Danish smallsat company GomSpace / Ticker: GOMX
Hello reddit, I follow the company GomSpace. They started out in Denmark, and got listed in Nasdaq Sweden some years ago.
End of 2025 the received this: GomSpace A/S: GomSpace Secures 50MSEK Contract with Leading European Defense firm - No one on the forum I follow have been able to share who the contract is with. No name of the firm, no country.
Early this year some guys on forum i use (Nordnet, trading platform) found out that Ukraine would build their own smallsat constellation in order to have communication all over Ukraine, and not to be dependent on Elon Musk satellite systems.
Then in April, the information was sent to the market: GomSpace A/S: Danish company GomSpace and Ukrainian company STETMAN launch Joint Venture in Ukraine to develop sovereign satellite communication capabilities - But the size of this contract has been kept secret.
So we don't know if the 50MSEK is a part of this, or for something else.. So I wonder if any of you guys in here, would have an idea of this and maybe could share some insight or knowledge.
Thank you