AISTECH places Order at the Sum of 200,000 € with GomSpace for the Delivery of Full Platform and Payload for their First Nanosatellite

The purpose of AISTECH is to set up a nanosatellite network that will help
organizers improve their decision making process. Focus is on three business
areas: Asset tracking and bidirectional communication, thermal imaging from
space and aviation tracking and position management. AISTECH plans to have the
first satellite, delivered by GomSpace, in orbit and by 2020, there will be a
full constellation capturing data in real time.

“We choose GomSpace because of their experience and expertise in developing
space systems solutions. It is important to us to choose a partner with
documented flight heritage, and we feel confident that GomSpace will be a
qualified partner in accomplishing our mission”, says CEO, Carles Franquesa,
from AISTECH.

GomSpace has a record of participating in more than 40 successful space missions
and is proud to have been selected as a partner by AISTECH for their mission.”
We look forward to the collaboration with AISTECH, and are confident that our
platforms and nanosatellites till help them achieve their goals in space”, says
CEO, Niels Buus, from GomSpace.

For more information, please contact:
Niels Buus (CEO)
Tel: +45 40 31 55 57
Email: nbu @ gomspace.com

About GS Sweden AB

The Company’s business operations are conducted through the wholly-owned Danish
subsidiary, GomSpace A/S, with operational office in Aalborg, Denmark. GomSpace
is a space company with a mission to be engaged in the global market for space
systems and services by introducing new products, i.e. components, platforms and
systems based on innovation within professional nanosatellites. The Company is
listed on the Nasdaq First North Premier exchange under the ticker GOMX. FNCA
Sweden AB is the Company’s Certified Adviser. For more information, please visit
our website on www.gomspace.com.

About AISTECH

Aistech Space is an space company located in Barcelona, Spain. The main goal of
the company is to capture data from earth using our own Nanosatellite network.
We are committed to create value for our customers and for society, making the
space information reachable for anyone who needs it.

www.aistechspace.com

This information is information that GS Sweden AB is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact person(s) set out above, at
[13:30] CET on [4th October,] 2016.