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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.

22 September 2022
Regulatory

2022-09-22 AAC Clyde Space
AAC Clyde Space has won a 0.94 MGBP (approx. 11.6 MSEK) order for a Starbuck power system from Astroscale Ltd., for inclusion in their End-of-Life space debris removal service, ELSA-M.

25 August 2022
Regulatory

2022-08-25 AAC Clyde Space AB (publ)

17 August 2022

2022-08-17 AAC Clyde Space AB (publ)
The small satellite company AAC Clyde Space has won a 584 kEUR (approx. 6.1 MSEK) order for Sirius computers and Starbuck power systems from OHB Sweden. The units will be part of the core avionics for a new InnoSat-class satellite.  

04 August 2022

2022-08-04 AAC Clyde Space AB (publ)
The small satellite company AAC Clyde Space has won a 0.6 MGBP (approx. 7.3 MSEK) order for 25 power systems for a constellation. Delivery will start in the fourth quarter of 2022.

28 July 2022

2022-07-28 AAC Clyde Space AB (publ)
AAC Clyde Space, a company specialising in small satellites, has been awarded funding through the European Space Agency's ARTES Core Competitiveness programme which helps European and Canadian industry to develop innovative satcom technology, products and systems. The award will enable AAC Clyde Space to further develop its Starbuck Mini power system to address the needs of future constellations. The total project value is 0.95 MEUR (approx. 10.1 MSEK) of which ESA will fund half, and AAC the other half.

17 June 2022

2022-06-17 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading small satellite company, has won a 0.56 MEUR (approx. 5.9 MSEK) order for its Sirius avionics for Israeli SpaceIL's Moon mission, Beresheet 2. It will be delivered during Q1 2024.

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)

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IR CONTACT

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

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