AAC Clyde Space Delivers Space Data as a Service Satellite EPICHyper-3 for Launch2023-10-31 AAC Clyde Space AB (publ)
AAC Clyde Space has delivered the 6U satellite EPICHyper-3 to the Vandenberg Space Force base in California for a planned launch in November 2023. The satellite will deliver hyperspectral Earth observation data to Canadian company Wyvern Inc., under a Space Data as a Service (SDaaS) contract. The satellite is the third in the EPICHyper series and follows EPICHyper-1 and EPICHyper-2, both launched earlier in 2023. Under the SDaaS agreement AAC Clyde Space owns and operates the three satellites, while Wyvern owns the hyperspectral data delivered by the satellite.
The satellites are part of AAC Clyde Space's EPIC VIEW family of spacecraft, which are optimized to host cutting-edge imagers, enabling them to deliver multi-spectral and hyperspectral images of the Earth's surface. The image data will be used by farmers around the world to optimise food production yields and detect invasive plants, pests and changes in soil make-up.
"Our Space Data as a Service model capitalises on a demand in the market and is helping to meet the food production needs of our society. Smart farming can optimise yields, increase soil quality, and improve water management - 70% of the world's freshwater withdrawal is used for agriculture. The data delivered by this satellite will help communities and farmers around the world to increase production, minimizing the environmental impact of their activities." says AAC Clyde Space CEO Luis Gomes.
Satellite imagery is employed in the agriculture sector for multiple purposes. The new improved hyperspectral information from satellites provides better resolution and sampling rate that gives farmers better knowledge for an improved and more resource-efficient agriculture. This in turn could help to maximise productivity and reduce costs while increasing environmental sustainability. 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
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AAC-Clyde-Space-Press-release-2023-10-31.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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