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Unibap AB (publ) has received a follow-on order from Loft Orbital SAS to provide next generation SpaceCloud® solutions, including the iX10, for Loft Orbital's satellites. The order value is 845 KEUR, with final delivery scheduled for May in 2023.
Loft orbital has placed a contract with Unibap to use SpaceCloud® infrastructure on several satellite missions scheduled for launch in 2023. Loft orbital will utilize Unibap's solutions in the Payload ata Processing Unit to enable in-orbit cloud, storage, and edge data processing of sensor data. Unibap will deliver engineering and flight model hardware of the next generation SpaceCloud infrastructure solution iX10.
"This contract is a great example of the rapidly evolving space edge computing market and Unibap's leading position in the space industry. Unibap's ability to deliver state-of-the-art processing solutions will continue to drive and enable our customers and partners to address new data driven markets and offer new products and services. In order to meet the demand, Unibap will continue to ramp up the production throughput to enable customer scale-up of SpaceCloud" says Lena W Jansson, CEO at Unibap.
"We are excited to continue using SpaceCloud® following the successful integration of the iX5 in the payload computing and processing platform onboard the YAM5 mission. The upgrade to the latest solutions from Unibap, including the iX10, will enable more ambitious Virtual Payload missions", says Pieter van Duijn, CTO at Loft Orbital.
Uppsala November 8, 2022
For more information, please contact:
Lena W Jansson
+46 (0) 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 November 8, 2022 at 19:10 CET.
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.
FNCA Sweden AB is the Company's Certified Adviser.
About Loft Orbital
Loft Orbital is the pioneer in providing Space Infrastructure as a Service. Loft mission is to be the fastest, simplest, and most reliable path to orbit for any payload. The company flies customer payloads onboard quarterly scheduled satellite missions, and handles the entire mission as a service. Loft customers can thus focus on what matters most to them: their payload and the data it collects. To make it possible, Loft Orbital has developed the software and hardware products that make Loft satellite missions truly plug and play, eliminating years of complex design and engineering. With qualified, commodity satellite buses procured in advance and available off-the-shelf, Loft delivers payloads to orbit in months not years.
Loft Orbital will add a third satellite to orbit in November and has contracted more than 20 satellites to be flown by 2025.