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NuSpace and GomSpace’s MoU will develop an extended value proposition for Singapore’s NewSpace Ecosystem

February 23, 2023

IoT Connectivity Services
NuSpace provides connectivity across the Southeast Asia region, enabling large-scale sensor-to-satellite IoT applications anywhere anytime.

GomSpace has signed a Memorandum of Understanding (MoU) with NuSpace Pte. Ltd., a
Singapore Space company providing Space-based infrastructures services (IOT & Connectivity). This MoU builds on NuSpace’s expertise and experience in developing satellite as service projects and GomSpace’s more than 15 years of experience delivering successful space missions and equipment. By combining NuSpace’s local presence with GomSpace’s engineering expertise and space heritage, the parties can create an extended value proposition for Singapore’s NewSpace Ecosystem.

GomSpace’s IoT: Together with the space segment system we help design and put in production corresponding ground terminals for the IoT solution.

Zhen Ning Ng, CEO at NuSpace, said, “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 & Interim CEO Troels Dalsgaard added, “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.”

Filed Under: Business & Finance, Satellite Communications

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