Press Releases

Hyperion's Star Trackers emerge as a new standard

2021-05-04 AAC Clyde Space AB (publ)
AAC Clyde Space's subsidiary Hyperion continues to celebrate wins with its star trackers, that are rapidly emerging as a de facto standard for European small satellites. So far in 2021, Hyperion has received a record €0.5milion of orders for the popular products.

Star trackers were the first product in Hyperion's portfolio, and remain one of the subsidiary's best-selling products. With a solid flight performance in space since 2015, the products have proven their reliability and efficiency resulting in them being regarded as a gold standard product by many clients. AAC Clyde Space has used the star trackers in many of its satellites, starting before acquiring Hyperion in 2020.

Star trackers are used in satellites to determine the attitude of a spacecraft. They image the star field, comparing onboard star maps with their current view. This information is then used to determine the attitude of the spacecraft and in this way control its pointing. It is a product type which is increasingly used on commercial cube and small satellites.

Hyperion's product line includes one of the world's smallest and lightest star tracker that can fit on any satellite, as well as advanced star trackers to manage very complex and particularly demanding environments. Hyperion has developed its range of star tracker products in collaboration with Germany-based Berlin Space Technologies.

"To become a de facto standard is a great achievement for a space product, paving the way for future success by allowing incremental improvements in both the product's performance as well as in its financial metrics. AAC Clyde Space is very proud to have brought these star trackers into our portfolio that already include, among others, the very successful Starbuck power systems and Sirius command and data handling units," says AAC Clyde Space CEO Luis Gomes.

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. The share is also traded on the US OTCQX-market under the symbol ACCMF.

06 May 2021
Regulatory

2021-05-06 AAC Clyde Space AB (publ)

04 May 2021

2021-05-04 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected by UAE's Mohammed Bin Rashid Space Centre (MBRSC) to deliver a 0.2 MEUR (approx. 2 MSEK) computer system for the Rashid lunar rover. This is the fourth lunar mission in which AAC Clyde Space will take part.

04 May 2021

2021-05-04 AAC Clyde Space AB (publ)
AAC Clyde Space's subsidiary Hyperion continues to celebrate wins with its star trackers, that are rapidly emerging as a de facto standard for European small satellites. So far in 2021, Hyperion has received a record €0.5milion of orders for the popular products.

30 April 2021
Regulatory

2021-04-30 AAC Clyde Space AB (publ)

27 April 2021
Regulatory

2021-04-27 AAC Clyde Space AB (publ)
AAC Clyde Space AB, the Swedish New Space company, today announces the nomination of Nicole Robinson to its board of directors.

27 April 2021
Regulatory

2021-04-27 AAC Clyde Space AB (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 on Thursday 27 May 2021 at 10.00 a.m. (CET). Attendance at the meeting is only possible via postal ballot. The CEO's statement will be published on the company's website after the annual general meeting.

22 April 2021
Regulatory

2021-04-22 AAC Clyde Space AB (publ)
At the extraordinary general meeting in AAC Clyde Space AB (publ) (the "Company") held on Thursday 22 April 2021 at 09.30 a.m. (CET) via postal ballot, the following resolutions were adopted:

01 April 2021
Regulatory

2021-04-01 AAC Clyde Space AB (publ)
The shareholders in AAC Clyde Space AB (publ), reg. no. 556677-0599 (the "Company"), are hereby given notice to attend the extraordinary general meeting on Thursday 22 April 2021 at 09.30 a.m. (CET). Attendance at the meeting is only possible via postal ballot.

31 March 2021
Regulatory

2021-03-31 AAC Clyde Space AB (publ)
AAC Clyde Space AB ("AAC Clyde Space" or the "Company") has, in accordance with what was communicated in its press release earlier today, resolved on a directed new share issue of 39,215,686 shares conditional on approval granted by the extraordinary general meeting (the "Directed New Share Issue"). The subscription price of the shares in the Directed New Share Issue amounts to SEK 2.55 per share. Through the Directed New Share Issue, AAC Clyde Space will receive proceeds amounting to approximately SEK 100 million before deduction of transaction costs. Parts of the gross proceeds will be used as part of the financing of the acquisition of the Swedish company Omnisys Instruments AB ("Omnisys") (the "Acquisition") which the Company announced earlier today, and investments in new market opportunities.

31 March 2021
Regulatory

2021-03-31 AAC Clyde Space AB (publ)
AAC Clyde Space AB ("AAC Clyde Space" or the "Company") hereby announces its intention to carry out a directed new share issue of approximately SEK 100 million directed to Swedish and international institutional investors (the "Directed New Share Issue"). The Directed New Share Issue is carried out in connection with the acquisition of the Swedish company Omnisys Instruments AB ("Omnisys") (the "Acquisition") which the Company announced today, and investments in new market opportunities.

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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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