Press Releases
2021-11-15 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has named Chris Fauquier, currently COO at SpaceQuest, as CEO for the US subsidiary. The move follows Dr. Dino Lorenzini's transition to the role of Group Chief Science Officer (CSO) of AAC Clyde Space. Dr. Lorenzini is the founder of SpaceQuest and was until now its CEO.
Dr. Lorenzini founded SpaceQuest in 1994 and has been instrumental in building the company's technological, scientific and business track record. In his new role, Dino will work with all companies in the Group to head up its scientific development, a key area in the rapidly evolving small satellite field.
"I look forward to assuming a global role as CSO as we gear up to really make an impact within the small satellite field and feel very glad that I am handing over the leadership at SpaceQuest to Chris, who has worked closely with me for the last four years. I strongly believe that AAC has just started its journey and my commitment to the Group - both professional and as an investor - is long term," says CSO Dino Lorenzini.
Chris Fauquier joined SpaceQuest in 2017 as COO and has worked closely with Dino ever since. Chris is an experienced global executive with strong leadership skills. He has held numerous senior management roles establishing, growing and leading aerospace and energy business units for US and European Fortune 100 companies.
"These are exciting times in the space industry and I look forward to leading SpaceQuest in its continued expansion while working closely with the great global team at AAC", says SpaceQuest Ltd CEO Chris Fauquier.
"We are delighted to have Dino join the executive team as CSO and leverage his experience throughout the Group, while also promoting Chris to the top role in the US. I welcome them both to their new roles", 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, e-mail [email protected], telephone +46 8 463 83 00, is the Certified Adviser. The share is also traded on the US OTCQX-market under the symbol ACCMF.
2023-03-22 AAC Clyde Space AB (publ)
A consortium including AAC Clyde Space subsidiary Hyperion, has been selected by TNO of the Netherlands to deliver a new direct-to-Earth laser communication terminal for small satellites in LEO. The order value is EUR 0.3 M (approx. SEK 3.3 M) with planned delivery in 2025.
2023-03-01 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading new space company, has shipped the first of three satellites that are set to deliver hyperspectral imagery data to Canadian company, Wyvern. The satellites will continue the transformation of AAC Clyde Space into a space-based data company over the coming years.
2023-02-23 AAC Clyde Space AB (publ)
2023-02-16 AAC Clyde Space AB (publ)
The small satellite company AAC Clyde Space has been selected to deliver products valued at USD 1.6 M (approx. SEK 16.6 M) to a US blue chip company.
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.
2023-02-01 AAC Clyde Space AB (publ)
AAC Clyde Space has won an order for satellite subsystems valued at USD 2.3 M (approx. SEK 23.8 M) from a US development company supplying spacecraft and other multi-mission systems.
2023-01-26 AAC Clyde Space AB (publ)
A consortium including AAC Clyde Space's subsidiary AAC Hyperion has been selected by European Defence Fund to develop a less than 100 kg satellite to be placed in geostationary orbit (GEO) for space situational awareness. The satellite, named Naucrates, is not to be trackable from ground radar, optical telescope or radio telescope. It is set to be the first European GEO satellite for Space Situational Awareness (SSA) in GEO.
2023-01-17 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has received a EUR 234 k (approx. SEK 2.6 M) order from UK-based Space Forge to provide space products for a demonstration spacecraft designed to leverage the space environment for production and experiments, capable of performing multiple trips to space.
2023-01-12 AAC Clyde Space AB (publ)
An AAC Clyde Space manufactured satellite was lost when the Virgin Orbit rocket launched from Cornwall on Monday, January 10, failed to reach orbit. All satellites on the launch are reported to have been lost, including IOD-3 manufactured by AAC Clyde Space for the Satellite Applications Catapult.
2023-01-06 AAC Clyde Space AB (publ)
Kelpie-1, a 3U AAC Clyde Space EPIC nanosatellite, was successfully launched on the SpaceX Transporter-6 mission on January 3, 2023. Kelpie-1 will deliver AIS data to the U.S. company ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, under an exclusive Space Data as a Service (SDaaS) deal. It is planned to be followed by the launch of a second Kelpie satellite in the first half of 2023.
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