ÅAC Microtec confirms successful launch of NSLSat-1, the company's fourth deployment in 2019

NSLSat-1, was successfully launched on Friday 5 July at 07:41 CEST by EXOLAUNCH on the Soyuz 2.1b launch vehicle from the Vostochny Cosmodrome, Russia, into Low earth Orbit (LEO). AAC Clyde Space has since made contact with spacecraft from their Glasgow based ground station, with spacecraft systems performing as planned. AAC Clyde Space are providing a full end-to-end mission service package for this mission, from mission design and satellite manufacture to data supply for Israel's NSLComm.

The AAC Clyde Space built 6U CubeSat was delivered to the launch provider, EXOLAUNCH, early last month and integrated with the Soyuz launch vehicle's adapter at the Russian spaceport. NSLSat-1 carry's an advanced lightweight antenna and sub-reflector payload which has in-built smart technology set to enable worldwide supercharged internet of over 1 Giga bit per second provided in total from the spacecraft. 

The high-tech self-correcting solution can turn satellites such as CubeSats and SmallSats into powerful transponders relaying high frequency signals from a low-Earth orbit. This versatility of operation enables the concentration of the data to specific locations on the ground, achieving what are likely to be record breaking data rates. This data will be available to global satellite operators at a lower cost per bit.

"Our customers have ambitious missions for an ever-expanding range of applications. It's our job to enable the realization of their pursuits, through the provision of highly progressive nanosatellite capabilities. In demonstrating this innovative space-based technology NSLComm is set to revolutionize New Space communications whilst showcasing the AAC Clyde Space's 6U CubeSat performance. We couldn't be prouder to partner with NSLComm and EXOLAUNCH for this mission", says Luis Gomes, CEO ÅAC Microtec. 

Raz Itzhaki Tamir, CEO NSLComm said "Our overall vision is to provide affordable satellite communications. Our new nanosat combines innovative, lightweight technology to ensure high throughput technologies that offer a limitless variety of broadband applications".

NSLComm develops satellite technology that enables high-speed nanosatellite communication systems for government, commercial, and private applications. The long-term vision for NSLComm is to provide a worldwide communications network via an orbiting constellation of about 80 spacecraft providing global coverage data and media applications. 

Connor Jonas, EXOLAUNCH Program Manager said, "We were very excited to work together with NSLComm and AAC Clyde Space. We couldn't have asked for a more successful launch campaign, and we look forward to continuing this partnership in future launches down the road."

This successful launch represents the companies fourth successful deployment this year alone, with further launches planned in the latter half of 2019. The developments by AAC Clyde Space in spacecraft technology and volume production are making the prospect of missions requiring constellations of small satellites and CubeSats a reality, supporting an increasing range of new and technically challenging space applications. Delivering Space as a Service, AAC Clyde Space combine best-in-class manufacturing capabilities, novel operational structures and cutting-edge technology to offer customers unrivalled access to space.

2019-07-11

FOR MORE INFORMATION:
Please visit: www.aacmicrotec.com and www.clyde.space or contact:
CEO, Luis Gomes  investor@aacmicrotec.com
Chairman of the board Rolf Hallencreutz, investor@aacmicrotec.com

ABOUT ÅAC MICROTEC AB
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 and the UK. 

ÅAC Microtec's shares are traded on Nasdaq First North Stockholm. G&W Fondkommission, e-mail ca@gwkapital.se, 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.

Further sources:
https://www.nslcomm.com/breakthrough

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.


ÅAC Microtec bekräftar lyckad uppskjutning av NSLSat-1, bolagets fjärde uppskjutning under 2019

Fredag 5 juli kl. 07:41 CEST avfyrades NSLSat-1 via EXOLAUNCH på raketen Soyuz 2.1b. Raketen sköts upp från Vostochny Cosmodrome i Ryssland in i låg omloppsbana (Low Eart Orbit, LEO). AAC Clyde Space har etablerat kontakt med satelliten från sin markstation i Glasgow och alla system fungerar planenligt. AAC Clyde Space ansvarar för hela uppdraget kring NSLSat-1, från design och produktion av satelliten, till dataleveranser till israeliska NSLComm.


ÅAC Microtec confirms successful launch of NSLSat-1, the company's fourth deployment in 2019

NSLSat-1, was successfully launched on Friday 5 July at 07:41 CEST by EXOLAUNCH on the Soyuz 2.1b launch vehicle from the Vostochny Cosmodrome, Russia, into Low earth Orbit (LEO). AAC Clyde Space has since made contact with spacecraft from their Glasgow based ground station, with spacecraft systems performing as planned. AAC Clyde Space are providing a full end-to-end mission service package for this mission, from mission design and satellite manufacture to data supply for Israel's NSLComm.






ÅAC nyemission övertecknad

ÅAC Microtec AB ÅAC Microtec AB:s (publ) ("ÅAC" eller "Bolaget") nyemission med företrädesrätt för aktieägarna ("Företrädesemissionen") har avslutats. Intresset var stort och sammanlagt tecknades Företrädesemissionen till 139 procent. Bolaget tillförs därmed 82,5 MSEK före emissionskostnader.


ÅAC rights issue oversubscribed

ÅAC Microtec AB's (publ) ("ÅAC" or "the Company") rights issue with preferential rights for the shareholders ("the Rights Issue") has been completed. The interest was high, and the total subscription amounted to 139 percent. Consequently, ÅAC will receive proceeds of SEK 82.5 million before issue costs.


ÅAC Microtec utser MID Co Ltd som ny distributör på sydkoreanska marknaden

ÅAC Microtec har utsett MID Co Ltd som ny distributör på den sydkoreanska marknaden. MID Co. Ltd bildades 2018 av ett sydkoreanskt team som har lång erfarenhet inom rymdindustrin. Distributionsavtalet omfattar alla AAC Clyde Space produkter och syftar till att tillgodose behoven av delsystem och plattformar till den växande sydkoreanska kubsatellit- och småsatellitmarknaden.


ÅAC Microtec appoints MID Co. Ltd as new distributor in South Korean Market

ÅAC Microtec has appointed MID Co. Ltd as their new distributor in the South Korean Market. MID Co. Ltd was formed in 2018 by a South Korean team that has a long experience of operating in the Space Industry. The distribution agreement covers all products across the group and aims to address the needs of the South Korean market which is a growing market for CubeSat and SmallSat platforms and sub-systems.


Följ oss

Om beQuoted

beQuoted publicerar nyheter, analyser och pressmeddelanden för investerare och journalister. Viktiga företagshändelser bevakas av vår egen nyhetsredaktion och vidaredistribueras i ledande finansiella medier.

Vi uppdaterar även nyhetsrum, Investor Relations och IR-webbplatser för företag som vill utveckla sina relationer med finansmarknaden.

Kontakta oss

beQuoted AB
Sturegatan 32
114 36 Stockholm

08-692 21 90
Kontaktformulär