record time.
In addition, together we have verified a business model for SW-defined virtual payloads and demonstrated very short turnaround time. From Unibap's perspective we are excited that D-Orbit places their trust in us as a supplier, and that the new business model has become an integral part of their strategy, says Johan Åman, CEO of Unibap. - We are pleased to continue our partnership with Unibap, a collaboration that has proven its value through tangible achievements and steady progress, enabling our customers to make meaningful, data-driven in-orbit demonstrations accelerating the development of their software products in a digital environment of the near future, commented Viny Dhiri, Head of Business Development for Advanced Services at the UK branch of D-Orbit. Our journey with Unibap has been one of mutual growth and learning, and we look forward to the advancements our continued collaboration will bring to the industry.
For more information, please contact:
Johan Åman
CEO
+46 70 821 00 51
This information constitutes information that Unibap AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on March 29, 2024, 10:10 CEST.
About Unibap
Unibap is a high-tech company offering advanced solutions for Edge Computing and Cloud Computing in space. Our SpaceCloud® offering consists of hardware, software and services that transform the space industry by establishing a new standard for AI and cloud solutions in satellites. The company's quality management system is certified according to SS-EN ISO 9001:2015. The company is listed on Nasdaq First North Growth Market.
For more information, please visit the Company's website unibap.com
FNCA Sweden AB is the Company's Certified Adviser.