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“AAC Clyde Space”
AAC Clyde Space to Develop Innovative Constellation Services with ESA, UK Space Agency

UPPSALA, Sweden (AAC Clyde Space PR) — AAC Clyde Space embarks on a 3-year project, named xSPANCION, with the European Space Agency (ESA) to develop an innovative satellite constellation service, including the manufacturing of 10 spacecrafts. The UK Space Agency through ESA, will co-fund the project with 9.9 MEUR (approx. 101.4 MSEK). AAC Clyde Space intends to, outside this project, enter into customer service agreements for data delivery from the constellation.

During the first phase of the project running until mid-2021, AAC Clyde Space will deliver a preliminary design for its next generation space as a service offering. The value of this first phase is 1.8 MEUR (approx. 18.4 MSEK) of which 0.9 MEUR (approx. 9.2 MSEK) will be co-funded by UK Space Agency through ESA, providing sufficient resources to achieve comfortably this part of the project. The co-funding from UK Space Agency will be recognized as revenue with no net margin since AAC Clyde Space and partners will co-fund the remaining 0.9 MEUR (approx. 9.2 MEUR).

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  • November 21, 2020
AAC Clyde Space to Acquire Hyperion Technologies for 22.8 MSEK

UPPSALA, Sweden (AAC Clyde Space PR) — AAC Clyde Space (“AAC”) has reached an agreement to acquire 100 % of the shares in Hyperion Technologies BV, in a shares and cash deal. The current owners of Hyperion Technologies will receive 7,755,000 new shares in AAC, equivalent to approximately 21.7 MSEK [$2.47 million] calculated at 2.80 SEK per share and 0.1 MEUR (approx. 1.1 MSEK) [$130,000] in cash, subject to approval by the AAC EGM.

Commenting on the announcement AAC CEO Luis Gomes stated, “It is great to see the Hyperion team join the AAC Clyde Space family bringing together two great Newspace companies. With this acquisition we will further extend our product offering and will access some key technologies, adding substantial capability to our missions. I look forward to work with our new colleagues in Delft as we continue to change the economics of accessing services from space”.

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  • October 11, 2020
D-Orbit Announces Launch Service Contract with AAC Clyde Space

The contract covers InOrbit NOW Launch Service for two AAC Clyde Space’s 6U CubeSats built for the Eutelsat LEO for Objects (ELO) Constellation

FINO MORNASCO, Italy, October 8, 2020 (D-Orbit PR) — Italian in-orbit transportation company D-Orbit has announced a launch service agreement with Swedish-British small satellite manufacturer AAC Clyde Space. The contract covers launch and deployment of two Eutelsat LEO for Objects (ELO) 6U CubeSats in 2021 developed and built by AAC Clyde Space.

Eutelsat’s ELO is a constellation that aims at providing global Internet of things (IoT) coverage from low Earth orbit to support sectors like transport, oil and gas, and agriculture. The constellation, in combination with ground infrastructures, will enable companies to gather data from tens of millions of objects, irrespective of their geographic location.

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  • October 9, 2020
Kepler Announces Successful Launch of Third Satellite
TARS satellite (Credit: Kepler Communications)

TORONTO, ONTARIO, September 3, 2020 (Kepler Communications PR) – Kepler’s Low Earth Orbit constellation expanded earlier today with the successful launch of its third satellite. This satellite, internally referred to as TARS, was launched onboard the Arianespace Vega SSMS (Small Spacecraft Mission Service) from the Guiana Space Centre at approximately 01:51 UTC, with communication established shortly thereafter.

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  • September 4, 2020
What’s On Board Vega Booster

The European Vega rocket that launched this evening was carrying 53 satellites on its first rideshare mission as part of the Small Spacecraft Mission Service Proof of Concept Flight.

The payloads included 14 Flock 4V Earth imaging satellites from Planet, 12 SpaceBEE Internet of Things spacecraft from Swarm Technologies, and 8 maritime monitoring satellites from Spire.

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  • September 2, 2020
AAC Clyde Space Wins Two Japanese Orders

UPPSALA, Sweden, 31 August 2020 (AAC Clyde Space) — AAC Clyde Space has received two new orders, totaling 360 000 EUR (approx. 3.7 MSEK) for Sirius avionics from customers in Japan.

The hardware will be delivered during the fourth quarter of 2020 and software updates will be delivered in the first quarter of 2021. These are follow-on orders from existing customers.

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  • August 31, 2020
AAC Clyde Space, Saab & ORBCOMM TO Offer Next-Gen Maritime Communications

UPPSALA, Sweden (AAC Clyde Space PR) — AAC Clyde Space AB, Saab AB and ORBCOMM Inc. have today announced the development of the next generation of space based VDES system, marking the beginning of a new era in maritime communications.

AAC Clyde Space AB will receive 17.0 MSEK in total, of which 12.2 MSEK is in the form of a grant from the Swedish Transport Administration, to finance the building, launch and commissioning of the first satellite in the project. This is intended to be the first satellite of a future constellation to provide a VDES service.

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  • August 24, 2020
AAC Clyde Space Wins Contract to Develop Orbital Manoeuvring Vehicle Solar Panels

GLASGOW (AAC Clyde Space PR) — AAC Clyde Space has been selected to develop a new solar panel for Moog’s new Small Launch Orbital Manoeuvring Vehicle (SL-OMV), a space tug designed to deploy Cubesat constellations and guide small satellites to their final orbit. The order value is 340,000 GBP (approx. 4.0 MSEK) with planned delivery during the first quarter of 2021.

Moog will supply the Small Launch Orbital Manoeuvring Vehicle (SL-OMV) to Lockheed Martin as part of the UK Spaceflight Programme, supported by the UK Space Agency. The lightweight vehicle is a propulsive tug to be used on rockets dedicated to the launch of small satellites.

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  • June 14, 2020
Scottish Solar Panel to Fly on UK Space Launch
Solar panel (Credit: Clyde Space)

Glasgow-based AAC Clyde Space will manufacture a new solar panel for space vehicles launched from UK vertical spaceports.

GLASGOW (UK Space Agency PR) — AAC Clyde Space played an integral role in Glasgow’s emergence as a global hub for satellite manufacturing and built the UK Space Agency’s first national satellite, which was launched in 2014. The company’s expertise in space systems will now play a vital role in supporting the UK’s plans to become Europe’s leading small satellite launch destination.

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  • June 9, 2020
OMS Selects AAC Clyde Space for UKSLP Mission

OXFORDSHIRE, England, April 3, 2020 (Orbital Micro Systems PR) – Orbital Micro Systems (OMS), a leader in advanced instrumentation for small satellite missions and analysis-ready earth data intelligence platforms, announced it has selected Glasgow-based AAC Clyde Space to provide a 6U satellite bus for the UK Space Launch Programme (UK-SLP). The mission is planned for early 2021, which will be the first launch from UK soil through the UK-SLP project that is managed by Lockheed Martin.

Under the terms of the contract, OMS and AAC Clyde Space will collaborate to integrate the instrumentation and bus for launch. The companies previously collaborated on the IOD-1 GEMS mission, which successfully deployed the first commercial microwave radiometer in space.

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  • April 5, 2020