Press Releases
ÅAC Microtec had the honor to host HE Ambassador Jun Yamazaki and Col. Hiroyuki Fujita at its office in Uppsala. The successful Uppsala-based space company updated them on the ongoing and future Japanese collaborations.
"It's a great honor and pleasure to welcome HE Ambassador of Japan Jun Yamazakito ÅAC Microtec. We are proud of the successful cooperations we have with Japanese companies and organizations. As Japan is in the forefront of advanced space technology solutions the country is a key market for us," says Mikael Andersson, CEO at ÅAC Microtec.
ÅAC Microtec globally provides high value space solutions and systems for commercial and governmental customers through its partner network and offices in Uppsala, Sweden, and Moffett Field, CA, USA. The company is, today, a core development partner in leading programs to launch new, smaller satellites for the new space market. Based on its advanced position in these programs, ÅAC's ambition is to further strengthen its position as a strategic supplier for the growing aerospace industry. For more information, visit www.aacmicrotec.com.
ÅAC has in recent weeks won important and prestigious orders indicating that the company's transition from a development company into a commercial product company is well underway. ÅAC would like to underscore though that this transition also involves transiting from one revenue model with steady income streams from development projects into the new revenue model primarily based on product sales.
ÅAC has secured a contract with Airbus Defense and Space in UK to supply power subsystems for the ground testing of the ExoMars rover. This is the first of two orders for this type of equipment with an initial order value of 1.1 MSEK a delivery timescale of February 2018.
In addition to his role as CFO, Mats Thideman is appointed Deputy CEO
ÅAC Microtec's Sirius products have been selected as key components for the development of two new platforms. The customers are commercial organisations based in England and Japan. The order value of the development unit's amounts to approximately 65 kEUR.
Brent Abbott brings to ÅAC extensive business development experience and was in his previous role responsible for major contracts with CYGNSS, a NASA constellation now flying, and OTB-1, the world's first completely commercial hosting satellite mission, due for launch next year. Michael Carey, current CEO, will remain in AAC Microtec North America Inc. as a member of the board.
ÅAC Microtec AB ÅAC Microtec appoints Alfonso Barreiro, a seasoned space sector professional, as its new CEO.
ÅAC Microtec AB ÅAC Microtec AB (publ.) receives 1.4 million SEK from the Swedish National Space Board to continue development of the patent pending Bluestone technology.
ÅAC Microtec AB (publ) and Bright Ascension Ltd launch a joint product offering for satellite integrators.
ÅAC Microtec AB ÅAC Microtec AB (publ) and Bright Ascension Ltd have today entered into an Interim Agreement that facilitates the joint offering of products for spacecraft avionics.
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