ÅAC Microtec subsystems successfully commissioned on Japanese missions

Subsystems supplied by space technology experts, ÅAC Microtec, for the Japanese missions RISESAT and ALE-1 have been successfully deployed in orbit. The spacecraft were integrated on the Japanese Epsilon-4 launcher and successfully deployed on Low Earth Orbit on January 18, 2019 from the Uchinoura Space Center in southwestern Japan. Contact has now been established with RISESAT and ALE-1 and both are performing as planned.

This is the latest launch and operation success for flight hardware from AAC Clyde Space and is testimony to the company's innovative technology, adding to the company's respected track record with flight heritage and success in the Japanese market.

"Missions such as RISESAT and ALE-1 are prime examples of how the Japanese market is pioneering new applications in space. The high-quality spacecraft solutions provided by AAC Clyde Space has led to a strong foothold in this market and our flight-proven solutions are continuing to enjoy a great demand in the Japanese market," says Iraklis Hatziathanasiou, VP of Business Development.  

RISESAT (Rapid International Scientific Experiment Satellite) is led by Tohoku University and carries earth observation cameras as well as experiments to investigate new attitude control systems and laser communications technologies.

ALE-1 spacecraft, the first spacecraft of ALE Co., Ltd., will create man-made meteors, that should be visible with the naked eye. "Meteor showers" will be created by releasing half-inch pellets from micro-satellites, that burn through a process known as plasma emission as they re-enter the atmosphere, creating the appearance of meteor shower on the ground. ALE-1 is a precursor to a further launch, ALE-2, expected in 2019.  

For RISESAT, AAC Clyde Space supplied high-performance, low-power onboard computers and mass memory, together with custom developed power subsystems. These systems will support several payloads on this a 55 kg class spacecraft. For ALE-1, AAC Clyde Space supplied the Sirius TCM, a mass memory module that incorporates telemetry and telecommand functionality and is designed with focus on high reliability, resiliency and performance. ALE-1 utilizes the TCM as the communication interface with compatible ground station services.

Mr. Toshinori Kuwahara, Ph.D, Associated Professor of Tohoku University and Technical Advisor of ALE said "After the successful launch and smooth orbit insertion by the Japanese launch vehicle Epsilon #4, RISESAT and ALE-1 are now orbiting in Sun Synchronous Orbits with altitudes of about 500 km, and both are functioning very well. Plug-and-Play on-board computers applied to RISESAT enabled system integration of more than 14 cameras, a radiation sensor, and a laser transmission terminal as its payload. It is now providing valuable mission data to us on an everyday basis. ALE-1 commissioning is now ongoing, and TCM could successfully establish communication links between Tohoku University's operation centre and the ALE-1. We are sure that advanced products of ÅAC Microtec and its subsidiary Clyde Space will become enabling technologies for our future space utilization and exploration."

2019-04-17

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

Acting CEO, Mats Thideman  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, the UK and USA. 

ÅAC Microtec's shares are traded on Nasdaq First North Premier Stockholm. G&W Fondkommission, e-mail ca@gwkapital.se, phone +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:
http://star-ale.com/en/

http://star-ale.com/en/news/317/2019/01/04/

https://space.skyrocket.de/doc_sdat/hodoyoshi-2.htm

https://space.skyrocket.de/doc_sdat/ale-1.htm

http://global.jaxa.jp/press/2018/11/20181130_epsilon4.html

http://global.jaxa.jp/press/2019/01/20190118_epsilon4.html

https://www.tohoku.ac.jp/japanese/2019/02/press-20190213-01-RISESAT.html (Japanese)



ÅAC Microtec ingår den första skotsk-irländska rymdförbindelsen via EIRSAT-1

ÅAC Mictrotec medverkar i den första skotsk-irländska förbindelsen i rymden genom att Clyde Space, Skottlands största rymdbolag och dotterbolag till ÅAC Microtec AB, ingår avtal med University College Dublin. Avtalet, som har ett mindre värde, innebär att Clyde Space tillhandahåller delsystemen till plattformen för Irlands första satellit, EIRSAT-1, som är en 2Us kubsatellit. EIRSAT-1 är ett samarbetsprojekt som utvecklats av studenter och anställda på universitetet och kommer att innehålla ny irländsk teknik. EIRSAT-1 är planerad att skjutas upp 2020.


ÅAC Microtec heralds first Celtic connection in space with EIRSAT-1

We are delighted to announce the first Celtic connection in space as Clyde Space, Scotland's largest space company and subsidiary of ÅAC Microtec AB, signs a contract with University College Dublin (UCD).  The contract is of minor value but will see Clyde Space supply CubeSat platform equipment for Ireland's first satellite, EIRSAT-1, which is a 2U CubeSat. EIRSAT-1 is a collaborative project developed by students and staff of UCD and will incorporate novel Irish technology. EIRSAT-1 is planned to launch in 2020.


