AAC Clyde Space takes measures to mitigate Corona effects

2020-03-17 AAC Clyde Space AB (publ)

The recent evolution of the coronavirus pandemic has taken us all to uncharted territory. We face a continuously changing situation, affecting not only our own countries but also our global clients and suppliers. I would like to share with you how we at AAC Clyde Space will continue to deliver our products and services in the coming weeks, and what changes to our day to day work will take place. The measures are intended to ensure that we can continue our operations as close to normal as possible.

We have been carefully monitoring the advice of the World Health Organisation and of the national health authorities in Sweden and the United Kingdom for the past several weeks. We developed an internal plan to address the impact of the outbreak on our business and our staff. As the situation evolved over the past week, we updated the plan, introducing a set of new policies and working practices. The new policies and practices went live on Friday, 13th and cover some key aspects of our day to day work.

Our facilities will remain open, but we are making as much use of remote working as practically possible. Staff that can work effectively from home are being requested to do so. This covers around 70% of our staff, with the remaining being involved in manufacture activities that will continue normally in our facilities.

We have introduced a ban on near term travel to reduce the risk of contagion and stop our people getting stranded by border closures or quarantines. We had already cancelled our participation at the Space Symposium and will not participate in other conferences or exhibitions in the next two months. And although we really enjoy receiving clients, business partners and other visitors in our facilities, for the next few weeks we are asking that we meet electronically rather than in person.

Lastly, we are working with our supply chain to ensure that we have the supplies we need to be able to deliver our current and future orders. The management team is continuously maintaining our internal Business Continuity Plan to ensure that we deliver the products and services that our customers expect, on-time.

These are challenging times and we are working to minimize disruption to our operations. We will continue to monitor the situation and provide updates over the next few weeks. We remain open, and at least for now, it is business as usual even if with some adaptations to our working practice.

AAC Clyde Space continue to operate as normal within our regular office hours of 8.30am to 5pm, in Sweden and the UK. Should you have any questions at this stage, please do not hesitate to get in touch. Our contact details can be found here https://www.aac-clyde.space/contact-us

Best Regards
Luis Gomes
CEO

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.

Delårsrapport för AAC Clyde Space AB (publ) januari - mars 2020

2020-05-15 AAC Clyde Space AB (publ)


Interim report for AAC Clyde Space AB (publ) January - March 2020

2020-05-15 AAC Clyde Space AB (publ)






AAC Clyde Space AB (publ) kallar till årsstämma

2020-04-30 AAC Clyde Space (publ)
Aktieägarna i AAC Clyde Space AB (publ), org. nr 556677-0599 (nedan benämnt "Bolaget"), kallas härmed till årsstämma tisdagen den 2 juni 2020 klockan 13.00 att avhållas i AAC Clyde Spaces lokaler, Dag Hammarskjölds väg 48, 751 83 Uppsala. Inregistrering till stämman börjar klockan 12.30.


NOTICE TO ATTEND THE ANNUAL GENERAL MEETING IN AAC CLYDE SPACE AB (PUBL)

N.B. This English text is an unofficial translation of the Swedish original of the notice to attend the annual general meeting, available for download at https://www.aac-clyde.space/. In case of any discrepancies between the Swedish and English language versions, the Swedish version shall prevail.

2020-04-30 AAC Clyde Space (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 at 13.00 p.m. on 2 June 2020 at AAC Clyde Space's premises, Dag Hammarskjölds väg 48, SE-751 83 Uppsala, Sweden. Registration for the meeting commences at 12.30 p.m.


AAC Clyde Space vinner order om 2,5 MSEK från Loft Orbital

2020-04-16 AAC Clyde Space (publ)
AAC Clyde Space har vunnit ytterligare en 2,5 MSEK (USD 250 000) order från Loft Orbital på kraftsystem till två satelliter. Systemen ska levereras under 2020, först en utvecklingsmodell under innevarande kvartal som ska följas av flygmodeller till två satelliter under senare hälften av 2020.


