Harwell (Oxfordshire)/Nottingham, 7 September 2020. – GMV Innovating Solutions Limited, the UK aerospace company belonging to GMV is growing its footprint with the signature of a merger agreement with Nottingham Scientific Limited (NSL).
GMV, headquartered in Madrid, trades in the aerospace, defense, ICT and intelligent-transportation-systems markets while NSL is UK leader in satellite navigation and critical applications.
With the merger agreement, GMV becomes sole shareholder of NSL and sets up the company GMV NSL, to be integrated seamlessly into GMV’s set of companies, GMV announced this week.
GMV’s main UK business is earth observation, space debris tracking, mission planning, flight dynamics, navigation, autonomy and robotics. Working from its Harwell innovation center in Oxfordshire, GMV’s principal clients include the European Space Agency (ESA) and the European Commission (EC), as well as UK’s space agency (UKSA), the Defence Science and Technology Laboratory (DSTL), Innovate UK, ASUK, Satellite applications Catapult and the Science Technology Facility Council (STFC).
NSL is a UK-based small and medium-sized enterprise (SME) specializing in satellite navigation and critical applications which was set up in 1998. From its Nottingham head office in the East Midlands, NSL offers satellite navigation services, systems, solutions and intellectual property. NSL’s major clients include UK Space Agency, ESA, UK Government departments, QinetiQ, Inmarsat, and the European Commission.
GMV NSL will be integrated into GMV, which closed 2019 with a staff of 2,176 and a turnover of more than €236 million, GMV said. “GMV NSL will be able to rise to even greater challenges and tap into the opportunities offered by the UK market, especially the space market, not only in satellite navigation and in critical applications, but also in earth observation, telecommunications and new technologies, with the overarching aim of winning pole position in Britain’s space sector.”