2020-06-04 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected to develop a new solar panel for Moog's new Small Launch Orbital Manoeuvring Vehicle (SL-OMV), a space tug designed to deploy Cubesat constellations and guide small satellites to their final orbit. The order value is 340 000 GBP (approx. 4.0 MSEK) with planned delivery during the first quarter of 2021.
Moog will supply the Small Launch Orbital Manoeuvring Vehicle (SL-OMV) to Lockheed Martin as part of the UK Spaceflight Programme, supported by the UK Space Agency. The lightweight vehicle is a propulsive tug to be used on rockets dedicated to the launch of small satellites.
"We are delighted to have been chosen by Moog to develop and manufacture the solar panel for their part of the UK Spaceflight Programme. The SL-OMV will be a game changer for small satellites and will enable the upcoming UK launchers to deploy the complex mega constellations that AAC Clyde Space and others are developing right now" said AAC Clyde Space CEO Luis Gomes.
AAC Clyde Space will develop, qualify, and deliver the first flight model of the solar panel in the first quarter of 2021 and expects it to be followed by more orders.
The U.S. company Moog designs and manufactures components and systems for satellites and launch vehicles. It has been active in the space industry for more than 60 years and offers a family of orbital manoeuvring vehicles.
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 firstname.lastname@example.org, telephone +46 8 463 83 00, is the Certified Adviser.
2020-09-18 AAC Clyde Space AB (publ)
AAC Clyde Space expects to reach net sales of approximately SEK 100 million in 2020, an increase of more than 50 % over its 2019 revenue of SEK 66 million.
2020-09-17 AAC Clyde Space AB (publ)
2020-08-31 AAC Clyde Space AB (publ)
AAC Clyde Space has received two new orders, totaling 360 000 EUR (approx. 3.7 MSEK) for Sirius avionics from customers in Japan. The hardware will be delivered during the fourth quarter of 2020 and software updates will be delivered in the first quarter of 2021. These are follow-on orders from existing customers.
2020-08-27 AAC Clyde Space AB (publ)
2020-08-24 AAC Clyde Space AB (publ)
AAC Clyde Space AB, SAAB AB and ORBCOMM Inc. have today announced the development of the next generation of space based VDES system, marking the beginning of a new era in maritime communications. AAC Clyde Space AB will receive 17.0 MSEK in total, of which 12.2 MSEK is in the form of a grant from the Swedish Transport Administration, to finance the building, launch and commissioning of the first satellite in the project. This is intended to be the first satellite of a future constellation to provide a VDES service.
2020-08-21 AAC Clyde Space AB (publ)
AAC Clyde Space's shares begins trading today on the OTCQX Market under the symbol "ACCMF". As an OTCQX-traded company, AAC Clyde Space can benefit from increased accessibility and visibility across the U.S. investment community. Current financial disclosure and real time quotes for the share can be found on www.otcmarkets.com.
2020-08-19 AAC Clyde Space AB (publ)
AAC Clyde Space announces today that its shares have begun trading in the US on the Pink Market under the symbol "ACCMF" and that it has applied to have its shares trade on the OTCQX Market, the highest tier within the OTC group. This will make AAC Clyde Space's shares more accessible to US investors, who can now trade the shares in US dollars in the US. US investors can find current financial disclosure and real time quotes for the company on www.otcmarkets.com
2020-07-07 AAC Clyde Space AB (publ)
Peter Anderson has been appointed Vice President Business Development with responsibility for Sales and Marketing of AAC Clyde Space's portfolio of products and services. In his new role, Peter Anderson will also join the group's management team.
2020-06-19 AAC Clyde Space AB (publ)
The Arianespace's Vega rocket scheduled for launch on Sunday June 21 from French Guiana will launch a variety of hardware built by AAC Clyde Space, including two satellites built at our Glasgow factory. The launch is planned on June 21 at 01:51 UTC / 03:51 CET, can be followed on https://www.arianespace.com/ or https://www.youtube.com/arianespace
2020-06-05 AAC Clyde Space AB (publ)
AAC Clyde Space Glasgow will develop, manufacture and gain in-orbit heritage on its next generation nano and small satellites having secured financial support from Scottish Enterprise (SE). With a standardized and modularized design, the satellites will combine cutting edge technology with constellation ready productization.