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AAC Clyde Space wins avionic orders

2023-03-31 AAC Clyde Space AB (publ)
AAC Clyde Space has received orders for its Starbuck power system and Sirius computers from several customers amounting to a total of approx. SEK 20.1 M. The orders are scheduled for delivery from Q4 2023 until mid-2024.

AAC Clyde Space's SmallSat PCDU (Power Conditioning and Distribution Unit) solutions and Sirius computers have demonstrated impressive capabilities in space, gaining a market reputation for reliability, resiliency and performance. With their modular design, the solutions can be utilised and adapted for an array of different applications stretching from lunar exploratory and deep space scientific missions to military and commercial constellation applications.

"We are proud to continue to win orders for our Starbuck power systems and Sirius computers. Their proven reliability, modular design, and flexibility are key characteristics for their popularity among our customers. We have had a great start first quarter of 2023 with press released orders amounting to SEK 80.5 M " says AAC Clyde Space CEO Luis Gomes.

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

IR CONTACT

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

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