SpaceNews Magazine reports from the 39[th] Space Symposium in Colorado Spring, highlighting that SAIC has been tasked by Pentagon to develop and deploy a satellite to demonstrate cutting-edge technologies in space, including artificial intelligence and machine learning, edge computing and software-defined radio communications with a "zero-trust" cybersecurity architecture. The spacecraft is projected to launch in 2025 "to serve as proof of concept for new capabilities."

Link to article: https://spacenews.com/saic-lands-pentagon-contract-for-ai-powered-small-satellite-partnering-with-gomspace/

"We are very excited to be involved with our partners at SAIC in this important mission for the Office of the Secretary of Defence," said Frank Tobin, President and CEO of GomSpace North America.

GomSpace CEO, Carsten Drachmann comments: "As part of announced strategy to expand in North America, our US team lead by Frank Tobin, have over the past year diligently collaborated with SAIC to establish a unified platform tailored to meet the specific requirements of government entities in the USA. I am thrilled that SAIC has successfully secured the inaugural contract for their proof of concept, marking an important milestone in our partnership".

GomSpace clarifies that the recent announcement, as reported by SpaceNews, is a continuation of the progress outlined in the company's March 12, 2024, press release regarding the Satellite Partnership with SAIC in North America. While this development does not represent a new order for GomSpace presently, it represents a significant milestone in the efforts to establish a robust market presence and future growth trajectory within the United States.

For more information, please contact:
Anne Breüner (Head of Corporate Affairs)
Tel: +45 40 200 192
E-mail: anbr @ gomspace.com

About GomSpace Group AB
The company's business operations are mainly 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.