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AAC Clyde Space Delivers First Kelpie Satellite Supporting ORBCOMM's AIS Service to Cape Canaveral launch site

2022-11-24 AAC Clyde Space AB (publ)
AAC Clyde Space has delivered the first Kelpie satellite to Cape Canaveral, Florida, in preparation for its planned launch onboard the SpaceX Transporter 6 mission expected in December 2022. The 3U EPIC nanosatellite will deliver data to the U.S. company ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, under an exclusive Space Data as a Service (SDaaS) deal. It is planned to be followed by the launch of a second Kelpie satellite in the first half of 2023.

The project will leverage a SDaaS model in which AAC Clyde Space owns and operates the satellites to deliver Automatic Identification System (AIS) data exclusively to ORBCOMM and its government and commercial customers, which is used for ship tracking and other maritime navigational and safety efforts. The state-of-the-art satellite weighs just 4 kg and features an advanced antenna concept developed by Oxford Space Systems to maximize AIS detections of all message types.

"The Kelpie satellite is one of the most innovative satellites AAC Clyde Space has ever built. It hosts advanced low-noise core avionics for reliable, high-performance space data handling as well as the company's first payload development. Our joint mission with an established, leading data services company like ORBCOMM represents a major milestone for AAC Clyde Space in solidifying our strategic move to a Space Data as a Service model," says AAC Clyde Space CEO Luis Gomes.

"Through the Kelpie mission focused on enhancing our global AIS data services, ORBCOMM's government and commercial customers will benefit from more comprehensive global coverage and enhanced performance as well as the highest expected vessel detection rates in the industry over the long term," says Greg Flessate, ORBCOMM's SVP of Government and AIS.

Currently, the group owns and operates a constellation of four satellites dedicated to SDaaS through its U.S. subsidiary AAC SpaceQuest. In addition to the Kelpie satellites, AAC Clyde Space plans to enhance its constellation with two satellites in the fourth quarter of 2023. Moreover, AAC Clyde Space has won a contract to deliver hyperspectral data from an additional three satellites, bringing the total number of satellites owned by the group for SDaaS purposes to eleven.

The two Kelpie satellites will join the other satellites in the constellation, dedicated to delivering AIS data used in maritime operations, and will support many applications, including domain awareness, search and rescue, environmental monitoring and maritime intelligence. ORBCOMM processes over 30 million AIS messages from more than 200,000 vessels per day for government and commercial customers to deliver a complete situational picture of global vessel activity.

FOR MORE INFORMATION:
Please visit: www.aac-clyde.space or contact:
CEO Luis Gomes [email protected]
CFO Mats Thideman, [email protected], mobile +46 70 556 09 73

ABOUT AAC CLYDE SPACE
AAC Clyde Space specialises in small satellite technologies and services that enable businesses, governments and educational organisations to access high-quality, timely data from space. Its growing capabilities bring together three divisions:

Space Data as a Service - delivering data from space directly to customers
Space missions - turnkey solutions that empower customers to streamline their space missions
Space products and components - a full range of off-the-shelf and tailor-made subsystems, components and sensors

AAC Clyde Space aims to become a world leader in commercial small satellites and services from space, applying advances in its technology to tackle global challenges and improve our life on Earth.

The Group's main operations are located in Sweden, the United Kingdom, the Netherlands, South Africa and the USA, with partner networks in Japan and South Korea.

AAC Clyde Space's shares are traded on Nasdaq First North Premier Growth Market. Erik Penser Bank AB, e-mail [email protected], telephone +46 8 463 83 00, is the Certified Adviser. The share is also traded on the US OTCQX-market under the symbol ACCMF.

Files for download
22 March 2023

2023-03-22 AAC Clyde Space AB (publ)
A consortium including AAC Clyde Space subsidiary Hyperion, has been selected by TNO of the Netherlands to deliver a new direct-to-Earth laser communication terminal for small satellites in LEO. The order value is EUR 0.3 M (approx. SEK 3.3 M) with planned delivery in 2025.

01 March 2023

2023-03-01 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading new space company, has shipped the first of three satellites that are set to deliver hyperspectral imagery data to Canadian company, Wyvern. The satellites will continue the transformation of AAC Clyde Space into a space-based data company over the coming years.

23 February 2023
Regulatory

2023-02-23 AAC Clyde Space AB (publ)

16 February 2023

2023-02-16 AAC Clyde Space AB (publ)
The small satellite company AAC Clyde Space has been selected to deliver products valued at USD 1.6 M (approx. SEK 16.6 M) to a US blue chip company.

08 February 2023

2023-02-08 AAC Clyde Space AB (publ)
AAC Clyde Space has won a USD 0.59 M (approx. SEK 6.1 M) order for reaction wheels to be used on a number of small satellites.  The order comes from a US blue chip company.

01 February 2023
Regulatory

2023-02-01 AAC Clyde Space AB (publ)
AAC Clyde Space has won an order for satellite subsystems valued at USD 2.3 M (approx. SEK 23.8 M) from a US development company supplying spacecraft and other multi-mission systems.

26 January 2023

2023-01-26 AAC Clyde Space AB (publ)
A consortium including AAC Clyde Space's subsidiary AAC Hyperion has been selected by European Defence Fund to develop a less than 100 kg satellite to be placed in geostationary orbit (GEO) for space situational awareness. The satellite, named Naucrates, is not to be trackable from ground radar, optical telescope or radio telescope. It is set to be the first European GEO satellite for Space Situational Awareness (SSA) in GEO.

17 January 2023

2023-01-17 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has received a EUR 234 k (approx. SEK 2.6 M) order from UK-based Space Forge to provide space products for a demonstration spacecraft designed to leverage the space environment for production and experiments, capable of performing multiple trips to space.

12 January 2023

2023-01-12 AAC Clyde Space AB (publ)
An AAC Clyde Space manufactured satellite was lost when the Virgin Orbit rocket launched from Cornwall on Monday, January 10, failed to reach orbit. All satellites on the launch are reported to have been lost, including IOD-3 manufactured by AAC Clyde Space for the Satellite Applications Catapult.

06 January 2023

2023-01-06 AAC Clyde Space AB (publ)
Kelpie-1, a 3U AAC Clyde Space EPIC nanosatellite, was successfully launched on the SpaceX Transporter-6 mission on January 3, 2023. Kelpie-1 will deliver AIS data to the U.S. company ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, under an exclusive Space Data as a Service (SDaaS) deal. It is planned to be followed by the launch of a second Kelpie satellite in the first half of 2023.

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IR CONTACT

Mats Thideman CFO and Deputy CEO
+46 70-556 09 73 [email protected]

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