Telescopes

Press Releases

AAC Clyde Space Delivers PICASSO, the Golden CubeSat

2020-02-05 AAC Clyde Space (publ)
AAC Clyde Space has delivered PICASSO, a 3U CubeSat, to the Royal Belgian Institute for Space Aeronomy at a facility in Delft for pod integration. The satellite is planned to be launched from French Guiana on an Arianespace Vega on the 24th of March 2020.

PICASSO (Pico-Satellite for Atmospheric and Space Science Observations) will measure ozone distribution in the stratosphere, estimate the temperature profile up to the mesosphere, and characterise the plasma in the ionosphere. The Earth Observation mission is the result of an international collaboration, led by the Royal Belgian Institute for Space Aeronomy (BIRA-IASB), and including AAC Clyde Space, ESA (European Space Agency) , VTT Technical Research Center of Finland Ltd and the Centre Spatial de Liège in Belgium. PICASSO will demonstrate a scientific capacity for atmospheric remote sensing with VISION (the hyper-spectral imager) and in situ measurements with SLP (Sweeping Langmuir Probe). This capacity is also strategic for planetary exploration.

AAC Clyde Space built and integrated the gold-plated satellite that will take measurements from low earth orbit for 2 years. The satellite carries two scientific payloads: a hyper-spectral imager in the visible, that will primarily map the ozone in the stratosphere, and a Sweeping Langmuir Probe that will measure electron density and temperature in the plasma around the satellite. Ozone in the high atmosphere is critical for life on Earth as it shields the Sun's UV radiation, so accurate and timely information about its density is critical for humanity. PICASSO aims to show that such measurements can be successfully done with very small satellites.

"This ambitious mission will give novel opportunities to the scientific community to study our planet, and in turn make better informed decisions. We are delighted to deliver this innovative CubeSat to our customer and look forward to controlling and tracking PICASSO on orbit using our purpose-built ground station, keep your eyes peeled for updates," said AAC Clyde Space CEO Luis Gomes.

"The PICASSO mission will demonstrate that CubeSats, and more generally small satellites, have reached the technological maturity necessary to turn them into actual scientific tools worth consideration by the Earth Observation community. Thanks to their low cost, which enables them to be deployed as a fleet, they will provide scientific-grade data with a high repetition rate and an unequaled ground coverage." said BIRA-IASB Project Manager Didier Pieroux.

FOR MORE INFORMATION:Please visit: www.aac-clyde.space or contact:
CEO Luis Gomes investor@aac-clydespace.com
CFO Mats Thideman, investor@aac-clydespace.com, mobile +46 70 556 09 73

ABOUT AAC CLYDE SPACE
The group AAC Clyde Space offers turnkey solutions and services from mission design to on-orbit operations, including reliable customizable satellite platforms in the range of 1 to 50 Kg and a full range of subsystems for cube and small satellites. With unrivalled flight heritage and end-to-end service, AAC Clyde Space enables customers to reach their mission goals through a single, trusted point of contact.

AAC Clyde Space's shares are traded on Nasdaq First North Premier Growth Market. Erik Penser Bank AB, e-mail certifiedadviser@penser.se, telephone +46 8 463 83 00, is the Certified Adviser.

ABOUT THE ROYAL BELGIAN INSTITUTE FOR SPACE AERONOMY
The Royal Belgian Institute for Space Aeronomy is a Belgian federal scientific research institute. Its main tasks are research and public service in space aeronomy, which is the physics and chemistry of planetary atmospheres, and of outer space. It studies the atmospheres of solar system bodies and the impact of the Sun, nature, and mankind on atmospheric changes. BIRA-IASB has the required competences to elaborate all elements of a space mission to perform a complete study of an aeronomy-related problem: from the formulation of research objectives, over the consequent instrument and space mission design, to the derivation of satellite data products, their validation and geophysical exploitation, including modelling and service development. https://www.aeronomie.be/en

26 August 2021
Regulatory

2021-08-26 AAC Clyde Space AB (publ)

23 August 2021

2021-08-23 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New space company, today announced it has founded AAC Space Africa to capitalize on the rapidly growing market for satellites and space services in Africa. AAC Space Africa will design, build, and deliver space missions to the continent from its Cape Town base in South Africa's Western Cape Province. The new subsidiary will also be the group's centre of competence for advanced radio communication.

20 August 2021

2021-08-20 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space has published the first issue of its group-wide newsletter, SPAACE TALK.

01 July 2021

2021-07-01 AAC Clyde Space AB (publ)
AAC Clyde Space has decided to focus its analytical services on the UK/US based Edison Group and has discontinued the analytical service Penser Access with the Erik Penser Bank. The analysis from Edison meets AAC Clydes Space's need to provide understanding and transparency of the company and its operations internationally.

30 June 2021
Regulatory

2021-06-30 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has entered into a £8.4m (approx. SEK 100m) contract to deliver high-resolution, multi-band, hyperspectral data from space to Canadian Earth observation company Wyvern Inc. over an initial four-year period, with an intended start mid-2022.

30 June 2021

2021-06-30 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, was honored to be visited by Her Majesty The Queen and Her Royal Highness The Princess Royal at our Glasgow facility today. AAC Clyde Space were also joined by the Head of the UK Space Agency, Dr Graham Turnock and the Lord Provist of Glasgow, Philip Braat.

24 June 2021

2021-06-24 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New space company, has received a 135 kUSD order to continue operating the SeaHawk-1 satellite from its Operations Centre in Glasgow for a further 12 months.

16 June 2021
Regulatory

2021-06-16 AAC Clyde Space AB (publ)
AAC Clyde Space ("AAC"), a leading New space company, has won a 4.6 MGBP order for a full turn-key solution from Horizon Space Technologies, including two new satellite launches, operations and data delivery. The satellites will become part of the Horizon Space Technologies' Amber™  constellation dedicated to delivering Maritime Domain Awareness (MDA) intelligence data.

09 June 2021
Regulatory

2021-06-09 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New space company, has received a USD 1.0m order on subsystems for the ice-drilling mission IM-2 to the Moon led by the U.S. company Intuitive Machines. The order follows the recent delivery of flight models for the U.S. company's first lunar landing mission.

08 June 2021

2021-06-08 AAC Clyde Space AB (publ)
AAC Clyde Space's US subsidiary SpaceQuest has received an order of USD 0.55m (approx. SEK 4.6m) for global navigation satellite systems (GNSS) receivers and antennas to be delivered to a customer in Asia over 3.5 years starting in 2021.

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IR CONTACT

Mats Thideman CFO and Deputy CEO
+46 70-556 09 73 mats.thideman@aac-clydespace.com

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