2020-11-05 AAC Clyde Space AB (publ)
At the extraordinary general meeting in AAC Clyde Space AB (publ) held on 5 November 2020 at 10.30 a.m. (CET) at the company's premises, Dag Hammarskjölds väg 48 in Uppsala, the following resolutions were adopted:
· Resolution on new issue of units with payment in kind in terms of all shares in SpaceQuest Ltd.
The extraordinary general meeting resolved in accordance with the board of directors' proposal on new issue of units, including no more than 24,000,000 new shares and no more than 4,885,712 warrants. Meaning that the company's share capital may increase with no more than SEK 960,000 through the issue of shares and no more than SEK 195,428.48 through the issue of shares through the exercise of warrants, meaning that the share capital may increase with, in total, no more than SEK 1,155,428.48 and the number of shares may increase, in total, with no more than 28,885,712. The issue is directed to the shareholders of SpaceQuest Ltd and all 2,000 outstanding shares in SpaceQuest Ltd constitutes payment for the shares in the issue.
· Resolution on new issue of shares with payment in kind in terms of all shares in Hyperion B.V.
The extraordinary general meeting resolved in accordance with the board of directors' proposal on new issue of shares, entailing that the company's share capital shall increase by SEK 310,200 through the issuance of 7,755,000 shares. The issue is directed to the shareholders of Hyperion B.V. and all 90 shares in Hyperion B.V. constitutes payment for the shares in the issue.
The nature of this information requires AAC Clyde Space AB (publ) to publish it as provided in the Nasdaq First North Growth Markets Rules for Issuers. This information was issued under the supervision of the contact persons above for publication on 5 November 2020 at 13:00 CET.
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 email@example.com, telephone +46 8 463 83 00, is the Certified Adviser.
2021-03-01 AAC Clyde Space AB (publ)
AAC Clyde Space AB is updating its management structure to increase agility and underpin continued growth. The group is implementing a distributed management structure, with group level sales and strategic leadership in Group management, and geographical operations management for each country.
2021-02-25 AAC Clyde Space AB (publ)
Craig Clark has decided to leave AAC Clyde Space where he has been CSO. Craig has held the position since 2018 when AAC merged with Clyde Space to form AAC Clyde Space.
2021-02-18 AAC Clyde Space AB (publ)
2021-01-05 AAC Clyde Space AB (publ)
AAC Clyde Space AB (publ) ("AAC") subsidiary Hyperion has been awarded a MEUR 0.15 (approx. 1.5 MSEK) order to carry out an in-orbit verification of CubeCAT, its space-based laser communication terminal. CubeCAT is designed to enable ultra high-speed downlink of data from small satellites, greatly improving and facilitating their data communication.
2020-12-30 AAC Clyde Space AB (publ)
AAC Clyde Space AB (publ) ("AAC") announced on October 15, 2020 that an agreement had been reached to acquire all shares in SpaceQuest Ltd. All conditions for completion of the acquisition have been met and the acquisition has thus been completed. Hence, AAC Group has a strong foothold in the United States, the world's largest space market.
2020-12-18 AAC Clyde Space AB (publ)
AAC Clyde Space has been commissioned by British Space Forge to design a satellite platform that is to take advantage of the space environment for production in-orbit. The satellite is intended to stay in-orbit for six months and thereafter descend on Earth for the product to be delivered to customers. This order for the first phase of a potential larger project with a value of 0.1 million GBP (approx. 1.3 MSEK) and scheduled for delivery in March 2021.
2020-11-26 AAC Clyde Space AB (publ)
The Committee on Foreign Investments in the United States (CFIUS) has determined that there are no unresolved national securities concerns with AAC Clyde Space acquiring SpaceQuest Ltd. AAC Clyde Space will now initiate the closing process which is expected to be finalised during December 2020.
2020-11-26 AAC Clyde Space AB (publ)
2020-11-18 AAC Clyde Space AB (publ)
AAC Clyde Space embarks on a 3-year project, named xSPANCION, with the European Space Agency (ESA) to develop an innovative satellite constellation service, including the manufacturing of 10 spacecrafts. The UK Space Agency through ESA, will co-fund the project with 9.9 MEUR (approx. 101.4 MSEK). AAC Clyde Space intends to, outside this project, enter into customer service agreements for data delivery from the constellation.
2020-11-10 AAC Clyde Space AB (publ)