Press Releases

AAC Clyde Space wins 0.2 MEUR (approx. 2 MSEK) computer system order for lunar mission

2021-05-04 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected by UAE's Mohammed Bin Rashid Space Centre (MBRSC) to deliver a 0.2 MEUR (approx. 2 MSEK) computer system for the Rashid lunar rover. This is the fourth lunar mission in which AAC Clyde Space will take part.

The lunar mission announced by MBRSC in September 2020, will place a small rover on the moon carrying several science instruments. The rover has a weight of only about 10 kilograms, placing high demands on both components and payloads to maximize the potential scientific outcome of the mission. The lunar Rover project "Rashid" is a key part of the UAE's space exploration strategy, which is centred around building new knowledge capabilities, inspiring future generations to pursue space science and research, and fostering global collaboration.

The lunar rover computer system will be used to control, manage and process images and videos generated by the four cameras onboard the Rashid Rover. AAC Clyde Space will deliver development units based on its Sirius avionics range during and engineering models in Q2 and flight models in Q4.

"Lunar missions are special to us not only because they have served as an inspiration for generations, but also since they clearly illustrate how advanced small satellite technology has become. The rapidly growing fleet of space probes is adding to the flight heritage of our products, enabling us to gain knowledge and speed up our product development," says AAC Clyde Space CEO Luis Gomes.

The mission is regarded by MBRSC an ideal opportunity to test new technologies and equipment for future space exploration, including Mars.

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. The share is also traded on the US OTCQX-market under the symbol ACCMF.

ABOUT MBRSC
The Mohammed Bin Rashid Space Centre, founded in 2006, is home to the UAE National Space Programme. The Centre builds and operates earth observation satellites, offering imaging and data analysis services to clients around the world. It has launched the DubaiSat-1, DubaiSat-2 and the KhalifaSat, which was developed 100% in the UAE by a team of highly qualified Emirati engineers. The Centre also launched the Emirates Mars Mission "Hope Probe", which became the first Arab interplanetary mission to reach the Martian orbit on 9 February 2021. The Hope Probe will gather key scientific data about Mars' atmosphere. Recently, the Centre announced the launch of the Emirates Lunar Mission, the first Emirati and Arab mission to explore the Moon and plans to develop MBZ-SAT, the most advanced commercial satellite in the region in the field of high-resolution satellite imagery. Furthermore, MBRSC is hosting the 72nd edition of the International Astronautical Congress (IAC) 2021, the world's premier space event, in Dubai. The UAE is the first Arab nation to host the IAC since its establishment in 1950. The Centre is also responsible for the UAE Astronaut Programme, which saw the launch of Hazzaa AlMansoori, the first Emirati Astronaut, to the International Space Station on a scientific mission on 25th September 2019, and the development of the Mars 2117 Programme to build a human colony on Mars.

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.

28 May 2021

2021-05-28 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New space company, has been selected by Astroscale UK Ltd to co-engineer their satellite platform for a UK-based space debris removal programme known as End-of-Life Services by Astroscale (ELSA-M). The contract, valued at 260,000 GBP, is expected to be completed at the start of 2022.

27 May 2021
Regulatory

2021-05-27 AAC Clyde Space AB (publ)

27 May 2021
Regulatory

2021-05-27 AAC Clyde Space AB (publ)

06 May 2021
Regulatory

2021-05-06 AAC Clyde Space AB (publ)

04 May 2021

2021-05-04 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected by UAE's Mohammed Bin Rashid Space Centre (MBRSC) to deliver a 0.2 MEUR (approx. 2 MSEK) computer system for the Rashid lunar rover. This is the fourth lunar mission in which AAC Clyde Space will take part.

04 May 2021

2021-05-04 AAC Clyde Space AB (publ)
AAC Clyde Space's subsidiary Hyperion continues to celebrate wins with its star trackers, that are rapidly emerging as a de facto standard for European small satellites. So far in 2021, Hyperion has received a record €0.5milion of orders for the popular products.

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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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