Danish Aerospace Company A/S issues Annual report for 2020
EBITDA amounts to DKK 3.0M. DAC’s equity amounts to DKK 19.9M as of December 31 st, 2020. DAC’s work with the multi-functional exercise machine E4D for ESA and the FERGO-ergometer for NASA, is progressing as planned. DAC’s contract on health-monitoring support of astronauts on ISS has been extended till the end of 2021. DAC has become part of the NORDIN 2020 Cohort project, to further explore the potential for wearables and space technology in India. The revenue and profit have to some extent been affected negatively by the COVID-19 pandemic, which caused delays in some projects with a ...
Source: globenewswire.com