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AAC Clyde Space wins 135 kUSD order to continue operating SeaHawk-1

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.

The satellite, launched in 2018 is part of a partnership between the University of North Carolina Wilmington and NASA, aiming to observe the changing biology of the ocean surface. It features a compact, multispectral camera (HawkEye) developed by Cloudland Instruments. The images captured by the camera are used to analyze the color of the ocean and thus determine the quality of the water.

"It has been quite an experience working with Clyde Space on the design, construction, launch, commissioning, and now operations of SeaHawk-1. As our partners at Clyde Space said when we started on this venture, this satellite is arguably one of the most sophisticated 3U Cubesats ever conceived. We have just commissioned a satellite the size of a shoebox that's travelling at 7.5 km/s, at an altitude of about 600km with a better downlink rate than the broadband into my house providing scientific quality data on ocean ecology!" says John M Morrison, UNCW Principal Investigator. 

The satellite is operated from AAC Clyde Space's Glasgow Operations Centre, with instrument data downloaded to NASA Wallops facility, through the satellite's X-band downlink. The data is integrated into NASA's SeaWiFS Data Analysis System (SeaDAS) and is distributed worldwide. Initially, Operations will focus on providing free access to all data that has been collected and processed from mid-April 2021 to the International Ocean Color Community. The satellite is expected to produce around 100 images per week.  Data generated enables a greater understanding of the marine food chain, oceanic climate, fisheries and pollution phenomena, enabling to support the health and sustainability of our oceans.

"AAC Clyde Space are delighted to continue to support the SeaHawk-1 mission. Academia, government agencies and industry are joining forces like never before to improve environmental surveillance and generate reliable data, filling in the gaps of our understanding for informed decision making. SeaHawk-1 is a prime example of this, Sustained Ocean Color Monitoring is vital to understanding the marine ecosystem and in turn climate change," says AAC Clyde Space CEO Luis Gomes.

SeaHawk-1, a 3U CubeSat, is a follow-on mission from the highly successful SeaWiFS (Sea-Viewing Wide field-of-View Sensor) mission, launched in 1997. Over 20 years on, SeaHawk-1 is able to replicate the performance of the SeaWiFS mission except it is approximately 100 times smaller and lighter and therefore more economical ensuring long term viability of high-quality science missions.

Under agreement with the Moore Foundation, all Hawkeye imagery will be made available free of charge via the NASA Ocean Biology Distributed Active Archive Center (OB.DAAC) on NASA's Ocean Color Web at https://oceancolor.gsfc.nasa.gov which has been extended to handle HawkEye data.  In addition, NASA's free comprehensive software package for the processing, display and analysis of ocean color data known as SeaDAS (https://seadas.gsfc.nasa.gov/) has been updated to include the support for HawkEye. 

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 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.

ABOUT MOORE FOUNDATION
The Gordon and Betty Moore Foundation fosters path-breaking scientific discovery, environmental conservation, patient care improvements and preservation of the special character of the Bay Area. Visit Moore.org or follow @MooreFound.

ABOUT UNCW
The University of North Carolina Wilmington is dedicated to learning through the integration of teaching and mentoring with research and service. UNCW is one of the 17 institutions that make up the UNC System. Visit uncw.edu for more information.

09 March 2022

2022-03-09 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space has won an order for a power subsystem to be utilized in a new type of mission. The order is valued at EUR 0.5 M (approx. SEK 5.3 M), and follows an order received in 2019. The power subsystem is planned to be delivered during the fourth quarter 2022.

03 March 2022

2022-03-03 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 a weather instrument. AAC Clyde Space is developing a new WeatherCube for Space Data as a Service weather constellations. The share issue increases the total number of shares in AAC Clyde Space to 192 725 486.

17 February 2022
Regulatory

2022-02-17 AAC Clyde Space AB (publ)

11 January 2022

2022-01-11 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has received a 441 kEUR (approx. 4.5 MSEK) order from UK-based Space Forge to provide space products for a demonstration spacecraft designed to leverage the space environment for production and experiments, capable of performing multiple trips to space.

22 December 2021

2021-12-22 AAC Clyde Space AB (publ)
AAC Clyde Space today releases a newly recorded pod series focussing on current topics in the space industry. The show is hosted by Moa Skan, a space enthusiast and PhD student in Astrophysics at Stockholm University and among the guests are Sweden's first astronaut Christer Fuglesang, Member of the European Parliament and meteorologist Pär Holmgren, and the Director General of Swedish National Space Agency Anna Rathsman.

17 December 2021

2021-12-17 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space has published the second issue of its group-wide newsletter, SPAACE TALK.

25 November 2021
Regulatory

2021-11-25 AAC Clyde Space AB (publ)
The previous owners of Omnisys Instruments AB converts a 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 192 200 029.

25 November 2021
Regulatory

2021-11-25 AAC Clyde Space AB (publ)

22 November 2021

2021-11-22 AAC Clyde Space AB (publ)
AAC Clyde Space AB, a leading new space company, has won an order from U.S. Aegis Aerospace to supply its Starbuck power systems and battery solutions worth 500 kUSD (approx. 4.5 MSEK) for a satellite mission carried out on behalf of the U.S. Department of Defense (DoD).

15 November 2021

2021-11-15 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has named Chris Fauquier, currently COO at SpaceQuest, as CEO for the US subsidiary. The move follows Dr. Dino Lorenzini's transition to the role of Group Chief Science Officer (CSO) of AAC Clyde Space. Dr. Lorenzini is the founder of SpaceQuest and was until now its CEO.

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IR CONTACT

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

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