Unibap partners with Tyvak on intelligent space-based information processing

Unibap partners with Tyvak on intelligent space-based information processing Unibap has entered a Memorandum of Understanding ("MoU") with Tyvak International SRL (Tyvak Int'l) regarding collaboration on space-based information processing.

Tyvak is a leading aerospace provider of nanosatellite and microsatellite vehicles, services, and solutions.

Tyvak Int'l and Unibap recognizes the increasing need in the small satellite space market for intelligent onboard processing (e.g. Deep Learning, autonomous operation, proximity operations, rapid information extraction, data mining and indexing, compression and data reduction, encryption, constellation fleet management, distributed network and ad hoc sensor apertures) and has signed a cooperative MOU to pursue and provide intelligent space- based information processing on Tyvak Int'l turn-key solutions. The MOU is valid for 12 months with possibility of extension.

Unibap is a pioneer in space-based intelligent information processing with artificial intelligence (AI) computing hardware and software.

- Intelligent automation and autonomous operations are key topics for taking space utilization and commercialization further. We are happy to contribute to the value transformation in the space business working with Tyvak Int'l as a solution provider, said Unibap's CEO Dr. Fredrik Bruhn.

Uppsala 2017-10-24

For more information, contact:

Dr. Fredrik Bruhn
CEO
[email protected]
+46 70 7833215

This information is by Unibap required to disclose under the EU Market Abuse Regulation. The information was submitted for publication on October 24,2017 at 11:30 CET.

About Unibap

The company is a modern IT company at the forefront of integration of AI solutions and robotics. The background to Unibap is experience from many years of space exploration, of manufacturing rugged industrial computer solutions and robotics solutions. The founders combine research and industrial experience to develop an AI brain that can be used for intelligent automation and robotics systems with new industrialization and efficiency in the manufacturing team, in both large and small businesses. Visit unibap.com for more information.

About Tyvak International SRL

Tyvak International SRL is a subsidiary of Terran Orbital Corporation with headquarters in Turin, Italy. Terran Orbital is a leading aerospace provider of nanosatellite and microsatellite vehicles, services, and solutions. Terran Orbital invests in leading edge, solutions for customers focused on achieving world-class space-based research, observation, and communications at a fraction of the cost of traditional spacecraft developers. Through the Tyvak Nano-Satellite Systems and Tyvak International brands, based in the U.S. and Europe, Terran Orbital partners with customers to produce advanced mission solutions at industry leading turn-times and price-points. Visit TerranOrbital.com and tyvak.eu for more information.

Mangold Fondkommission AB, tel. +46 8 5030 1550, is the Company's Certified Adviser.


Om Unibap

Bolaget är ett modernt IT-bolag som ligger i framkant med integration av AI-lösningar och robotik. Unibap digitaliserar industrins produktion och tillverkning genom att göra blinda robotar seende i kombination med mänskliga förmågor för kvalitetsavsyning och automatisering. Bakgrunden till Unibap är erfarenheter från mångårig utforskning av rymden, av tillverkning av ruggade industridatorlösningar och robotiklösningar.

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Marknad Nasdaq First North Growth Market Kortnamn UNIBAP ISIN-kod SE0009606809 Certified Adviser FNCA