AAC Clyde Space wins SEK 16.1 M satellite order from Kawa Space
AAC CLYDE SPACE WINS SEK 16.1 M SATELLITE ORDER FROM KAWA SPACE
2023-06-30 AAC Clyde Space AB (publ)
AAC Clyde Space has won a GBP 1.25 M (approx. SEK 16.1 M) order from the NewSpace company Kawa Space for a 6U EPIC LINK satellite and payload. The satellite is planned for delivery during the fourth quarter of 2024.
The aim of the project is to demonstrate the technology for a future constellation of satellites, supporting Kawa Space's existing ocean monitoring platform. Kawa Space will use the data captured by the satellite for cargo ship route monitoring and to track illegal, unreported, and unregulated fishing.
"This order shows how our approach of developing standard satellites is delivering infrastructure solutions, that our customers can rely on to build their business. I am delighted to be able to welcome Kawa Space as a new customer of AAC Clyde Space as they share our vision of making space available to many more in order to improve life on Earth", says AAC Clyde Space CEO Luis Gomes.
"We are thrilled to announce our collaboration with AAC Clyde Space to build Kawa's KSS-BOBCAT demo mission. This partnership will harness our collective expertise to showcase cutting-edge technologies in spectrum monitoring and build a brand new dataset for our end customers", says Kawa Space's CEO Kris Nair.
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-2023-06-30.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.
