PARIS — Merchant small-satellite systems provider GomSpace maintained its forecast of a 26% increase in revenue for 2020, thanks mainly to the fact that government business has made up the slack in commercial orders.
That same government business, led by the 22-nation European Space Agency (ESA), which is GomSpace’s biggest customer, has insulated the company from the Covid-19 pandemic. ESA accounted for 29% of GomSpace’s revenue for the first six months of 2020.
Reporting the company’s Q2 financial results, Chief . . .
To view the entire article, become a subscriber!