NuSpace and GomSpace signs MoU to develop an extended value proposition in Singapore NewSpace

Written by Copernical Team Tuesday, 21 February 2023 10:31

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Aalborg, Denmark (SPX) Feb 20, 2023

GomSpace, a satellite company, has signed a Memorandum of Understanding (MoU) with NuSpace Pte. Ltd, a Singapore-based company providing space-based infrastructure services. The partnership will allow the parties to develop space projects in Singapore, leveraging NuSpace's expertise in satellite as a service and GomSpace's experience in delivering space missions and equipment. The combinat

NuSpace and GomSpace signs MoU to develop an extended value proposition in Singapore NewSpace
by Staff Writers
Aalborg, Denmark (SPX) Feb 20, 2023

GomSpace, a satellite company, has signed a Memorandum of Understanding (MoU) with NuSpace Pte. Ltd, a Singapore-based company providing space-based infrastructure services. The partnership will allow the parties to develop space projects in Singapore, leveraging NuSpace's expertise in satellite as a service and GomSpace's experience in delivering space missions and equipment.

The combination of NuSpace's local presence and GomSpace's engineering expertise will create a joint approach to facilitate the development of space projects in Singapore. The partnership is expected to lead to the creation of innovative solutions that improve outcomes for various projects.

Zhen Ning Ng, CEO at NuSpace, expressed enthusiasm for the collaboration. "We are pleased to have signed an MoU with GomSpace with extensive experience in space technology. Our partnership will leverage the respective strengths of our companies to create a joint approach to facilitate the development of space projects in Singapore. We hope that our collaboration with GomSpace will lead to the creation of innovative solutions that improve outcomes for various projects. We are excited to be working with GomSpace and look forward to the positive impact of this partnership."

CFO and Interim CEO Troels Dalsgaard said: "Our relationship with the NuSpace team started in 2010 with a university program. We engage in educational projects and advance into mission-oriented satellites. The long cooperation with NuSpace has allowed us to build trust and strengthen the relationship."

GomSpace has been delivering successful space missions and equipment for over 15 years, while NuSpace is a leading Singaporean company providing IOT and connectivity infrastructure services. The combination of the two companies' expertise will create an extended value proposition for Singapore's NewSpace Ecosystem. The partnership between GomSpace and NuSpace is expected to provide innovative space solutions to drive growth and development for various projects in Singapore.