Small satellite builder GomSpace reports large increase revenue and orders, with accent on science missions

by Peter B. de Selding

PARIS — Small satellite manufacturer GomSpace of Denmark and Sweden more than doubled its revenue and reported a reduced operating loss for the three months ending Sept. 30, showing further evidence of stabilizing its business.

The improved prospects after having digested the problems with startup constellations Sky and Space Global and GomSpace’s affiliate, Aerial & Maritime Ltd., and an increased focus on government business.

The 22-nation European Space Agency (ESA) accounted for 42% of GomSpace’s Q3 revenue, compared to . . .

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