Pressmeddelanden

ÅAC Microtec delivers IOD-1 GEMS, the first satellite in the Catapult IOD Programme

ÅAC Microtec AB ÅAC Microtec AB's subsidiary, Clyde Space, has delivered the first Satellite Applications Catapult in-orbit demonstration (IOD) satellite to the launch provider, Nanoracks, as part of the In-Orbit Demonstration (IOD) Program, funded by Innovate UK and the UKSA and led by the Catapult.

The 3U satellite, named IOD-1 GEMS (Global Environmental Monitoring Satellite), is scheduled for launch onboard a Cygnus uncrewed resupply spacecraft and will be delivered to the International Space Station (ISS) by an Antares rocket. The launch window at NASA Wallops (Virginia, USA) opens on 17 April 2019.

Assembled in under six months, Clyde Space has provided the satellite platform, payload integration, and testing of the IOD-1 GEMS spacecraft. The flight-proven Clyde Space platform utilizes the company's next generation power subsystems, high-speed s-band transmitter and high-performance onboard computer that support the customer's payload requirements.

The mission will demonstrate Orbital Micro Systems (OMS) miniaturized weather observation technology and is expected to deliver detailed weather information complementing data already available from large institutional satellites.

"We're delighted to provide our technical solution in support of this collaborative mission, which is a massive milestone for both the Catapult and OMS programmes. IOD-1 GEMS is a pioneering mission proving that detailed Earth science can be achieved on a much smaller and lower cost spacecraft. Our flight-proven spacecraft and advanced hardware are enabling a new wave of innovative space technologies, demonstrating both proof of mission concept and the nanosatellite's role in the 'New Space' space-based service market," says Craig Clark MBE, Clyde Space Founder and CSO.

OMS plan to deploy a constellation of small satellites post IOD-1 GEMS success as part of its Global Environmental Monitoring Satellite (GEMS) program which would provide temperature, humidity and precipitation readings at different levels throughout the atmosphere, with a 15-minute refresh rate for any global position. OMS anticipate delivering weather data to insurance, aerospace, maritime, energy and agriculture markets. Through this data, businesses that rely on accurate and timely weather information would be able to substantially improve operational efficiencies.

William Hosack, CEO of Orbital Micro Systems said "The teamwork, innovative design, and integration processes of our engineers and the Clyde Space team kept this program on the necessary aggressive timeline that assured the on-schedule flight readiness of the satellite. The IOD-1 GEMS satellite is the first commercially- operated microwave radiometric weather observation instrument, and it's worth noting that OMS developed GEMS for the express purpose of serving commercial market needs. This project is the beginning of a new generation of market-driven weather data access and analytics which will directly empower business decisions across multiple markets and improve safety, security, and prosperity for everyone."

The Satellite Applications Catapult, which was set up by the government to foster New Space enterprises, is providing six satellites on which companies can prove their technologies work on orbit. Five of these satellites will be manufactured by Clyde Space.

Chris Brunskill, the Head of Access to Space at the Catapult said "We're really excited to see the delivery of the first mission in the IOD Programme. Our aim is to support new businesses in the space sector by providing low- cost, fast access to space. Through our partnership with Clyde Space, Nanoracks and OMS, the IOD-1 GEMS mission has shown how the Catapult enables responsive opportunities that have a tangible impact on the success of our partners in the UK space sector."

2019-03-08

FOR MORE INFORMATION:
Please visit: www.aacmicrotec.com or contact:

Acting CEO Mats Thideman , investor@aacmicrotec.com
Chairman of the board Rolf Hallencreutz, investor@aacmicrotec.com

ABOUT ÅAC MICROTEC ÅAC
Microtec and its subsidiary Clyde Space offer a full turnkey mission service from design to on-orbit operations including reliable platforms in the range of 1 to 50 Kg; customizable to suit our customers' requirements. Our end-to-end service package enables our customers to reach their mission goals with a single, trusted point of contact. In addition, we supply a full range of subsystems for cube satellites and small satellites.

ÅAC Microtec's shares are traded on Nasdaq First North Stockholm. G&W Fondkommission,, e-mail ca@gwkapital.se, telephone +46 8 503 000 50, is the Certified Adviser.

Further Sources: https://sa.catapult.org.uk/news/uk-to-send-new-paradigm-in-weather-forecasting-into-space/

2019-05-23
Regulatorisk

ÅAC Mictrotec medverkar i den första skotsk-irländska förbindelsen i rymden genom att Clyde Space, Skottlands största rymdbolag och dotterbolag till ÅAC Microtec AB, ingår avtal med University College Dublin. Avtalet, som har ett mindre värde, innebär att Clyde Space tillhandahåller delsystemen till plattformen för Irlands första satellit, EIRSAT-1, som är en 2Us kubsatellit. EIRSAT-1 är ett samarbetsprojekt som utvecklats av studenter och anställda på universitetet och kommer att innehålla ny irländsk teknik. EIRSAT-1 är planerad att skjutas upp 2020.

2019-05-23
Regulatory

We are delighted to announce the first Celtic connection in space as Clyde Space, Scotland's largest space company and subsidiary of ÅAC Microtec AB, signs a contract with University College Dublin (UCD).  The contract is of minor value but will see Clyde Space supply CubeSat platform equipment for Ireland's first satellite, EIRSAT-1, which is a 2U CubeSat. EIRSAT-1 is a collaborative project developed by students and staff of UCD and will incorporate novel Irish technology. EIRSAT-1 is planned to launch in 2020.

