Nanosatellite builder GomSpace invests to move from prototypes to industrial production

by Peter B. de Selding

MANCHESTER, England — Nanosatellite builder GomSpace reported a 73% increase in revenue but a large operating loss in the three months ending March 31 as the company incurs the cost of its fast growth.

GomSpace, based in Aalborg, Denmark, with a new office in Singapore and branches in Sweden and Washington, D.C., has nearly tripled its headcount in the past year, with 95 employees as of March 31.

The company is 10 years old but it’s only in the past couple of years that it has appeared to . . .

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