ÅAC Microtec wins follow-on order from Kepler Communications for the TARS 6U MissionÅAC wins an order from Kepler Communications of Canada aiming to deliver a spacecraft platform for their Machine-to- Machine communications service. This mission is a precursor to their forthcoming GEN1 constellation. Including both satellite platform and on-orbit commissioning services, the order value is worth approximately 3.5 MSEK, with the platform to be delivered in Q3 2019. This order builds on the success of the previous demonstrator mission that included the initial 3U platform, which was launched in Q1 2018 and a follow-on platform due for launch in late 2018. This new platform will be the third member in Kepler's growing constellation offering satellite communication services for Internet of Things (IoT) applications.
- This is a significant follow on order which will hopefully lead to a further platform orders in the future. It is a testimony to the quality and reliability of our mission solutions and demonstrates the trust of our customers in delivering a reliable platform that will allow them to fulfil their business case. We are delighted to be working with the Kepler Communications team, which has been an important and valuable customer for the development of our mission services. We hope to extend this relationship in the near future and are looking forward to continuing working with their team in Canada, says Iraklis Hatziathanasiou, VP Business Development.
For more information about Kepler Communications: http://www.keplercommunications.com 2018-08-20 FOR MORE INFORMATION:
Please visit: www.aacmicrotec.com or contact:
CEO Alfonso Barreiro, [email protected]
Chairman of the board Rolf Hallencreutz, [email protected]
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 CET on 20 August, 2018.
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AAC Microtec Pressrelease 2018-08-20 English.pdf ABOUT ÅAC MICROTEC
ÅAC 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, telephone +46 8 503 000 50, is the Certified Adviser.
ABOUT KEPLER COMMUNICATIONS
Kepler offers global satellite communications through its next generation satellite network. The Kepler network serves applications today from global data backhaul to Internet of Things with the long-term goal of providing connectivity beyond earth.
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