Press Releases
2023-01-17 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has received a EUR 234 k (approx. SEK 2.6 M) 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.
The order follows orders in December 2020, and January 2022 to the same project. The reusable spacecraft is intended to deorbit in a controlled manoeuvre to deliver its products and results back to Earth after six months in-orbit, thereby enabling efficient production and revolutionary experiments by leveraging the micro gravity in-orbit. The spacecraft is designed for re-entry into the atmosphere and landing on Earth. Back on Earth the satellites will be recovered, refurbished, and eventually re-launched.
The order is for an integrated attitude determination and control system and a Kryten OBC to be used as ground reference to the ForgeStar-1 mission, forming a complete attitude and control system for the spacecraft. The instruments provide high pointing accuracy and unmatched computing power to the spacecraft and makes it highly agile. AAC Clyde Space expects to have completed delivery of the order during the second quarter 2023.
"AAC is proud to extend the collaboration with Space Forge on this revolutionary project, pushing the boundaries of the possible," says AAC Clyde Space CEO Luis Gomes.
"We're pleased to be continuing our work with AAC Clyde Space on the ForgeStar-1 mission. Collaboration is key to innovation and this will enable us to establish reliable return, with the ultimate goal of offering microgravity as a service," says Space Forge CEO and Co-founder Joshua Western.
The ultimate goal of the project is to establish a continuous space-based production by a monthly satellite launch. A test campaign of several satellites is planned to bring the service to commercialisation and shall be supported by AAC Clyde Space.
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.
2023-05-25 AAC Clyde Space AB (publ)
At the annual general meeting in AAC Clyde Space AB (publ) (the "Company") held on Thursday 25 May 2023 at 13:00 (CEST), the following resolutions were adopted:
2023-04-27 AAC Clyde Space AB (publ)
2023-04-25 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 at 13:00 CEST on Thursday 25 May 2023 at Elite Hotel Academia's premises at Suttungs gränd 6 in Uppsala, Sweden.
2023-04-25 AAC Clyde Space AB (publ)
2023-04-19 AAC Clyde Space AB (publ)
Publication of AAC Clyde Space's report for the first quarter will be brought forward to April 25, 2023. Previously announced date for publication was May 25, 2023.
2023-04-15 AAC Clyde Space AB (publ)
EPICHyper-1, a 6U AAC Clyde Space EPIC VIEW satellite, was successfully launched on the SpaceX Transporter 7 mission on April 15, 2023. The satellite will deliver Earth observation data to Canadian company Wyvern Inc., under an exclusive Space Data as a Service (SDaaS) deal. It is planned to be followed by the launch of a further two 6U satellites during 2023.
2023-04-14 AAC Clyde Space AB (publ)
AAC Clyde Space has been part of the team developing the SWI instrument onboard the European Space Agency's (ESA) Jupiter mission JUICE, that started travelling to its destination after launching from French Guinea at 14:14 CEST today onboard an Ariane 5 rocket.
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.
2023-03-28 AAC Clyde Space AB (publ)
AAC Clyde Space has expanded its existing overdraft bank facility from SEK 5 M to SEK 30 M. The move will enable the Group to deliver on its expanding order backlog, as it strengthens the working capital to an appropriate level for current business activities.
2023-03-22 AAC Clyde Space AB (publ)
A consortium including AAC Clyde Space subsidiary Hyperion, has been selected by TNO of the Netherlands to deliver a new direct-to-Earth laser communication terminal for small satellites in LEO. The order value is EUR 0.3 M (approx. SEK 3.3 M) with planned delivery in 2025.
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