GomSpace reports 9.8% increase in revenue for 2021, forecasts 30% increase in 2022 on strength of backlog

by Peter B. de Selding

PARIS — Merchant small satellite manufacturer GomSpace of Denmark and Sweden reported a 9.8% increase in revenue for 2021 and an influx of orders during the year would provide a 30% revenue boost in 2022.

GomSpace had told investors in November that its more-robust target for 2021 would not be met as the company dealt with the shortage of electronics components and the fact that it was unable to hire as many new employees as needed: https://bit.ly/3p0N1Qi

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