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	From space to healthcare

	Expanding frontiers GMV’s main strength lies in the international market, which accounts for nearly two-thirds of the total sales of €101 million. Half of the company’s revenues currently come from the aerospace sector, while information technology, transportation, and defense account for the rest. Immediately after the company was founded, GMV began working internationally by participating in European space projects. In the other business lines, however, the internationalization process has been more gradual. “We fully develop the products and services in Spain first, and then we export them abroad. This has been the key to success,” says Martínez. In 2004, the company opened its U.S. offices to supply to the North American institutional and industrial markets. Soon after, GMV established subsidiaries or sales offices in other countries including Portugal, Poland, Germany, and Malaysia, and has plans to expand as the volume of business continues to rise. GMV currently employs more than 1,000 people around the world. GMV’s international expansion and growth has been possible thanks to the company’s focus on innovation, which has enabled it to be a pioneer in various fields. Says Martínez, “Research and innovation is the nucleus of the company.” GMV is participating in the CENIT Ocean Lider project being led by Iberdrola. Photo: GMV Article published in April 2011 Carmelo Hermoso de Mendoza

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"Half of all commercial telecommunications satellite launches in the world are controlled by GMV, a Spanish company with a strong international presence in ground control systems for commercial telecommunications operators." Resources

GMV
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	From space to healthcare

	Expanding frontiers GMV’s main strength lies in the international market, which accounts for nearly two-thirds of the total sales of €101 million. Half of the company’s revenues currently come from the aerospace sector, while information technology, transportation, and defense account for the rest. Immediately after the company was founded, GMV began working internationally by participating in European space projects. In the other business lines, however, the internationalization process has been more gradual. “We fully develop the products and services in Spain first, and then we export them abroad. This has been the key to success,” says Martínez. In 2004, the company opened its U.S. offices to supply to the North American institutional and industrial markets. Soon after, GMV established subsidiaries or sales offices in other countries including Portugal, Poland, Germany, and Malaysia, and has plans to expand as the volume of business continues to rise. GMV currently employs more than 1,000 people around the world. GMV’s international expansion and growth has been possible thanks to the company’s focus on innovation, which has enabled it to be a pioneer in various fields. Says Martínez, “Research and innovation is the nucleus of the company.” GMV is participating in the CENIT Ocean Lider project being led by Iberdrola. Photo: GMV Article published in April 2011 Carmelo Hermoso de Mendoza

.Resources.


	From space to healthcare

	Expanding frontiers GMV’s main strength lies in the international market, which accounts for nearly two-thirds of the total sales of €101 million. Half of the company’s revenues currently come from the aerospace sector, while information technology, transportation, and defense account for the rest. Immediately after the company was founded, GMV began working internationally by participating in European space projects. In the other business lines, however, the internationalization process has been more gradual. “We fully develop the products and services in Spain first, and then we export them abroad. This has been the key to success,” says Martínez. In 2004, the company opened its U.S. offices to supply to the North American institutional and industrial markets. Soon after, GMV established subsidiaries or sales offices in other countries including Portugal, Poland, Germany, and Malaysia, and has plans to expand as the volume of business continues to rise. GMV currently employs more than 1,000 people around the world. GMV’s international expansion and growth has been possible thanks to the company’s focus on innovation, which has enabled it to be a pioneer in various fields. Says Martínez, “Research and innovation is the nucleus of the company.” GMV is participating in the CENIT Ocean Lider project being led by Iberdrola. Photo: GMV Article published in April 2011 Carmelo Hermoso de Mendoza

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