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AAC Clyde Space: AAC Clyde Space wins 5-year contract worth 6.1 MSEK 

AAC Clyde Space wins 5-year contract worth 6.1 MSEK

2022-12-02 AAC Clyde Space AB (publ)
AAC Clyde Space has won a contract to maintain radiometers in the telescopes of the Atacama Large Millimeter/submillimeter Array (ALMA) in Chile. The contract runs for five years and is worth 574 kEUR (approx. 6.2 MSEK).

The subsidiary AAC Omnisys are long term collaborators of the European Southern Observatory (ESO), one of the international partners operating the ALMA radio facility in Chile. AAC Omnisys supplied Water Vapour Radiometers for the antennas at the telescope. The contract now awarded aims to ensure operation of the Water Vapour Radiometers for another five years.

The state-of-the-art ALMA telescope, which is a partnership of ESO, the U.S. National Science Foundation (NSF) and the National Institutes of Natural Sciences (NINS) of Japan in cooperation with the Republic of Chile, is located on the Chajnantor plateau in the Chilean Andes on an altitude of around 5 000 meters.  It studies light from some of the coldest objects in the universe. The light has wavelengths of around a millimetre, between infrared light and radio waves, and is therefore known as millimetre and submillimetre radiation. ALMA comprises 66 high-precision antennas, spread over distances of up to 16 kilometres. This global collaboration is the largest ground-based astronomical project in existence.

FOR MORE INFORMATION:
Please visit: www.aac-clyde.space or contact:
CEO Luis Gomes [email protected]
CFO Mats Thideman, [email protected], mobile +46 70 556 09 73

The following documents can be retrieved from beQuoted
AAC-Clyde-Space-Press-release-2022-12-02.pdf

ABOUT AAC CLYDE SPACE
AAC Clyde Space specialises in small satellite technologies and services that enable businesses, governments and educational organisations to access high-quality, timely data from space. Its growing capabilities bring together three divisions:

Space Data as a Service - delivering data from space directly to customers
Space missions - turnkey solutions that empower customers to streamline their space missions
Space products and components - a full range of off-the-shelf and tailor-made subsystems, components and sensors

AAC Clyde Space aims to become a world leader in commercial small satellites and services from space, applying advances in its technology to tackle global challenges and improve our life on Earth.

The Group's main operations are located in Sweden, the United Kingdom, the Netherlands, South Africa and the USA, with partner networks in Japan and South Korea.

AAC Clyde Space's shares are traded on Nasdaq First North Premier Growth Market. Erik Penser Bank AB is the Certified Adviser. The share is also traded on the US OTCQX-market under the symbol ACCMF.

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