2019-05-17
Regulatorisk

Det prospekt som ÅAC Microtec AB (publ) ("ÅAC" eller "Bolaget") har upprättat med anledning av den förestående nyemissionen av aktier med företrädesrätt för ÅAC:s aktieägare om cirka 82,5 MSEK ("Företrädesemissionen") har idag godkänts och registrerats av Finansinspektionen. Med anledning av Företrädesemissionen bjuder ÅAC in till investerarträffar torsdagen den 23 maj och tisdagen den 28 maj 2019.

2019-05-17
Regulatory

The prospectus that ÅAC Microtec AB (publ) ("ÅAC" or "the Company") has prepared in connection with the new share issue of approximately SEK 82.5 million with preferential rights for ÅAC's shareholders (the "Rights Issue") has today been approved and registered by the Swedish Financial Supervisory Authority ("Finansinspektionen"). On account of the Rights Issue, ÅAC invites to investor meetings on Thursday, May 23, and Tuesday, May 28, 2019.

2019-05-16
Regulatorisk

ÅAC Microtec AB har valts att leverera ombordteknik som möjliggör multipla nyttolaster på mikrosatelliter utvecklade av amerikanska Loft Orbital Solutions Inc. Ordern som har ett värde om ca 4,7 MSEK (490 kUSD), planeras att levereras under andra halvåret 2019.

2019-05-16
Regulatory

ÅAC Microtec AB has been selected to supply electronics for an onboard technology to enable Payload Rideshares on micro satellites developed by Loft Orbital Solutions Inc. The order with a value of approx. 4.7 MSEK (490 kUSD) is planned to be delivered in the second half of 2019.

2019-05-09
Regulatorisk

ÅAC Microtec ABs amerikanska partner York Space Systems rapporteras framgångsrikt ha tagit sin första satellit, en S-CLASS satellit, i drift efter uppskjutningen till omloppsbana den 5 maj. ÅACs Sirius-produkter, inkluderande omborddator och massminne, samt kraftsystem fungerar planenligt.

2019-05-09
Regulatory

ÅAC Microtec AB's partner U.S. York Space Systens is successfully operating its first satellite in orbit, the S-CLASS satellite after its launch on 5 May 2019. ÅAC's Sirius range, including onboard computer and mass memory, and power system are working according to plan.

2019-05-08
Regulatorisk

GENOMBROTT FÖR SPACE-AS-A-SERVICE

Första kvartalet, januari - mars 2019 (jämfört med januari - mars 2018)

  • Nettoomsättningen uppgick till 14,9 (16,4) MSEK
  • Rörelseresultatet före avskrivningar, EBITDA, uppgick till -6,5 (-12,2) MSEK. Föregående periods resultat inkluderar förvärvskostnader om 8,8 MSEK.
  • Rörelseresultatet efter avskrivningar uppgick till -9,9 (-15,6) MSEK.
  • Resultat efter skatt uppgår till -10,1 (-15,0) MSEK.
  • Resultat per aktie före och efter utspädning uppgick till -0,15 (-0,27) SEK
2019-05-08
Regulatory

BREAKTHROUGH FOR SPACE-AS-A-SERVICE

First quarter, January - March 2019 (compared to January - March 2018)

  • Net sales amounted to 14.9 (16.4) MSEK
  • Operating profit before depreciation, EBITDA, amounted to -6.5 (-12.2) MSEK. Earnings for the previous period include acquisition costs of 8.8 MSEK
  • Operating profit after depreciation amounted to -9.9 (-15.6) MSEK.
  • Profit after tax amounts to -10.1 (-15.0) MSEK
  • Earnings per share before and after dilution amounted to -0.15 (-0.27) SEK
2019-05-08
Regulatorisk

Brent Abbot lämnar posten som CEO AAC Microtec North America Inc., ett dotterbolag till ÅAC Microtec. CSO Craig Clark utses till tf CEO.

2019-05-08
Regulatory

ÅAC Microtec AB Brent Abbot steps down as CEO AAC Microtec North America Inc., a subsidiary of ÅAC Microtec. CSO Craig Clark will be acting CEO until a replacement is appointed.

2019-05-03

ÅAC Microtecs valberedning har beslutat att föreslå Anita Bernie som ledamot i styrelsen. Anita Bernie är välrenommerad inom rymdindustrin efter att ha inlett sin karriär som Spacecraft Design Engineer på Airbus Stevenage, därefter börjat på småsatellittillverkaren SSTL där hon avancerade till att bli medlem av koncernledningen. Sedan 2018 har Anita Bernie arbetat på KISPE Space Systems Limited med ansvar för strategi och genomförande.

2019-05-03

ÅAC Microtec AB's nomination committee has decided to propose Anita Bernie to the Board of Directors. Anita Bernie is well reputed in the space industry, having started her career at Airbus Stevenage as a Spacecraft Design Engineer, later joining  the small satellite manufacturer SSTL, where she progressed to a position on the Senior Executive Team and since 2018 has been at KISPE Space Systems Limited where she leads strategy and execution.

1
2
...
12
>>