AAC Clyde Space to deliver batteries of a value of 7.0 MSEK for lunar mission

2020-02-27 AAC Clyde Space AB (publ)
AAC Clyde Space has been selected to supply batteries to the Nova-C lunar lander mission led by the U.S. company Intuitive Machines. The agreement broadens the scope of its original order (see press release January 24th, 2020) from power systems to also include batteries that will enable Intuitive Machines to optimize the mission's power generation and storage in the most cost-efficient way. The value of the extension is approx. 7.0 MSEK (USD 730.000).

AAC Clyde Space will deliver engineering services, engineering model and flight model battery systems to support launch in 2021. The Swedish-Scottish company has previously been contracted to supply the mission its most powerful and cost-efficient power system for advanced space mission, the Starbuck Mini power system.

 "The extension of our engagement in the Intuitive Machine's lunar landing mission clearly illustrates the advanced capabilities of standardized New Space equipment. We are very proud to contribute high-performance equipment with proven flight heritage to this new era in lunar exploration," said AAC Clyde Space CEO Luis Gomes.

 In 2019, NASA awarded Intuitive Machines the first mission task order under the Commercial Lunar Payload Services (CLPS) contract for a robotic landing on the Moon as part of its new era of lunar exploration. The Nova-C mission is Intuitive Machines' effort to develop a commercial Lunar Payload and Data Service (LPDS) which provides transit to lunar orbit, payload delivery to the lunar surface, and data communications and power services to assets both in lunar orbit and on the lunar surface. It is planned to launch from a Falcon 9 rocket for its first robotic landing on the Moon in the second half of 2021. On its maiden mission, Nova-C will carry 5 NASA CLPS payloads to the lunar surface and transmit scientific data back to Earth during 13.5 days of activity on the moon.

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 information in this press release is such that AAC Clyde Space AB 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 09:30 CET on 27 February 2020.

ABOUT AAC CLYDE SPACE
The group AAC Clyde Space offers turnkey solutions and services from mission design to on-orbit operations, including reliable customizable satellite platforms in the range of 1 to 50 Kg and a full range of subsystems for cube and small satellites. With unrivalled flight heritage and end-to-end service, AAC Clyde Space enables customers to reach their mission goals through a single, trusted point of contact.

AAC Clyde Space's shares are traded on Nasdaq First North Premier Growth Market. Erik Penser Bank AB, e-mail [email protected], telephone +46 8 463 83 00, is the Certified Adviser.

AAC Clyde Space receives royalties of 5.4 MSEK

2022-09-26 AAC Clyde Space AB (publ)
AAC Clyde Space receives royalties of 0.48 MUSD (approx. 5.4 MSEK) relating to its power systems.


AAC Clyde Space wins 0.94 MGBP order from Astroscale

2022-09-22 AAC Clyde Space
AAC Clyde Space has won a 0.94 MGBP (approx. 11.6 MSEK) order for a Starbuck power system from Astroscale Ltd., for inclusion in their End-of-Life space debris removal service, ELSA-M.


Interim report for AAC Clyde Space AB (publ) January - June 2022

2022-08-25 AAC Clyde Space AB (publ)


AAC Clyde Space wins 6.1 MSEK order from OHB

2022-08-17 AAC Clyde Space AB (publ)
The small satellite company AAC Clyde Space has won a 584 kEUR (approx. 6.1 MSEK) order for Sirius computers and Starbuck power systems from OHB Sweden. The units will be part of the core avionics for a new InnoSat-class satellite.  


AAC Clyde Space wins 7.3 MSEK power system order

2022-08-04 AAC Clyde Space AB (publ)
The small satellite company AAC Clyde Space has won a 0.6 MGBP (approx. 7.3 MSEK) order for 25 power systems for a constellation. Delivery will start in the fourth quarter of 2022.


AAC Clyde Space receives 5.1 MSEK in ESA funding to develop power system

2022-07-28 AAC Clyde Space AB (publ)
AAC Clyde Space, a company specialising in small satellites, has been awarded funding through the European Space Agency's ARTES Core Competitiveness programme which helps European and Canadian industry to develop innovative satcom technology, products and systems. The award will enable AAC Clyde Space to further develop its Starbuck Mini power system to address the needs of future constellations. The total project value is 0.95 MEUR (approx. 10.1 MSEK) of which ESA will fund half, and AAC the other half.


AAC Clyde Space wins 5.9 MSEK order for Beresheet 2

2022-06-17 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading small satellite company, has won a 0.56 MEUR (approx. 5.9 MSEK) order for its Sirius avionics for Israeli SpaceIL's Moon mission, Beresheet 2. It will be delivered during Q1 2024.


AAC Clyde Space issues renumeration shares

2022-05-25 AAC Clyde Space AB (publ)
The previous owners of Omnisys Instruments AB convert the second third of their warrants into shares in AAC Clyde Space. AAC Clyde Space has consequently issued 5,780,033 shares, bringing the total number of shares in AAC Clyde Space to 199,030,976.


AAC Clyde Space receives follow-on order for Europes new weather satellites - MetOp-SG

2022-05-20 AAC Clyde Space AB (publ)
Leading New Space company AAC Clyde Space's subsidiary Omnisys has secured an EUR 0.47 M (approx. SEK 4.9 M) order to deliver strategic spare parts to Airbus Defence and Space for Europe's next generation of meteorological satellites, the MetOp-SG.


Kommuniké från årsstämma i AAC Clyde Space AB (publ)

2022-05-19 AAC Clyde Space AB (publ)


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

2022-05-19 AAC Clyde Space AB (publ)


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
Nybrogatan 34
Box 5216
102 45 Stockholm

08-692 21 90

Om beQuoted