GomSpace Receives Payment for the Critical Design Review from Sky and Space Global

STOCKHOLM, March 5, 2019 /PRNewswire/ -- GomSpace Group AB (the "Company") comments on information given in the interim report for the fourth quarter 2018 published on 28 February in which it was disclosed that a payment of T.SEK 20,551 from our customer Sky and Space Global had not been received as anticipated during the fourth quarter 2018.

Today, the full amount has been transferred to our bank account, the amount covers payment for the critical design review.

The payment does not have an impact on our 2018 financials and the situation does not have an impact on our long-term ambitions.

For more information, please contact: 

Niels Buus (CEO)

Tel: +45-40-31-55-57

Email: nbu@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, info@fnca.se, +46-8-528 00 399 is the Company's Certified Adviser. For more information, please visit our website on www.gomspace.com.

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