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AAC Clyde Space: AAC Clyde Space wins 7.3 MSEK power system order 

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.

Building on multiple previous orders (totalling more than 50 units), this order shall support the international customers' Earth Observation constellation scale-up. The power systems include a PCDU (Power Conditioning and Distribution Unit), which receives and distributes power, and a large capacity battery. The power system is built on the company's heritage products, STARBUCK-NANO and OPTIMUS, demonstrating the capability of these heritage ranges.

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 following documents can be retrieved from beQuoted
AAC-Clyde-Space-Press-release-2022-08-04.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 Groups 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 Spaces 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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