ÅAC Microtec confirms successful launch of DaVinci Mission, enabling students to access space

Small satellite experts AAC Clyde's DaVinci mission was successfully launched on December 16th from Mahia, New Zealand on Rocket Lab's Electron Rocket. The customer, U.S. North Idaho Stem Charter Academy has since then confirmed that contact has been made with the spacecraft, with all spacecraft systems performing as planned.

The 3U satellite mission is produced for a group of high school students from Idaho, United States after they won the NASA ELaNa nanosatellite mission award. The low-cost research satellite is aligned with NASA's new focus on launching a host of small satellites, or CubeSats, to study Earth and space. 

- DaVinci is not only a unique project for AAC Clyde but also for the space industry in general. The ambition with the satellite is to inspire the next generation of innovators around the world, something we are delighted to support and be part of. I'm really looking forward to seeing the first images downloaded and being shared with the next generation of engineers and scientists, says Craig Clark MBE, AAC Clyde Founder and Chief Strategy Officer.

The DaVinci mission will teach students about radio waves, aeronautical engineering, space mechanics and geography, by sending communication signals to schools around the world. The satellite carries a Globalstar modem, allowing schools to communicate with the spacecraft and download daily images captured by DaVinci and uplinked through the Globalstar Network.

AAC Clyde will provide support for on orbit test of the satellite, commissioning and ongoing operations services using the STEM Charter ground station in the United States.

About project DaVinci
Project DaVinci's mission objective is to 'light up minds' around the world with global educational access to the satellite. This cutting-edge satellite will send short messages to receiver kits tuned to a specific frequency for VHF uplink and UHF downlink. This information will include the status of the satellite as well as an inspirational message to students encouraging them to pursue their dreams in STEM (Science, Technology, Engineering and Mathematics) related fields. 

The students, from North Idaho STEM Charter Academy in Rathdrum, led by their teacher Elizabeth Brubaker, said their goal was "to offer people everywhere a connection to space that has only been felt by astronauts".

The teenagers are being helped by Burt Rutan, designer of the world's first private spaceship, Spaceship One, which is now hanging in the Smithsonian Air & Space Museum, and Peter Diamandis, who launched the $10 million XPRIZE to jumpstart a private race to space - won by Rutan and his team at Scaled Composites.

The mission is funded through sponsorship and crowdfunding. One of the team leaders, Erik Finman, previously named as Time Magazine's most influential teen and a Bitcoin millionaire was instrumental in crowd funding and securing sponsors

2018-12-20

FOR MORE INFORMATION:
Please visit: www.aacmicrotec.com and www.clyde.space or contact: 

CEO Alfonso Barreiro, investor@aacmicrotec.com
Chairman of the board Rolf Hallencreutz, investor@aacmicrotec.com

ABOUT ÅAC MICROTEC
ÅAC Microtec, and its subsidiary Clyde Space, offer a full turnkey mission service from design to on-orbit operations including reliable platforms in the range of 1 to 50 Kg; customizable to suit our customers' requirements. Their end-to-end service package enables our customers to reach their mission goals with a single, trusted point of contact. In addition, they supply a full range of subsystems for cube satellites and small satellites. The company has offices in Sweden, the UK and USA. 

ÅAC Microtec's shares are traded on Nasdaq First North Stockholm. G&W Fondkommission, telephone +46 8 503 000 50, is the Certified Adviser.

About CubeSats
CubeSats are fully functional satellites.  CubeSat have standard dimensions are measured in standard "Units" or "U's" with a 1U CubeSat being 100mm x 100mm x 110mm and about 1.1kg, a 3U CubeSat being 100mm x 100mm x 330mm and about 4kg, and so on.  CubeSats typically piggy-back on other launches.  The range of applications of CubeSats is increasing rapidly as the technology and capabilities of these tiny spacecraft continue to improve.

ÅAC Microtecs framgång med Sirius fortsätter med 11,3 MSEK order

AAC Clyde Spaces, Europas ledande småsatellitbolag, framgång med satellitdelsystemen Sirius fortsätter med en order om totalt 11,3 MSEK, från en stor europeisk satellittillverkare. Två uppsättningar delsystem kommer att levereras inom sex månader för att användas i en ej offentliggjord rymdmission.


ÅAC Microtec's Sirius range extends its success through 11.3 MSEK order

AAC Clyde Space, Europe's leading New Space mission specialists, extends the success of its Sirius satellite subsystems range with an order valued at a total of 11.3 MSEK, from a major European satellite manufacturer. Two sets of subsystems will be delivered in six months and will be used in an undisclosed mission.


ÅAC Microtec vinner order på delsystem till småsatelliter från US Air Force Academy

2019-10-01 ÅAC Microtec AB (AAC Clyde Space)
AAC Clyde Space, har fått en ny order på delsystem från US Air Force Academy till deras FalconSat-program. Ordern, med ett värde på ca 655 000 USD (ca 6,4 MSEK), avser tre solpaneler och åtta 1,2Nm reaktionshjul till småsatelliter i nästa FalconSat-mission. Det är tredje gången US Air Force Academy har valt AAC Clyde Space för leverans av delsystem till deras rymdmission för småsatelliter.


ÅAC Microtec Awarded Contract from US Air Force Academy for Small Satellite Components

2019-10-01 ÅAC Microtec AB (AAC Clyde Space)
AAC Clyde Space, has received a new order of components from the US Air Force Academy and its FalconSat programme. The order, with a value of USD 655,000 (approx. 6,4 MSEK), is for a set of THREE small satellite solar panels and EIGHT 1.2Nms small satellite reaction wheels for the next FalconSat mission. This is the third time the US Air Force Academy has selected AAC Clyde Space to supply small satellite components for its missions.


