Press Releases

AAC Clyde Space wins a 5.4 MSEK order for US lunar mission

2020-01-24 AAC Clyde Space (publ)
AAC Clyde Space has been selected to supply the power system to the lunar lander mission led by the U.S. company Intuitive Machines. An engineering model and flight models will be delivered to support launch in 2021. The total order value is approx. 5.4 MSEK (USD 575 000).

"We are very excited to be part of this new era in lunar exploration, supporting the ultimate challenge of landing a spacecraft on the Moon. It is great to see how far the Newspace industry has developed in recent years, as Intuitive Machines will be using our flight proven standardized Starbuck system to power their spacecraft." said AAC Clyde Space CEO Luis Gomes.

The Starbuck Mini is AAC Clyde Space's most powerful and cost-efficient power system for advanced space missions, with strong flight heritage and delivering excellent performance. Through its modular design, it is easy to scale and integrate on different types of mission.

U.S. autonomous systems company Intuitive Machines is leading an effort to develop a commercial Lunar Payload and Data Service (LPDS) which provides transit to lunar orbit, payload delivery to the lunar surface, and data communications and power services to assets both in lunar orbit and on the surface. The U.S. company plans its first a robotic landing on the Moon in 2021.

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.

27 April 2021
Regulatory

2021-04-27 AAC Clyde Space AB (publ)
AAC Clyde Space AB, the Swedish New Space company, today announces the nomination of Nicole Robinson to its board of directors.

27 April 2021
Regulatory

2021-04-27 AAC Clyde Space AB (publ)
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 27 May 2021 at 10.00 a.m. (CET). 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.

22 April 2021
Regulatory

2021-04-22 AAC Clyde Space AB (publ)
At the extraordinary general meeting in AAC Clyde Space AB (publ) (the "Company") held on Thursday 22 April 2021 at 09.30 a.m. (CET) via postal ballot, the following resolutions were adopted:

01 April 2021
Regulatory

2021-04-01 AAC Clyde Space AB (publ)
The shareholders in AAC Clyde Space AB (publ), reg. no. 556677-0599 (the "Company"), are hereby given notice to attend the extraordinary general meeting on Thursday 22 April 2021 at 09.30 a.m. (CET). Attendance at the meeting is only possible via postal ballot.

31 March 2021
Regulatory

2021-03-31 AAC Clyde Space AB (publ)
AAC Clyde Space AB ("AAC Clyde Space" or the "Company") has, in accordance with what was communicated in its press release earlier today, resolved on a directed new share issue of 39,215,686 shares conditional on approval granted by the extraordinary general meeting (the "Directed New Share Issue"). The subscription price of the shares in the Directed New Share Issue amounts to SEK 2.55 per share. Through the Directed New Share Issue, AAC Clyde Space will receive proceeds amounting to approximately SEK 100 million before deduction of transaction costs. Parts of the gross proceeds will be used as part of the financing of the acquisition of the Swedish company Omnisys Instruments AB ("Omnisys") (the "Acquisition") which the Company announced earlier today, and investments in new market opportunities.

31 March 2021
Regulatory

2021-03-31 AAC Clyde Space AB (publ)
AAC Clyde Space AB ("AAC Clyde Space" or the "Company") hereby announces its intention to carry out a directed new share issue of approximately SEK 100 million directed to Swedish and international institutional investors (the "Directed New Share Issue"). The Directed New Share Issue is carried out in connection with the acquisition of the Swedish company Omnisys Instruments AB ("Omnisys") (the "Acquisition") which the Company announced today, and investments in new market opportunities.

31 March 2021
Regulatory

2021-03-31 AAC Clyde Space AB (publ)
AAC Clyde Space AB ("AAC Clyde Space" or the "Company") today announces that the Company has entered into a conditional agreement for the acquisition of the privately owned Swedish company Omnisys Instruments AB ("Omnisys"), a leading developer and manufacturer of measuring instruments for advanced space projects (the "Acquisition"). The purchase price amounts to approximately SEK 75 million, where SEK 25 million is paid in cash and approximately SEK 50 million is paid through 17,340,100 newly issued consideration warrants in AAC Clyde Space. The completion of the Acquisition of Omnisys is, inter alia, conditional on the issue of the consideration warrants being approved at an extraordinary general meeting.

31 March 2021

2021-03-31 AAC Clyde Space AB (publ)
AAC Clyde Space has been awarded a 60 kGBP (approx. 0.7 MSEK) contract with the Canadian Earth observation company Wyvern Inc. to secure a launch of 3 satellites into orbit in 2022. The contract precedes an intended agreement for hyperspectral data delivery expected to be finalised during Q2, 2021.

16 March 2021
Regulatory

2021-03-16 AAC Clyde Space AB (publ)
AAC Clyde Space has been awarded a 68 kEUR (approx. 690 kSEK) contract with OHB Sweden. The contract aims to review the qualification status of the intended AAC Clyde Space's core avionics for ESA's Arctic Weather Satellite. Given that the first phase is successful, the second phase which is expected to follow in around mid-2021 is expected to be worth approx. 950 kEUR (approx. 9.7 MSEK).

01 March 2021
Regulatory

2021-03-01 AAC Clyde Space AB (publ)
AAC Clyde Space AB is updating its management structure to increase agility and underpin continued growth. The group is implementing a distributed management structure, with group level sales and strategic leadership in Group management, and geographical operations management for each country.

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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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