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AAC Clyde Space wins SEK 6.1 M order

2023-02-08 AAC Clyde Space AB (publ)
AAC Clyde Space has won a USD 0.59 M (approx. SEK 6.1 M) order for reaction wheels to be used on a number of small satellites.  The order comes from a US blue chip company.

The order includes engineering and flight models and qualification testing of reaction wheels, an instrument used primarily for three-axis attitude control of spacecraft. The instrument provides high pointing accuracy and is used to rotate spacecraft to keep payloads in correct angle.

AAC Clyde Space expect to have completed delivery of the order during the fourth quarter 2023.

"That we have been selected for this order illustrates our strong position in attitude control, a field that has become key to broaden the applications for small satellites," 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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