Uddrag fra ABG’s analyse af GomSpace:
- New contract signed, with ESG and growth purpose
- Worth SEK 21m, with expected deliver between FY’21-23
- Positive news, which illustrates high-margin orders
SEK 21m contract to supply 1x 12u satellite
The new contract with SpaceAble is based on GomSpace delivering one 12u satellite, with SpaceAble’s payload being mounted onto it. The contract is worth SEK 21m, with the project beginning in 2021 while having an expected delivery date in 2023 and launch date set for early 2024. After the launch, GomSpace will maintained the operations for one year. We expect to see revenue streams in FY’21, 22 and 23, with an estimated 10%, 45% and 45% split. This equals estimated revenues of SEK 2.1m in FY’21 (~1% of ABGSCe FY’21 revenues), SEK 9.45m in FY’22 ( ~3% of ABGSCe FY’22 revenues) and SEK 9.45m in FY’23 (~2% of ABGSCe FY’22 revenues).
ESG friendly mission, which support “new space” growth
The mission is designed to enhance the sustainability of LOE, by tracking the inherent risk of space weather, thanks to SpaceAble’s technology and GomSpace’s satellite platform. The large level idea is for SpaceAble to be able to provide the market with a comprehensive solution, which include both inspector satellites and critical space date, to strengthen the resilience of new constellations and decrease space debrief.
Generalt om Commissioned Research: Bemærk, at man bør se bort fra eventuelle kursestimater i såkaldt commissioned research, og den underliggende analyse skal også tolkes med forsigtighed, da negative aspekter ikke nødvendigvis fremhæves.
