Core Viewpoint - Danish Aerospace Company A/S maintains its financial guidance for 2025, with total revenue expected to be between DKK 21-23 million and EBITDA projected at approximately DKK 1-3 million [5]. Financial Performance - Year-to-date total revenue (including other income) is DKK 16.3 million [5]. - Year-to-date EBITDA stands at DKK -0.5 million [5]. Product Development and Contracts - DAC has completed the first four models of its multifunction exercise device E4D under its ESA contract, with the latest model delivered to NASA's Johnson Space Center [5]. - The "proto-flight model" of E4D is planned for launch to the ISS in early 2026 [5]. - DAC has completed its first E4D flight model for a commercial customer, which is ready for shipment [5]. - The company has integrated E4D into another commercial customer's space vehicle [5]. - DAC has added jumping capabilities to E4D under its ESA contract for a new exercise device for the Lunar Gateway and future Mars missions [5]. Partnerships and Negotiations - DAC is in negotiations with ESA for an initial study contract for a new Motion Capture system for use on the ISS with E4D, which could lead to a follow-on contract for full hardware [5]. - The company is in close dialogue with multiple US and European commercial human spaceflight and defense customers regarding partnership opportunities [5]. Corporate Changes - DAC has merged its subsidiary Danish Aerospace Medical Company Aps with itself, recognized in this trading update [5].