LA PLATA, Maryland — Small satellite manufacturing GomSpace of Denmark and Sweden reported a 43% increase in revenue and a 22% increase in adjusted EBITDA for the three months ending March 31 and booked a sizable net profit relating to a long-standing debt from an undisclosed satellite constellation startup.
The company said it expects to formalize a partnership with satellite ground terminal builder Stetman of Ukraine by June with a joint-venture agreement designed to unlock European Commission and private-sector financing of a constellation of broadband . . .
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