UPPSALA, Sweden, November 9, 2011 (AAC Clyde Space PR) — AAC Clyde Space and its partners, have successfully completed the first phase of the xSPANCION project with a successful Preliminary Design Review, conducted jointly with the European Space Agency (ESA). Together with the partners, the company has agreed to accelerate the project by kicking off the Spacecraft Manufacturing Preparation Phase. To achieve this, a Phase 2 has been introduced to the project valued at 5.6 MEUR (approx. 57.3 MSEK), of which the UK Space Agency, through the ESA’s Pioneer Partnership Projects, will contribute 2.8 MEUR (approx. 28.7 MSEK).

The 3-year project, previously announced 18^th November 2020 by AAC Clyde Space aims to develop an innovative satellite constellation service. The total 19.7 M€ (approx. 201.7 MSEK) project is co-funded by the UK Space Agency, through ESA’s Pioneer Partnership Projects, with 9.9 M€ (approx. 100.9 MSEK).

PARIS (ESA PR) — The latest batch of tiny satellites to monitor trade on Earth from space have launched.

The Glaswegian-built nanosatellites join a fleet of about 100 objects in low Earth orbit that help to predict the movement of the world’s resources, so that businesses and governments can make informed decisions.