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.

Loft Orbital Solutions has selected ÅAC's Sirius avionics, with some customer-specified enhancements, for its Payload Interface & Control Unit (PICU) that facilitates its versatile Payload Rideshares on its 75-200kg class micro satellites. The first satellite mission, YAM-2, utilizing this Sirius avionics-based PICU is expected to be completed by the end of the year, with options for subsequent missions pre-agreed. Loft Orbital selected Sirius products for its PICU due to the high-quality, reliability and the flexibility to quickly incorporate Loft Orbital's customer-specific extensions in the Sirius avionics.

"Loft Orbital's decision represents a significant endorsement for the Sirius product range and also displays the increasing traction for our products in the U.S. market. We are excited to be part of their pioneering solutions for customers who want reliable and high-quality access to space infrastructure," says AAC Clyde Space Vice President of Business Development; Iraklis Hatziathanasiou.

"We feel confident in our selection of Sirius avionics for the PICU of our YAM-2 micro satellite mission. The product characteristics, reliability and ÅAC Microtec's capacity to quickly adapt to our specific extensions represents a perfect match for us, allowing us to demonstrate our flexible interface and hosting concept for fast and affordable access to space on high-reliability platforms." says Loft Orbital's Chief Engineer & YAM-2 Mission Manager; Pieter van Duijn.

Loft Orbital Solutions Inc. is a U.S. company offering affordable, reliable and fast access to space through high-performance and high-reliability satellite platforms by utilizing specific technology for multi-payload interfacing, accommodation and satellite operations. Starting 2020, the company is planning for a cadence of quarterly missions.

2019-05-16

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 

The information in this press release is such that ÅAC Microtec AB (publ) shall announce publicly according to the EU Regulation No 596/2014 on market abuse (MAR). The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CEST on 16 May, 2019

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. Our end-to-end service package enables our customers to reach their mission goals with a single, trusted point of contact. In addition, we supply a full range of subsystems for cube satellites and small satellites. 

ÅAC Microtec's shares are traded on Nasdaq First North Stockholm. G&W Fondkommission, e-mail ca@gwkapital.se, phone +46 8 503 000 50, is the Certified Adviser.

Flera AAC Clyde Space satelliter på Arianes Vegaraket

2020-06-19 AAC Clyde Space AB (publ)
Arianespaces Vegaraket som är planerad för att skjutas upp från Franska Guyana på söndag 21 juni kommer att föra med sig en mängd hårdvara byggd av AAC Clyde Space, inklusive två satelliter byggda i anläggningen i Glasgow. Uppskjutningen är planerad till den 21 juni kl 01:51 UTC / 03:51 CET, och kan följas på https://www.arianespace.com/ eller https://www.youtube.com/arianespace.


AAC Clyde Space with several satellites on Ariane Vega rocket

2020-06-19 AAC Clyde Space AB (publ)
The Arianespace's Vega rocket scheduled for launch on Sunday June 21 from French Guiana will launch a variety of hardware built by AAC Clyde Space, including two satellites built at our Glasgow factory. The launch is planned on June 21 at 01:51 UTC / 03:51 CET, can be followed on https://www.arianespace.com/ or https://www.youtube.com/arianespace


AAC Clyde Space utvecklar nästa generations satelliter med 2,3 MGBP i anslag från Scottish Enterprise

2020-06-05 AAC Clyde Space AB (publ)
AAC Clyde Space Glasgow ska genom ett treårigt forsknings- och utvecklingsanslag från Scottish Enterprise utveckla, tillverka och få erfarenhet från omloppsbana för sin nästa generation nano- och småsatelliter. Med standardiserad och modulariserad design kommer satelliterna att kombinera spjutspetsteknik med konstellationsfärdig produktion.


AAC Clyde Space to Develop Next Generation of Satellites with a GBP 2.3M Grant Support from Scottish Enterprise

2020-06-05 AAC Clyde Space AB (publ)
AAC Clyde Space Glasgow will develop, manufacture and gain in-orbit heritage on its next generation nano and small satellites having secured financial support from Scottish Enterprise (SE). With a standardized and modularized design, the satellites will combine cutting edge technology with constellation ready productization.


AAC Clyde Space vinner order värd 340 000 GBP för solpaneler till "Orbital Manoeuvering Vehicle"

2020-06-04 AAC Clyde Space AB (publ)
AAC Clyde Space har valts ut för att utveckla en solpanel till Moogs nya Small Launch Orbital Manoeuvering Vehicle (SL-OMV), en rymdfarkost som transporterar och placerar kubsatelliter i deras slutgiltiga omloppsbana. Ordervärdet är 340 000 GBP (ca 4,0 MSEK), leverans planeras under Q1 2021.


AAC Clyde Space Wins Order of 340 000 GBP to Develop Solar Panels for Orbital Manoeuvring Vehicle

2020-06-04 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected to develop a new solar panel for Moog's new Small Launch Orbital Manoeuvring Vehicle (SL-OMV), a space tug designed to deploy Cubesat constellations and guide small satellites to their final orbit. The order value is 340 000 GBP (approx. 4.0 MSEK) with planned delivery during the first quarter of 2021.


Kommuniké från årsstämma i AAC Clyde Space AB (publ)

2020-06-02 AAC Clyde Space AB (publ)
Årsstämman i AAC Clyde Space AB (publ) ägde rum tisdagen den 2 juni 2020 i bolagets lokaler på Dag Hammarskjölds väg 48, 751 83 Uppsala. Vid stämman fattades bland annat följande beslut.


Bulletin from the Annual General Meeting in AAC Clyde Space AB (publ)

2020-06-02 AAC Clyde Space (publ)
The annual general meeting in AAC Clyde Space AB (publ) was held on Tuesday 2 June 2020 at the company's premises at Dag Hammarskjölds väg 48, SE-751 83, Uppsala, Sweden. The following resolutions, amongst others, were passed at the general meeting.


AAC Clyde Space bjuder in till livesänd frågestund

2020-06-01 AAC Clyde Space AB (publ)
AAC Clyde Space bjuder in aktieägare till en livesänd frågestund med VD Luis Gomes och CFO Mats Thideman den 9 juni kl 10.30.


AAC Clyde Space Shareholder Livestream Q&A

2020-06-01 AAC Clyde Space (publ)
AAC Clyde Space will host a live question and answer session for shareholders June 9th at 10.30 CET which will be hosted by AAC Clyde Space's CEO Luis Gomes and CFO Mats Thideman.


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.


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