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Unibap receives an ATP (Authorization to Proceed) from US distributor, Moog Inc.

Unibap's US distributor and technology licensee Moog Inc. has given Unibap an ATP (Authorization to Proceed) to start work on an expected hardware order with a value of MUSD 1.69 while the contractual details are being finalized. The expected order is for products within Unibap's iX10 platform, for delivery during the second quarter of 2023. The iX10 is based on the 14 nm AMD Ryzen V1000 family, which offers superior on-orbit processing performance and that are compatible with AMD's high-performance library (HPC) called ROCm.

The ATP received from Moog ensures that Unibap can initiate, and get compensation for, work related to the expected order, before a contract for that order has been signed. The ATP is not a confirmation that the order will be received. However, Unibap can now allocate resources and initiate work and the ATP ensures that Unibap will receive financial compensation for that work independently if the order is received or not.

 

- We have proved our proficiency with several in-orbit demonstrations of our iX5-100 computers, and as a result we also see a significant growth in market interest for our next-generation SpaceCloud® solutions in the iX10 family. With the announced deliveries and the collaboration with Moog, we continue our exciting and important journey with our next generation systems for on-orbit edge computing says Lena W Jansson, CEO

Uppsala October 8, 2022

For more information, please contact:

Lena W Jansson
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 October 8, 2022 at 09:50 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 is the Company's Certified Adviser.

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