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AAC Clyde Space wins USD 0.85 m subsystems order from Intuitive Machines for Moon mission

2022-12-12 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading space solution company, has received a USD 0.85 m (approx. SEK 8.8 m) order on subsystems for the IM-3 mission to the Moon led by the U.S. company Intuitive Machines. The order is the third received by AAC Clyde Space for the U.S. company's lunar landing missions.

AAC Clyde Space will deliver its Starbuck power system and batteries to the mission. The Starbuck is AAC Clyde Space's most powerful and efficient power system for advanced space missions. Through its modular design, it is easy to scale and integrate on different missions stretching from lunar exploration and scientific missions to commercial constellations. Delivery is scheduled to take place in the fourth quarter of 2023 ahead of the mission's launch in 2024.

The IM-3 mission is destined for the Reiner Gamma region, one of the Moon's most distinctive and enigmatic natural features. Known as a lunar swirl, Reiner Gamma is on the western edge of the Moon, as seen from Earth, and is one of the most visible lunar swirls. Scientists continue to learn what lunar swirls are, how they form, and their relationship to the Moon's magnetic field.

The mission is funded through commercial customers, and Intuitive Machines' third awarded task order from NASA's Commercial Lunar Payload Services (CLPS) initiative.  AAC Clyde Space delivered power systems to Intuitive Machine's IM-1 and IM-2 missions, both part of NASA's CLPS initiative, focused on the exploration and use of natural resources of the Moon.

"We are excited to be part of this new era of lunar exploration aiming to pave the way for a sustainable human presence on the Moon by the end of the decade. We are delighted that Intuitive Machines shares our trust in the Starbuck power system, developed for the needs of small spacecraft," says AAC Clyde Space CEO Luis Gomes.

Power Systems are the cornerstone of any mission enabling a satellite to perform a number of different tasks, starting with maximising the power taken from solar panels, converting it to useful voltages to power electronics and charge batteries, storing energy safely in the batteries, and finally distributing power to all systems when needed. This must be done while autonomously protecting everything from unexpected events in all conditions during the entire mission lifetime.

About Intuitive Machines

Intuitive Machines is a diversified space company focused on space exploration. We supply space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Our products and services are offered through our four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. For more information, please visit intuitivemachines.com.

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

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, e-mail [email protected], telephone +46 8 463 83 00, is the Certified Adviser. The share is also traded on the US OTCQX-market under the symbol ACCMF.

AAC Clyde Space wins SEK 6.1 M order

2023-02-08 AAC Clyde Space AB (publ)
AAC Clyde Space has won a USD 0.59 M (approx. SEK 6.1 M) order for reaction wheels to be used on a number of small satellites.  The order comes from a US blue chip company.


AAC Clyde Space wins SEK 23.8 M US order

2023-02-01 AAC Clyde Space AB (publ)
AAC Clyde Space has won an order for satellite subsystems valued at USD 2.3 M (approx. SEK 23.8 M) from a US development company supplying spacecraft and other multi-mission systems.


AAC Clyde Space to be part of first European Space Situational Awareness GEO satellite

2023-01-26 AAC Clyde Space AB (publ)
A consortium including AAC Clyde Space's subsidiary AAC Hyperion has been selected by European Defence Fund to develop a less than 100 kg satellite to be placed in geostationary orbit (GEO) for space situational awareness. The satellite, named Naucrates, is not to be trackable from ground radar, optical telescope or radio telescope. It is set to be the first European GEO satellite for Space Situational Awareness (SSA) in GEO.


AAC Clyde Space wins SEK 2.6 M follow-on order for in-orbit production mission

2023-01-17 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading New Space company, has received a EUR 234 k (approx. SEK 2.6 M) order from UK-based Space Forge to provide space products for a demonstration spacecraft designed to leverage the space environment for production and experiments, capable of performing multiple trips to space.


Statement on the AAC Clyde Space manufactured satellite manifested on Virgin Orbit's "Start Me Up" launch

2023-01-12 AAC Clyde Space AB (publ)
An AAC Clyde Space manufactured satellite was lost when the Virgin Orbit rocket launched from Cornwall on Monday, January 10, failed to reach orbit. All satellites on the launch are reported to have been lost, including IOD-3 manufactured by AAC Clyde Space for the Satellite Applications Catapult.


AAC Clyde Space AIS communications satellite Kelpie-1 successfully launched from Cape Canaveral

2023-01-06 AAC Clyde Space AB (publ)
Kelpie-1, a 3U AAC Clyde Space EPIC nanosatellite, was successfully launched on the SpaceX Transporter-6 mission on January 3, 2023. Kelpie-1 will deliver AIS data to the U.S. company ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, under an exclusive Space Data as a Service (SDaaS) deal. It is planned to be followed by the launch of a second Kelpie satellite in the first half of 2023.


AAC Clyde Space wins USD 0.85 m subsystems order from Intuitive Machines for Moon mission

2022-12-12 AAC Clyde Space AB (publ)
AAC Clyde Space, a leading space solution company, has received a USD 0.85 m (approx. SEK 8.8 m) order on subsystems for the IM-3 mission to the Moon led by the U.S. company Intuitive Machines. The order is the third received by AAC Clyde Space for the U.S. company's lunar landing missions.


Astroscale extends AAC Clyde Space order by GBP 0.611 M

2022-12-08 AAC Clyde Space
Astroscale Ltd. has extended its order from AAC Clyde Space for its end-of-life space debris removal service, ELSA-M, with additional hardware and functionality valued at GBP 0.611 M (approx. SEK 7.7 M). The order follows orders announced earlier in 2022 for a Sirius computer and a Starbuck power system totalling GBP 1.8 M (approx. SEK 23.0 M).


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).


AAC Clyde Space issues renumeration shares

2022-11-24 AAC Clyde Space AB (publ)
The previous owners of Omnisys Instruments AB convert the remaining third of their warrants into shares in AAC Clyde Space. Consequently, AAC Clyde Space has issued 5,780,845 shares, bringing the total number of shares in AAC Clyde Space to 204,811,821.


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