AAC Clyde Space wins 2.5 MSEK order from Loft Orbital

2020-04-16 AAC Clyde Space (publ)
AAC Clyde Space has won an additional 2.5 MSEK (USD 250 000) order from Loft Orbital for power systems for two satellites. The systems will be delivered during 2020, starting with an engineering model in the current quarter to be followed by flight models for two satellites in the latter half of 2020.


AAC Clyde Space vinner order på kommersiell satellit värd 8 MSEK

2020-04-02 AAC Clyde Space AB (publ)
AAC Clyde Space har vunnit en order på en 6U-satellit till ett värde av ca 8 MSEK (642 000 GBP) från Orbital Micro Systems (OMS). Satelliten, som skjuts upp inom ramen för det brittiska rymdprogrammet, kommer att ingå i OMS kommersiella GEMS-program som ska leverera korrekt och aktuell väderinformation till företag över hela världen för att öka verksamheternas effektivitet och minimera skador orsakade av extremt väder. Satelliten är planerad att levereras i april 2021.


AAC Clyde Space wins 8 MSEK order for commercial satellite

2020-04-02 AAC Clyde Space (publ)
AAC Clyde Space has won an 8 MSEK (£642 000) order for a 6U satellite from Orbital Micro Systems (OMS), to be launched as part of the UK Space Launch Programme. The satellite will be included in the company's commercial GEMS program that will deliver accurate and timely weather information to businesses worldwide to improve operational efficiencies and to minimize damage caused by extreme weather. The satellite is scheduled for delivery in April 2021.


AAC Clyde Space vidtar åtgärder för att minska effekter av Corona

2020-03-17 AAC Clyde Space AB (publ)


AAC Clyde Space takes measures to mitigate Corona effects

2020-03-17 AAC Clyde Space AB (publ)


AAC Clyde Space levererar batterier för 7,0 MSEK till en månmission

2020-02-27 AAC Clyde Space AB (publ)
AAC Clyde Space har valts ut att leverera batterier till månlandaren Nova-C, en mission som leds av amerikanska Intuitive Machines. Genom att utvidga sin ursprungliga order (se pressmeddelande 24 januari 2020) på kraftsystem till att även omfatta batterier kan Intuitive Machines optimera månfarkostens kraftproduktion och lagring på det mest kostnadseffektiva sättet. Värdet på tilläggsordern är ca 7,0 MSEK (730 000 USD).


AAC Clyde Space to deliver batteries of a value of 7.0 MSEK for lunar mission

2020-02-27 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected to supply batteries to the Nova-C lunar lander mission led by the U.S. company Intuitive Machines. The agreement broadens the scope of its original order (see press release January 24th, 2020) from power systems to also include batteries that will enable Intuitive Machines to optimize the mission's power generation and storage in the most cost-efficient way. The value of the extension is approx. 7.0 MSEK (USD 730.000).


Bokslutskommuniké för AAC Clyde Space AB (publ) januari - december 2019

2020-02-20 AAC Clyde Space AB (publ)


Year-end report for AAC Clyde Space AB (publ) January - December 2019

2020-02-20 AAC Clyde Space AB


AAC Clyde Space levererar PICASSO, den gyllene kubsatelliten

2020-02-05 AAC Clyde Space AB (publ)
AAC Clyde Space har levererat PICASSO, en 3U kubsatellit, till Belgian Institute for Space Aeronomy för integrering vid en anläggning i Delft. Satelliten planeras att skjutas upp från Franska Guyana på en Arianespace Vega-raket den 24 mars.


AAC Clyde Space Delivers PICASSO, the Golden CubeSat

2020-02-05 AAC Clyde Space (publ)
AAC Clyde Space has delivered PICASSO, a 3U CubeSat, to the Royal Belgian Institute for Space Aeronomy at a facility in Delft for pod integration. The satellite is planned to be launched from French Guiana on an Arianespace Vega on the 24th of March 2020.


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