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Unibap concludes contract with European Space Agency (ESA) under the InCubed program for increased functionality in SpaceCloud

Unibap AB (publ.) is accelerating the rollout of its computer solutions and software for cloud computing and cloud services in space under the name SpaceCloud™. The European Space Agency (ESA) has selected Unibap's proposal under the InCubed programme for enhanced software functionality and standardization in Unibap's SpaceCloud™ Services framework. The project is implemented during April 2020 to December 2020 and has a value of approximately SEK 1.2 million. Unibap will in addition carry out marketing activities and business development to position Europe in downstream data driven value services. The project will also provide a basis for a possible expansion of a full-scale demonstration of SpaceCloud™ in a European in-orbit demonstration (IOD) satellite.

In the first phase of the project, Unibap will expand the SpaceCloud™ framework with initial core Applications to launch a data-driven business model for cloud services in space.

Unibap enables in-house or third-party application development for low latency data product generation within the SpaceCloud™ framework, e.g. precision agriculture, crisis management, forest fire detection, oil spill and data communication.

Marketing activities will also be implemented to stimulate the creation of Applications / Function modules within SpaceCloud™. This project expands further on Unibap's previous product investments and machine learning onboard computer solution being provided to NASA's Hyperspectral Thermal Imaging (HYTI) mission.

The project is supported by ESA's application centre for future Earth observation in Rome, Italy within the InCubed program.

- It is very gratifying to reap the rewards of our hard work and investment in our machine learning pipeline for space and industry. We see the synergy effects where we take A.I. methods and software from smart industry to space and can scale the business with the same type of virtual operators, albeit in completely different application areas, says CEO Fredrik Bruhn. SpaceCloud™ enables us and approved third-party vendors to quickly upload and deploy data analytics modules, like downloading apps to your phone.

Unibap is an ESA Business Incubator Centre Alumni (ESA BIC Sweden).

Uppsala 2020-03-27

For more information, please contact:

Dr. Fredrik Bruhn

CEO ceo@unibap.com
+46 707 83 32 15

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.

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

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