ÅAC Microtec AB (publ) beviljas 2,2 MSEK för nästa generations kraftsystem

AAC Clyde Space har beviljats anslag om 2,2 miljoner SEK från Rymdstyrelsen för att stödja utvecklingen av nästa generations kraftsystem (EPS) för satelliter i storleken 50 - 250 kg. Denna nästa generations "Starbuck-Mini EPS" erbjuder satellittillverkare ett tillförlitligt och konkurrenskraftigt alternativ till egentillverkade kraftsystem.


ÅAC Microtec AB (publ) awarded 2.2 MSEK to develop next generation power subsystems

AAC Clyde Space has been awarded 2.2 million SEK from the Swedish National Space Agency to support the development of its next generation of satellite power subsystems (EPS) for the 50 - 250 kg satellite class. This next gen Starbuck-Mini EPS will offer a reliable and competitively priced option to spacecraft manufacturers.


Kallelse till extra bolagsstämma i ÅAC Microtec AB (publ)

Aktieägarna i ÅAC Microtec AB (publ), org.nr 556677-0599, kallas härmed till extra bolagsstämma den 29 oktober 2019 klockan 13.00 att avhållas i bolagets lokaler på Dag Hammarskjölds väg 48, 752 37 Uppsala. Inregistrering till stämman börjar 12.30.


Notice to attend the extraordinary general meeting in ÅAC Microtec AB (publ)

The shareholders in ÅAC Microtec AB (publ), reg. no. 556677-0599, are hereby given notice to attend the extraordinary general meeting at 29 October 2019 at 13:00 p.m. (CET) at the company's premises at Dag Hammarskjölds väg 48, 752 37 Uppsala, Sweden. Registration for the meeting commences at 12:30 p.m. (CET).


ÅAC Microtec vinner order från Eutelsat

AAC Clyde Space, Europas ledande småsatellitbolag, har vunnit en order från den ledande satellitoperatören Eutelsat för leverans och uppskjutning av två IoT-satelliter i storleken 6U.


ÅAC Microtec wins order from Eutelsat

AAC Clyde Space, Europe's leading New Space mission specialists, has won an order from leading satellite operator Eutelsat to deliver and launch two Internet of Things (IoT) 6U CubeSats.


ÅAC MICROTEC AB (PUBL) PUBLICERAR ORDERSTOCKEN

För att öka insynen och underlätta förståelsen för hur verksamheten utvecklas har AAC Clyde Space beslutat att inkludera orderstocken i kvartalsrapporteringen.


ÅAC MICROTEC AB (PUBL) PUBLISHES ORDER BACKLOG

In order to increase transparency and facilitate the understanding of how operations develop, AAC Clyde Space has decided to include order backlog in its quarterly reporting.  




Delårsrapport för ÅAC Microtec AB (publ) januari - juni 2019

Andra kvartalet, april - juni 2019 (jämfört med april - juni 2018)

  • Nettoomsättningen uppgick till 16,7 (22,1) MSEK
  • Rörelseresultatet före avskrivningar, EBITDA, uppgick till -7,7 (-5,8) MSEK. EBITDA exklusive valutakursförluster uppgick till -5,2 (-5,8) MSEK
  • Rörelseresultatet efter avskrivningar uppgick till -10,8 (-10,0) MSEK
  • Resultat efter skatt uppgick till -11,0 (-10,0) MSEK
  • Resultat per aktie före och efter utspädning uppgick till -0,14 (-0,15) SEK
  • Kassaflödet från den löpande verksamheten uppgick till -3,6 (-14,6) MSEK

Interim report for ÅAC Microtec AB (publ) January - June 2019

Second quarter, April-June 2019 (compared with April-June 2018)

  • Net sales amounted to SEK 16.7 M (22.1)
  • Operating loss before depreciation/amortisation (EBITDA) totalled SEK -7.7 M (-5.8). EBITDA excluding exchange losses totalled SEK -5.2 M (-5.8)
  • Operating loss after depreciations/amortisations totalled SEK -10.8 M (-10.0)
  • Loss after tax totalled SEK -11.0 M (-10.0)
  • Basic and diluted earnings per share amounted to SEK -0.14 (-0.15)
  • Cash flow from operating activities totalled SEK -3.6 M (-14.6)

ÅAC MICROTEC TECKNAR AVTAL MED ERIK PENSER OM ANALYSUPPDRAG

AAC Clyde Space har ingått avtal om analystjänsten Penser Access med Erik Penser Bank. Den första analysen publiceras då Erik Penser är klar med genomgången av AAC Clyde Space.


ÅAC MICROTEC SIGNS AGREEMENT WITH ERIK PENSER REGARDING ANALYTICAL SERVICES

AAC Clyde Space has signed an agreement for the analytical service Penser Access with Erik Penser Bank. The first analysis will be published when Erik Penser has finalised the review of AAC Clyde Space.


ÅAC Microtec lanserar ny branding och ny hemsida

ÅAC Microtec AB och dotterbolaget Clyde Space Ltd lanserar ny branding och en ny hemsida. Från och med måndag 5 augusti verkar företagen under namnet "AAC Clyde Space"; ett namn som bibehåller arvet från båda företagen i Sverige och Skottland och återspeglar att de arbetar som en enhet. Det nya gemensamma namnet åtföljs av en ny design och logotyp.


ÅAC Microtec announces unveiling of new branding and website

ÅAC Microtec AB, and its subsidiary Clyde Space Ltd, announce the unveiling of the company's new combined branding and website.  From Monday 5th August, both business will operate under the name 'AAC Clyde Space'; a name that maintains the heritage of both businesses in Sweden and Scotland and combined to reflect the fact that both sites work together as one operation.  The change in name will be accompanied by a new logo and branding.


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