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.
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.
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