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GomSpace to add propulsion capabilities after agreeing to buy NanoSpace from Swedish Space Corporation

Connectivity BusinessbyConnectivity Business
August 19, 2016
in Uncategorized
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Danish startup GomSpace has capitalised on its soaring share price by agreeing to acquire Swedish smallsat propulsion specialist NanoSpace in exchange for stock. Under the terms of a LoI, the nanosatellite maker will issue 600,000 new GomSpace shares to seller Swedish Space Corporation (SSC), which equates to US$2.54m based on GomSpace’s closing price on the previous day of trading. Danish startup GomSpace (NASDAQ:GOMX) has […]

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Tags: Deep Space IndustriesEuropeGS SwedenNanoSpacePremiumSwedish Space Corporation
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