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AAC Clyde Space to deliver ground station in Africa

2022-04-28 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space has through its subsidiary AAC Space Africa been selected to deliver a ground station to a client in Africa. The order valued at approx. SEK 3.4 M will be delivered in 2022.

"We are delighted to participate in the digitalization of Africa. This ground station will be a stepping stone to leverage space based data and services to improve the quality of life, safety and economic prosperity in the region," says AAC Clyde Space CEO Luis Gomes.

The ground station is essential in the operation of the client's planned satellites but can also serve other missions. It will support several frequency bands up to S-band as well as in the amateur VHF band. The ground station can be operated from the control room, remotely or in an automated mode.

AAC Space Africa will construct the ground station in South Africa with locally and internationally sourced parts. It will be fully assembled and tested In South Africa, before being dismantled, packed and shipped. Since it will be based on a converted shipping container, all the parts can be packed inside the container for shipping and loaded onto a standard container trailer. Engineers from AAC Space Africa will provide the client with extensive hands-on training.

AAC Clyde Space recently established AAC Space Africa to cater to the African space market, which is expected to grow to $10bn by 2024 (NewSpace Africa Industry Report 2019). The subsidiary has also been appointed as AAC Clyde Space's center of competence in advanced radio communication systems and machine-to-machine communication systems.

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.

25 May 2022
Regulatory

2022-05-25 AAC Clyde Space AB (publ)
The previous owners of Omnisys Instruments AB convert the second third of their warrants into shares in AAC Clyde Space. AAC Clyde Space has consequently issued 5,780,033 shares, bringing the total number of shares in AAC Clyde Space to 199,030,976.

20 May 2022

2022-05-20 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space's subsidiary Omnisys has secured an EUR 0.47 M (approx. SEK 4.9 M) order to deliver strategic spare parts to Airbus Defence and Space for Europe's next generation of meteorological satellites, the MetOp-SG.

19 May 2022
Regulatory

2022-05-19 AAC Clyde Space AB (publ)

19 May 2022
Regulatory

2022-05-19 AAC Clyde Space AB (publ)

28 April 2022
Regulatory

2022-04-28 AAC Clyde Space AB (publ)

28 April 2022

2022-04-28 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space has through its subsidiary AAC Space Africa been selected to deliver a ground station to a client in Africa. The order valued at approx. SEK 3.4 M will be delivered in 2022.

21 April 2022

2022-04-21 AAC Clyde Space AB (publ)
A stellar night at the Corporate Content Awards in London yesterday, where we received three golds for our corporate communications work with Bladonmore.

19 April 2022
Regulatory

2022-04-19
The shareholders in AAC Clyde Space AB (publ), reg. no. 556677-0599 (the "Company"), are hereby given notice to attend the annual general meeting on Thursday 19 May 2022. Attendance at the meeting is only possible via postal ballot. The CEO's statement will be published on the company's website after the annual general meeting.

13 April 2022

2022-04-13 AAC Clyde Space AB (publ)
AAC Clyde Space has issued 525 457 shares to the previous owners of Omnisys Instrument AB as an earn-out payment achieved following the completion of the preliminary design of the weather instrument to the ESA project Artic Weather Satellite (AWS). Omnisys was awarded a EUR 12.2 million contract to supply microwave sounding sensors to the AWS-project in March 2021. The share issue increases the total number of shares in AAC Clyde Space to 193 250 943.

01 April 2022

2022-04-01 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space's subsidiary AAC Hyperion has acquired a contract to develop an onboard artificial intelligence (AI) capability for small satellites in collaboration with the Royal Netherlands Aerospace Centre (NLR). The European Space Agency (ESA) will fund the project with EUR 0.41 M (approx. SEK 4.2 M) sponsored by the Netherlands Space Office (NSO). The funding comes through ESA's General Support Technology Programme (GSTP).

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IR CONTACT

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

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