AAC Clyde Space receives SEK 12.1 million satellite order - Börskollen
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AAC Clyde Space receives SEK 12.1 million satellite order

2023-10-03 AAC Clyde Space AB (publ)

AAC Clyde Space has won a GBP 0.902 million (approx. SEK 12.1 million) order for a 3U satellite. The satellite is scheduled for delivery in Q4 2024.

The satellite will be equipped with a VDES (VHF Data Exchange System) payload. VDES was developed to meet the increasing need for data communication between maritime users, providing faster data transfer rates with greater integrity than current VHF data link systems.

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 is the Certified Adviser. The share is also traded on the US OTCQX-market under the symbol ACCMF.

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