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/

2019-03-19

ÅAC Microtec AB ska utveckla mjukvara för Institutet för rymdfysiks instrument på European Space Agencys (ESA) mission till Jupiter JUICE för 2,1 MSEK. Instrumentet ska bidra till missionens övergripande mål, att ta reda på om det finns förutsättningar för liv under ytan på Jupiters månars frusna hav.

2019-03-19

ÅAC Microtec AB has been awarded a 2.1 MSEK software development contract from the Swedish Institute of Space Physics for an instrument that will be part of the European Space Agency's (ESA) Jupiter mission, JUICE. The instrument will assist in the mission's overall goal, to find out if there are conditions for life in under the surface of Jupiter's moons.

2019-03-18
Regulatorisk

ÅAC Microtec:s dotterbolag Clyde Space har utsetts av polska KP Labs att tillhandahålla uppskjutningen av Intuition-1 - missionen. Ordervärdet uppgår till 0,4 MGBP (ca 5 MSEK).

2019-03-18
Regulatory

ÅAC Microtec AB's subsidiary, Clyde Space, has been selected by Polish KP Labs to provide launch for the mission Intuition-1. The order value is 0.4 MGBP (approx. 5 MSEK).

2019-03-12

ÅAC Microtec har valt att utöka sin analystäckning för att öka genomlysningen av bolaget. Londonbaserade Edison Investment Research har idag publicerat sin första fullständiga analys av ÅAC Microtec.

2019-03-12

ÅAC Microtec has chosen to expand its analysis coverage to increase the transparency of the company. London-based Edison Investment Research has today published its first full coverage of ÅAC Microtec.

2019-03-08

ÅAC Microtec AB ÅAC Microtec AB:s dotterbolag Clyde Space har levererat den första "In Orbit Demonstration" (IOD) satelliten till Nanoracks som ansvarar för satellitens uppskjutning. Missionen är en del av det så kallade IOD-programmet som finansieras av Innovate UK samt UK Space Agency och som leds av Satellite Applications Catapult.

2019-03-08

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.

2019-03-04
Regulatorisk

ÅAC Microtec AB:s dotterbolag, Clyde Space, har valts av KP Labs för att leverera en 6U-satellit till missionen Intuition-1. Ordervärdet uppgår till 0,5 MGBP (cirka 6,1 MSEK).

2019-03-04
Regulatory

ÅAC Microtec AB's subsidiary, Clyde Space, has been selected by KP Labs to deliver a 6U satellite for the mission Intuition-1. The order value is 0.5 MGBP (approx. 6.1 MSEK).

2019-02-21
Regulatorisk

ÅAC VISAR POSITIVT EBITDA FÖR FJÄRDE KVARTALET 2018 OCH ÖVERTRÄFFAR OMSÄTTNINGSPROGNOS FÖR HELÅRET

Fjärde kvartalet, oktober - december 2018 (jämfört med oktober - december 2017)

  • Nettoomsättningen uppgick till 29,0 (2,2) MSEK, inklusive royalty på 4,1 MSEK
  • Rörelseresultatet före avskrivningar, EBITDA, uppgick till 3,4 (-7,3) MSEK
  • Rörelseresultatet efter avskrivningar uppgick till 0,3 (-9,3) MSEK. Avskrivningar av övriga vid förvärvet av Clyde Space identifierade immateriella tillgångar uppgick till 1,3 MSEK
  • Resultat efter skatt uppgår till 0,4 (-9,3) MSEK
  • Resultat per aktie före och efter utspädning uppgick till 0,01 (-0,29) SEK

Helåret 2018 (jämfört med helåret 2017)

