GomSpace and KFUPM Sign MoU to Explore Strategic Cooperation in Space Technology and Satellite Missions

GomSpace A/S and Saudi Arabia's King Fahd University of Petroleum & Minerals signed a memorandum of understanding to advance satellite capabilities, develop talent, and support the Saudi space ecosystem. The agreement signals incremental strategic expansion for GomSpace in Saudi Arabia's emerging space sector, but no financial terms, revenue targets, or contract value were disclosed.