COMPANY ANNOUNCEMENT
Odense, January 27th, 2022
Company Announcement no. 33 - 27-01-2022
Danish Aerospace Company A/S to deliver exercise equipment for the world’s first commercial space facility
Danish Aerospace Company A/S (DAC) today signed a major contract with Axiom Space, Inc. of Houston, Texas, USA to produce and deliver exercise equipment for the Axiom Segment of the International Space Station (ISS). This contract is DAC’s first significant entry into the commercial human spaceflight market, though DAC has been providing exercise and medical monitoring equipment to the European Space Agency and NASA for over three decades.
This company announcement contains insider information.
Building on a collaboration agreement with Axiom Space signed in 2018, this Axiom Space/DAC contract signed today calls for the production and delivery of exercise equipment for the Axiom Segment of the International Space Station. The Axiom Space/DAC contract will run for approximately 3½ years and has a total value of approximately US Dollars 3.62 million (DKK 23.9m). The Axiom Segment will serve as the world’s first commercial space orbital infrastructure and provide a new comfortable home for humans in space. The Axiom Segment will also extend the boundaries of research and science activities in space for a more sustainable life on Earth.
DAC has more than 30 years of expertise in provide highly reliable and accurate exercise equipment to NASA and ESA. With this contract DAC is entering the commercial human spaceflight market, an area which has been actively pursued as part of the company’s long-term strategy.
“We are extremely proud that Axiom Space, Inc. has selected DAC to provide exercise equipment for their upcoming world class laboratory in space. This is an important step for DAC and solidifies our company as the leading commercial provider of exercise equipment for human spaceflight” says Thomas A. E. Andersen, CEO of DAC.
Additional information
Drawing on more than thirty years of experience in producing high precision, reliable exercise equipment for the European and American human spaceflight programs, Danish Aerospace Company A/S has developed several new advanced exercise devices including the FERGO cycle ergometer (Flight ERGOmeter) being produced for NASA and the E4D (Enhanced European Exploration Exercise Device) being produced for the European Space Agency ESA.
For further information, please contact:
Danish Aerospace Company A/S:
Thomas A.E. Andersen, CEO
Tel: +45 40 29 41 62
Mail: ta@danishaerospace.com
Certified Adviser:
Gert Mortensen, Partner