Further... (p5.) The number of In Orbit Demonstration (IOD)...

Further... (p5.)

The number of In Orbit Demonstration (IOD) customers we already have, the prospects
we have identified and the new ones that will emerge, make us
confident that GomSpace can achieve revenues at SEK 1.5 billion
in 2023. We do, however, not expect to reach our previous
revenue goal of SEK 820 million in 2021. This is primarily due
to one large customer, Sky and Space Global, that we expect
will not have sufficient funds to keep their own schedule. We
do however believe that they will get funded enough to keep
progressing, but for the time being they are only marginally
included in our forward-looking expectations. We do hope that
they will succeed in getting their funding in place since it is a
valuecreating project with great potential.