ÅAC Microtec's Sirius range extends its success through 11.3 MSEK order

AAC Clyde Space, Europe's leading New Space mission specialists, extends the success of its Sirius satellite subsystems range with an order valued at a total of 11.3 MSEK, from a major European satellite manufacturer. Two sets of subsystems will be delivered in six months and will be used in an undisclosed mission.

Over the last year the on-board computers in the Sirius range have become increasingly popular among small satellite manufacturers and more than 50 units have been delivered to date. The range was originally developed for the satellite platform project InnoSat financed by the Swedish National Space Agency.

Together with the Sirius command and data handling (CD&H) subsystems, AAC Clyde Space will also supply Starbuck Micro power control systems, as well as other components and services for the satellites.

"Once again our subsystems are proving their competitiveness with satellite manufacturers and integrators. The Sirius range, in particular, is increasingly popular as the standard for small satellite Command and Data Handling, combining great capability, excellent quality, quick delivery times and a very competitive price." said AAC Clyde Space CEO Luis Gomes.

The order will be delivered during the first half in 2020.

2019-10-16 ÅAC Microtec AB (AAC Clyde Space)

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

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 11:00 CET on 16 October 2019.

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.

Shares in the group parent company ÅAC Microtec 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.


Om AAC Clyde Space

AAC Clyde Space erbjuder satellitmarknaden avionikprodukter (elektronik för rymd) med fokus på datahantering såsom omborddatorer och massminne samt strömförsörjning.

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www.aac-clyde.space
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Handelsinformation

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Förändring ()
Marknad Nasdaq First North Premier Growth Market Kortnamn AAC ISIN-kod SE0021020716 Certified Adviser Carnegie Investment Bank

IR-Kontakt

Mats Thideman CFO och vice VD [email protected] +46 70-556 09 73