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Unibap and AI Sweden will establish SpaceEdge and receives funding from the Swedish National Space Agency

Unibap AB (publ) has received funding of 4 MSEK million from the Swedish National Space Agency (SNSA) to set up a SpaceCloud testbed at the AI Sweden Edge Lab in Gothenburg called SpaceEdge. SpaceEdge is the world's first testbed for space app development with the possibility to upload apps to SpaceCloud in-orbit. SpaceEdge is a long term partnership between Unibap and AI Sweden, where the first development phase of the testbed will take place from April 2022 to April 2023.

The SpaceEdge project also includes studying the technical possibilities for the next generation of supercomputers in space with the capacity to train new AI abilities in-orbit, without the need for re-training on Earth.

The coordination of SpaceEdge is hosted by AI Sweden in Gothenburg and will be financed in part by the project funds from SNSA. As a part of the commitment for SpaceEdge, Unibap will provide equipment and training for AI Sweden's members. SpaceEdge will be an internationally leading site for the development of AI applications for space and open new possibilities to test new data-driven commercial ideas and applications in space. This gives the tech community of Sweden a new short track to space.

- We are incredibly pleased to present this collaboration with AI Sweden: SpaceEdge. We are now establishing a fast track for AI Sweden's members to allow rapid application development and testing in space with the same simplicity as regular cloud services. SpaceEdge can be seen as an incubator for apps, but instead of developing apps for smartphones, they are developed for SpaceCloud based satellites. AI Sweden's connection to the Swedish Space Data Lab provides access to historical data for training AI apps that can contribute to climate research, general Earth observation, space situational awareness or societal security. The fact that we already have SpaceCloud onboard satellites in space gives SpaceEdge uniqueness. The path to space for new services has never been so easy, says Lena W Jansson, acting CEO at Unibap.

- In an analogy with the IT revolution, we are now at the point that space via SpaceCloud becomes a new layer on the internet with basically the same accessibility and possibilities. So it is very gratifying that Sweden is taking a leading position through this national initiative and platform for collaboration. For Unibap, it is also a clear signal that our commercial SpaceCloud customers and collaborative projects with the European Space Agency (ESA), NASA and most recently, the Japanese Space Agency (JAXA) are having an impact, says Mathias Persson, VP Space, at Unibap.

SpaceCloud has, as earlier communicated, been developed and validated with support from the ESA Incubed, GSTP och Artes BASS programs.

Uppsala March 14, 2022

For more information, contact:

Lena W Jansson

Acting CEO ceo@unibap.com

+46 72 450 15 15

This information is by Unibap required to disclose under the EU Market Abuse Regulation. The information was submitted for publication on March 14, 2022 at 08:45 CET.

About Unibap

Unibap is a high-tech company that aims to automate and streamline industries on earth as well as in space. With smart solutions based on AI and robotics, we want to increase quality and productivity for our customers while eliminating dangerous tasks that today are performed manually. Unibap strives to have a positive impact on both society and the environment. The company's Quality Management System is certified according to SS-EN ISO 9001:2015. The company is listed at Nasdaq First North Growth Market.

For more information, please visit the Company's website unibap.com/en/

FNCA Sweden AB, +46 8-528 00 399, info@fnca.se, is the Company's Certified Adviser.

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