GomSpace Reports Q1 Growth and Positive Earnings

GomSpace Group reported strong figures for the first quarter of 2026, announcing a 43% increase in revenue and a positive EBITDA. The company's order intake also saw a substantial rise of 104%.

In addition to its financial performance, GomSpace has been active in securing new business. In April 2026, the company finalized a follow-on order worth EUR 5.5 million from Unseenlabs for the delivery of microsatellites. Earlier in March, a contract valued at EUR 7.6 million was signed with VirtuaLabs for a satellite cluster intended for radio frequency environment monitoring.

The company also announced the establishment of a joint venture with Ukrainian partner STETMAN to develop sovereign satellite communication capabilities in Ukraine. This agreement was signed in late April during the EU-Ukraine Business Summit.

These recent announcements follow a period of strong performance at the end of 2025, which included an all-time high fourth quarter and significant annual growth. GomSpace had previously issued market guidance for 2026, projecting continued profitable growth.

GomSpace is a manufacturer and supplier of small satellites. Its recent activities and financial results indicate a dynamic period for the company within the expanding space technology sector.