ÅAC offentliggör prospekt samt bjuder in till investerarpresentationer

Det prospekt som ÅAC Microtec AB (publ) ("ÅAC" eller "Bolaget") har upprättat med anledning av den förestående nyemissionen av aktier med företrädesrätt för ÅAC:s aktieägare om cirka 82,5 MSEK ("Företrädesemissionen") har idag godkänts och registrerats av Finansinspektionen. Med anledning av Företrädesemissionen bjuder ÅAC in till investerarträffar torsdagen den 23 maj och tisdagen den 28 maj 2019.


ÅAC publishes prospectus and invites to investor presentations

The prospectus that ÅAC Microtec AB (publ) ("ÅAC" or "the Company") has prepared in connection with the new share issue of approximately SEK 82.5 million with preferential rights for ÅAC's shareholders (the "Rights Issue") has today been approved and registered by the Swedish Financial Supervisory Authority ("Finansinspektionen"). On account of the Rights Issue, ÅAC invites to investor meetings on Thursday, May 23, and Tuesday, May 28, 2019.


ÅAC Microtec vinner order på Siriusavionik från Loft Orbital Solutions Inc.

ÅAC Microtec AB har valts att leverera ombordteknik som möjliggör multipla nyttolaster på mikrosatelliter utvecklade av amerikanska Loft Orbital Solutions Inc. Ordern som har ett värde om ca 4,7 MSEK (490 kUSD), planeras att levereras under andra halvåret 2019.


ÅAC Microtec wins order for Sirius Avionics from Loft Orbital Solutions Inc.

ÅAC Microtec AB has been selected to supply electronics for an onboard technology to enable Payload Rideshares on micro satellites developed by Loft Orbital Solutions Inc. The order with a value of approx. 4.7 MSEK (490 kUSD) is planned to be delivered in the second half of 2019.




Yorks första satellit framgångsrikt i drift

ÅAC Microtec ABs amerikanska partner York Space Systems rapporteras framgångsrikt ha tagit sin första satellit, en S-CLASS satellit, i drift efter uppskjutningen till omloppsbana den 5 maj. ÅACs Sirius-produkter, inkluderande omborddator och massminne, samt kraftsystem fungerar planenligt.


York's first satellite successfully commissioned

ÅAC Microtec AB's partner U.S. York Space Systens is successfully operating its first satellite in orbit, the S-CLASS satellite after its launch on 5 May 2019. ÅAC's Sirius range, including onboard computer and mass memory, and power system are working according to plan.




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

GENOMBROTT FÖR SPACE-AS-A-SERVICE

Första kvartalet, januari - mars 2019 (jämfört med januari - mars 2018)

  • Nettoomsättningen uppgick till 14,9 (16,4) MSEK
  • Rörelseresultatet före avskrivningar, EBITDA, uppgick till -6,5 (-12,2) MSEK. Föregående periods resultat inkluderar förvärvskostnader om 8,8 MSEK.
  • Rörelseresultatet efter avskrivningar uppgick till -9,9 (-15,6) MSEK.
  • Resultat efter skatt uppgår till -10,1 (-15,0) MSEK.
  • Resultat per aktie före och efter utspädning uppgick till -0,15 (-0,27) SEK

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

BREAKTHROUGH FOR SPACE-AS-A-SERVICE

First quarter, January - March 2019 (compared to January - March 2018)

  • Net sales amounted to 14.9 (16.4) MSEK
  • Operating profit before depreciation, EBITDA, amounted to -6.5 (-12.2) MSEK. Earnings for the previous period include acquisition costs of 8.8 MSEK
  • Operating profit after depreciation amounted to -9.9 (-15.6) MSEK.
  • Profit after tax amounts to -10.1 (-15.0) MSEK
  • Earnings per share before and after dilution amounted to -0.15 (-0.27) SEK

Ledningsförändring i amerikanska dotterbolaget

Brent Abbot lämnar posten som CEO AAC Microtec North America Inc., ett dotterbolag till ÅAC Microtec. CSO Craig Clark utses till tf CEO.


Change of management in the US subsidiary

ÅAC Microtec AB Brent Abbot steps down as CEO AAC Microtec North America Inc., a subsidiary of ÅAC Microtec. CSO Craig Clark will be acting CEO until a replacement is appointed.


Anita Bernie föreslås till ÅAC Microtecs styrelse

ÅAC Microtecs valberedning har beslutat att föreslå Anita Bernie som ledamot i styrelsen. Anita Bernie är välrenommerad inom rymdindustrin efter att ha inlett sin karriär som Spacecraft Design Engineer på Airbus Stevenage, därefter börjat på småsatellittillverkaren SSTL där hon avancerade till att bli medlem av koncernledningen. Sedan 2018 har Anita Bernie arbetat på KISPE Space Systems Limited med ansvar för strategi och genomförande.


Anita Bernie proposed to ÅAC Microtec's Board

ÅAC Microtec AB's nomination committee has decided to propose Anita Bernie to the Board of Directors. Anita Bernie is well reputed in the space industry, having started her career at Airbus Stevenage as a Spacecraft Design Engineer, later joining  the small satellite manufacturer SSTL, where she progressed to a position on the Senior Executive Team and since 2018 has been at KISPE Space Systems Limited where she leads strategy and execution.


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