DIDCOT, UK (GMV Innovating Solutions PR) — GMV Innovating Solutions Limited, the UK aerospace company belonging to GMV, has signed a merger agreement with Nottingham Scientific Limited (NSL). GMV trades in the aerospace, defense, ICT and intelligent-transportation-systems markets while NSL is UK leader in satellite navigation and critical applications. After the agreement GMV becomes sole shareholder of NSL and sets up the company GMV NSL, to be integrated seamlessly into GMV’s set of companies.
LUXEMBOURG (GomSpace PR) — GomSpace Luxembourg SARL and the European Space Agency (ESA), today signed a contract to continue development and implementation of the Juventas CubeSat in support of the Hera mission.
The contract value is approximately EUR 11,000,000, focused on delivery of the Juventas spacecraft and its associated payloads for launch with Hera in 2024. The amount will be divided between several partners, whereof GomSpace share is about EUR 6,100,000.