NanoAvionics announces growth plans to become the prime supplier for small satellite constellations

NanoAvionics has announced a multi-million investment plan to support and accelerate its goal of becoming the prime supplier for small satellite constellations, globally. As a result of the recent acquisition by Kongsberg and part of its growth plan, the company seeks to significantly grow its production capacity over the next two years as well as ramping up its research and development (R and D) programme. Having finalised its acquisition by Kongsberg in September, NanoAvionics also announced its name change to Kongsberg NanoAvionics but will continue trading as NanoAvionics.