Press Releases

AAC Clyde Space with several satellites on Ariane Vega rocket

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

Vega was originally designed to loft satellites ranging from 300 to 2,500 kg. The coming flight will be the first to demonstrate a new technology for "ride-sharing" enabling more and smaller satellites to use the rocket to reach orbit. It will launch 53 micro and nanosatellites, of these seven microsatellites ranging from 15 kg to 150 kg and 46 smaller CubeSats.

"Sunday will be an exciting day for us when a lot of the hardware we built during the past couple of years will be sent into space. And this launch will mark the start of a very exciting chapter for the European space industry, firmly establishing Vega as a reference for the launch of small satellites. As a manufacturer of Cubesats we are delighted to be part of this important step in the development of this launcher" said AAC Clyde Space CEO Luis Gomes.

Vega will carry two satellites manufactured by AAC Clyde Space. PICASSO, a 3U CubeSat built for the Royal Belgian Institute for Space Aeronomy (BISA) and the European Space Agency (ESA). The satellite is an earth observation mission that will demonstrate a scientific capacity for atmospheric remote sensing with VISION (a hyper-spectral imager) and in situ measurements with the Sweeping Langmuir Probe. The launcher will also carry TARS, built for Kepler Communication. TARS will offer communication services for Internet of Things (IoT) and data backhaul applications.

Moreover, AAC Clyde Space has supplied key avionics to other spacecraft ride-sharing on the launch. Among these a Power Control and Distribution Unit (PCDU) and solar panels on Lux Space ESAIL satellite.

'"The launch of PICASSO is a very exciting moment that marks the beginning of a new era in the study of the Earth's atmosphere. Indeed, PICASSO will soon bring experimental evidence that CubeSats, and more generally small-sats, are now genuine scientific tools available to the Earth Observation community. Thanks to their small cost, which enables them to be deployed as a fleet, they will provide scientific-grade data with a high repetition rate and an unequaled ground coverage" said BIRA-IASB Project Manager Didier Pieroux.

"Kepler is looking forward to the successful commissioning of TARS and having its capacity added to our satellites already on orbit. All three of our pathfinder satellites have been built with AAC Clyde Space, and their success has enabled us to continue to execute against our Mission of building the internet in space." said Kepler Head of Satellite Programs & Launch, Jared Bottoms.

More information about the mission: https://www.arianespace.com/mission/vega-flight-vv16/

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.

19 June 2020

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

05 June 2020
Regulatory

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.

04 June 2020

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.

02 June 2020
Regulatory

2020-06-02 AAC Clyde Space (publ)
The annual general meeting in AAC Clyde Space AB (publ) was held on Tuesday 2 June 2020 at the company's premises at Dag Hammarskjölds väg 48, SE-751 83, Uppsala, Sweden. The following resolutions, amongst others, were passed at the general meeting.

01 June 2020

2020-06-01 AAC Clyde Space (publ)
AAC Clyde Space will host a live question and answer session for shareholders June 9th at 10.30 CET which will be hosted by AAC Clyde Space's CEO Luis Gomes and CFO Mats Thideman.

15 May 2020
Regulatory

2020-05-15 AAC Clyde Space AB (publ)

30 April 2020
Regulatory

N.B. This English text is an unofficial translation of the Swedish original of the notice to attend the annual general meeting, available for download at https://www.aac-clyde.space/. In case of any discrepancies between the Swedish and English language versions, the Swedish version shall prevail.

2020-04-30 AAC Clyde Space (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 p.m. on 2 June 2020 at AAC Clyde Space's premises, Dag Hammarskjölds väg 48, SE-751 83 Uppsala, Sweden. Registration for the meeting commences at 12.30 p.m.

16 April 2020

2020-04-16 AAC Clyde Space (publ)
AAC Clyde Space has won an additional 2.5 MSEK (USD 250 000) order from Loft Orbital for power systems for two satellites. The systems will be delivered during 2020, starting with an engineering model in the current quarter to be followed by flight models for two satellites in the latter half of 2020.

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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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