Insider Brief:
- NuSpace and GomSpace signs MoU to develop an extended value proposition in Singapore NewSpace.
- The MoU leverages NuSpace’s expertise and experience in developing satellite as a service projects.
- GomSpace brings its over 15 years of experience delivering successful space missions and equipment to the deal.
PRESS RELEASE — February 15, 2023 — GomSpace has signed a Memorandum of Understanding (MoU) with NuSpace Pte. Ltd., a leading Singapore Space company providing Space-based infrastructures services (IOT & Connectivity). This MoU builds on NuSpace’s expertise and experience in developing satellite as a service projects and GomSpace’s more than 15 years of experience delivering successful space missions and equipment. By combining NuSpace’s local presence with GomSpace’s engineering expertise and space heritage, the parties can create an extended value proposition for Singapore’s NewSpace Ecosystem.
Zhen Ning Ng, CEO at NuSpace, said:
“We are pleased to have signed an MoU with GomSpace with extensive experience in space technology. Our partnership will leverage the respective strengths of our companies to create a joint approach to facilitate the development of space projects in Singapore. We hope that our collaboration with GomSpace will lead to the creation of innovative solutions that improve outcomes for various projects. We are excited to be working with GomSpace and look forward to the positive impact of this partnership.”
CFO & Interim CEO Troels Dalsgaard said:
“Our relationship with the NuSpace team started in 2010 with a university program. We engage in educational projects and advance into mission-oriented satellites. The long cooperation with NuSpace has allowed us to build trust and strengthen the relationship.”
Contact Information:
For more information, please contact:
Troels Dalsgaard (CFO & Interim CEO)
Tel: +45 31 50 11 82
E-mail: trn @ gomspace.com
SOURCE: GomSpace
Featured image: Credit: GomSpace
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