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AAC Space Africa licenses technology and expands product range

2022-11-03 AAC Clyde Space AB (publ)
AAC Space Africa, part of the AAC Clyde Space group, is bringing in-house the manufacture and distribution of the Pulsar range of satellite communication systems after licensing the technology.

The Pulsar range is already part of the AAC Clyde Space offering, having proven its outstanding performance and excellent quality in many missions since 2012, including in AAC built satellites. AAC Space Africa is the group's centre for radio communication systems and the license will enable it to reduce delivery lead times whilst building on existing experience as a manufacturer.

"Bringing the Pulsar range inhouse highlights our commitment to the African market and AAC Space Africa's role in our group. It also helps us to maintain the high quality and reliability that is the foundation of the AAC Clyde Space brand," says AAC Clyde Space CEO Luis Gomes.

The Pulsar range includes UHF/UHF and UHF/VHF transceivers, S-band transmitters and patch antennas, for both commercial and amateur bands.

AAC Clyde Space founded AAC Space Africa in 2021 to capitalize on the rapidly growing market for satellites and space services in Africa. AAC Space Africa designs, builds, and delivers space missions to the continent from its Cape Town base in South Africa's Western Cape Province.

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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