Unibap and AI Sweden receive funding from the Swedish National Space Agency for SpaceEdge Phase 2

REG

Unibap AB (publ) has received funding from the Swedish National Space Agency (SNSA) and will together with AI Sweden facilitate and assist in the experimental development of data processing ecosystems on-board satellites. The value of funding is 4 MSEK of which 1 MSEK is allocated to AI Sweden. SpaceEdge is the SpaceCloud testbed established at AI Sweden's Edge Lab, that will be utilized for space app development. Further opportunities to upload and execute applications "in-orbit" on a satellite platform will be pursued during the 12 months duration of the project.

- We are pleased to continue our collaboration with AI Sweden within SpaceEdge Phase 2, a collaboration that started in 2022 (see press release from March 14, 2022). The project allows for rapid application development and testing in a testbed, as well as in space, with the same simplicity as regular cloud services. In addition to supporting application developers to use edge technology for on-board data processing, the project also includes assessments of new hardware accelerators for AI/ML, and upcoming CPU/GPU solutions for the next generation computing platform, says Johan Åman, CEO at Unibap.

Uppsala August 30, 2023

For more information, please contact:

Johan Åman
CEO

ceo@unibap.com

+46 70 821 00 51

 

About Unibap

Unibap is a high-tech company that offers intelligent AI solutions in space and on Earth using edge computing. Unibap provides services that transform the space industry by establishing a new standard for AI and cloud computing solutions in satellites. On Earth, AI combines with Machine Vision, sensor technology, space data and robotics to help our customers streamline, quality assure and automate their processes.

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.

Datum 2023-08-30, kl 13:00
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