  • Totala intäkterna överträffade prognosen med 2,7 MSEK och uppgår till 87,7 MSEK
  • Nettoomsättningen uppgick till 77,9 (13,3) MSEK. Clyde Space Ltd, som förvärvades 30 januari 2018, ingår i omsättning och resultat från och med februari, dvs med 11 månader under perioden januari till december
  • Rörelseresultatet före avskrivningar, EBITDA, uppgick till -28,5 (-21,4) MSEK. Rörelse-resultatet är belastat med förvärvskostnader från förvärvet av Clyde Space om 8,8 MSEK
  • Rörelseresultatet efter avskrivningar uppgick till -43,3 (-27,2) MSEK. Avskrivningar av övriga vid förvärvet av Clyde Space identifierade immateriella tillgångar uppgick till 4,9 MSEK
  • Resultat efter skatt uppgår till -42,6 (-27,3) MSEK
  • Resultat per aktie före och efter utspädning uppgick till -0,65 (-0,86) SEK
2019-02-21
Regulatorisk

VD Alfonso Barreiro lämnar VD-posten i rymdföretaget ÅAC Microtec. CFO och vice VD Mats Thideman utses nu till tf VD och bildar tillsammans med CSO Craig Clark ett executive team som ska leda bolaget fram till att en ny VD är på plats. Styrelsen inleder omgående rekryteringen av en ny VD.

2019-02-21
Regulatory

Alfonso Barreiro leaves the position of CEO in the space company ÅAC Microtec. CFO and vice CEO Mats Thideman is now appointed acting CEO and forms an executive team together with CSO Craig Clark to lead the company until a new CEO is in place. The Board of Directors immediately starts recruiting a new CEO.

2019-02-06

ÅAC har under de senaste fyra veckorna erhållit fyra nya order på totalt 4 MSEK för Siriusavionik och kraftprodukter från befintliga och nya kunder i Japan. Produkterna ska levereras under andra och tredje kvartalet 2019. Dessa nya order stärker framgångarna för produktserien på den japanska marknaden ytterligare, och ger ett totalt ordervärde från Japan för produkterna på 13,5 MSEK under de senaste 12 månaderna.

2019-02-06

ÅAC has during the last four weeks received four new orders of total 4 MSEK for the Sirius avionics and power products from existing and new customers in Japan. The products will be delivered during the second and third quarter of 2019. The new orders further the success of the product range in the Japanese market, showing a total order value of 13.5 MSEK in the last 12 months.

2019-01-31

Enligt de principer för tillsättande av valberedning i ÅAC Microtec AB som antogs på årsstämman den 24 maj 2018 ska valberedningen inför årsstämman 2019 utgöras av de fyra röstmässigt största ägarna i bolaget per den 31 augusti, samt styrelsens ordförande. Avstår någon av dessa ägare att utse ledamot ska dennes rätt ges till den ägare som röstmässigt ligger direkt under. Så länge bolagets hemvist är i Sverige ska också majoriteten (3/5) av ledamöterna i valberedningen vara skrivna i Sverige. Valberedningen väljer sin ordförande.

2019-01-31

According to the principles for appointment of a Nomination Committee in ÅAC Microtec AB, which were adopted at the Annual General Meeting on May 24, 2018, the Nomination Committee should, ahead of the Annual General Meeting 2019, consist of the company's four largest shareholders in terms of votes as of August 31, and the Chairman of the Board. Should any of these owners refrain from appointing a member, their right should be given to the owner directly below in terms of number of votes. As long as the company's domicile is in Sweden, the majority (3/5) of the members of the nomination committee must also be registered in Sweden. The Chairman is elected by the Nomination Committee.

2018-12-20

Uppskjutningen av AAC Clydes DaVinci-satellit skedde med hjälp av en Electron-raket från Rocket Labs den 16 december från Mahia i Nya Zeeland. Kund är den amerikanska skolan North Idaho STEM Charter Academy som har bekräftat kontakt med satelliten och att alla system fungerar som planerat.

2018-12-20

Small satellite experts AAC Clyde's DaVinci mission was successfully launched on December 16th from Mahia, New Zealand on Rocket Lab's Electron Rocket. The customer, U.S. North Idaho Stem Charter Academy has since then confirmed that contact has been made with the spacecraft, with all spacecraft systems performing as planned.

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