CEO confirms restructuring is completed Focus on quality customers Long-term market potential remains attractive
ANNONS
Today, we had the pleasure of hosting the CEO and CFO of GomSpace, Niels Buus and Troels Dalgaard Nørmølle, at our virtual Danish small/mid-cap seminar. During our seminar the CEO confirmed that the turbulence which the company encountered in 2019 (due to a key customer not being able to finance their ordered project) is now in the past. GomSpace has restructured and moved on in terms of securing new quality customers and contract requirements, securing that a similar scenario will not happen in the future.
Look further out, the CEO remain very confident that the long-term market opportunities for “new space” is strong, driven by the internet of things and the continued strong focus which the utilization of nanosatellites are seeing from e.g. corporations and government bodies.