Press Releases
Craig Clark and Andrew Strain from Clyde Space join the management group of the new joint company ÅAC Microtec-Clyde Space. Craig Clark assumes a new role as Chief Strategy Officer and Founder while Andrew Strain becomes Chief Technology Officer. Both of them have taken up their new positions upon closure of the acquisition operation.
Craig Clark
In his role as Founder and Chief Strategy Officer, Craig brings an entrepreneurial edge and strategic vision for growth to the group. Having founded Clyde Space in 2005, Craig established the company as a global leader in CubeSats, pioneering new technologies and products that have helped stimulate the growth of the small satellite market to reach the unprecedented numbers of current and planned missions we see today. Using experience gained over 23 years at the cutting edge of small satellite design and delivery, Craig will work with his management team colleagues to take the business forward as we look to maximise growth potential from the rapidly expanding small satellite market.
Andrew Strain
Previously in the role of Chief Engineer at Clyde Space, Andrew has over a decade of small satellite design and delivery experience. Andrew brings a broad range of relevant expertise to his new position of Chief Technology Officer including systems engineering, product development, manufacturing, project management, quality and business development.
Andrew Strain replaces Emil Vinterhav who has decided to leave the company. Emil's last day of employment is 28 February 2018.
"I am happy to welcome Craig and Andrew to the management team, where I know both will bring new and valuable perspectives. It was an easy decision to balance the team so the original ÅAC and Clyde Space will have equal weight in the new ÅAC Group," says CEO Alfonso Barreiro. "At the same time, we all regret that Emil Vinterhav has decided to leave ÅAC and I would like to thank him for his great contribution over the years. ÅAC would not have been where we are today - on the brink of revolutionizing the space market - without Emil."
On January 29 2018, the Extraordinary General Meeting resolved the Board's proposal to acquire Clyde Space Ltd.
2018-01-30
FOR MORE INFORMATION:
Please visit: www.aacmicrotec.com or contact:
CEO Alfonso Barreiro, [email protected]
Chairman of the board Rolf Hallencreutz, [email protected]
ABOUT ÅAC MICROTEC
ÅAC Microtec is a supplier of spacecraft avionics, such as onboard computers, mass memory storage and power management units. ÅAC's technical competence includes the advanced and robust, fault-tolerant microelectronics for critical space applications. The company also markets complete satellites (weight <150 kg) in collaboration with other specialized suppliers.
ÅAC Microtec's shares are traded on Nasdaq First North Stockholm. G&W Fondkommission, telephone +46 8 503 000 50, is the Certified Adviser.
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