GomSpace Secures €2.2M Contract for Two Additional CubeSats with Unseenlabs
Event summary
- GomSpace has signed a €2.2 million (24.4 MSEK) contract with Unseenlabs to deliver two new CubeSats, expanding the service capacity of the current generation already in orbit.
- The satellites are scheduled for delivery in 2027 and will be similar to the fourteen CubeSats previously ordered in 2022, 2024, and 2025.
- Oliver Schieve, VP of Satellite Systems Business Unit at GomSpace, highlighted the strategic partnership and focus on reliability.
- Jonathan Galic, co-founder, President, and CTO of Unseenlabs, emphasized the benefits of continuing to build their infrastructure on a proven platform.
The big picture
This contract reinforces GomSpace's market outlook and supports the company's annual objectives, contributing to a solid backlog for 2026. The deal underscores the growing demand for reliable CubeSat platforms in the satellite technology sector, highlighting the strategic importance of long-term partnerships.
What we're watching
- Execution Risk
- How GomSpace will manage the delivery timeline and maintain reliability for Unseenlabs' expanding constellation.
- Market Dynamics
- Whether this contract signals a broader trend of increased demand for CubeSats in the satellite technology sector.
- Strategic Partnerships
- The pace at which GomSpace can secure additional contracts with other customers to strengthen its market position.