Pressmeddelanden

ÅAC Microtec enters into an Interim Cooperation Agreement with Bright Ascension Ltd

ÅAC Microtec AB ÅAC Microtec AB (publ) and Bright Ascension Ltd have today entered into an Interim Agreement that facilitates the joint offering of products for spacecraft avionics.

The aim of the cooperation is to integrate ÅAC's "Sirius Avionics platform" with Bright Ascension's "GenerationOne Flight Software" Development Kit. The joint product creates a turnkey solution for mission planners and spacecraft integrators. It also combines the powerful architecture of ÅAC's avionics platform with Bright Ascension's feature-rich and flight-proven software implementation for spacecraft management.

The combined offering significantly reduces the development timescales for spacecraft integrators by enabling them to rapidly customize the existing platform and create a solution fully tailored to their specific mission requirements.

The interim agreement aims to accelerate the marketing activities of the joined platform and to support the ongoing activities of systems integration, whilst the commercial relationship is expected to be formalized within the next two months.

- Following the establishment of our UK office earlier this year, this collaboration represents the first step of our plans to increase our activities in the UK for the benefit of our global sales and marketing. More importantly, it is great to be working with another like-minded, young, dynamic company with excellent ideas, says Iraklis Hatziathanasiou, VP Business Development Europe.

- We are excited by our formal collaboration with ÅAC Microtec. The combination of ÅAC's innovative Sirius products and our industry-leading software platform is extremely powerful, and we see a wide range of opportunities and applications for our combined technology across the space industry, says Peter Mendham, Managing Director Bright Ascension Ltd.

2017-05-23

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

Acting CEO and CFO Mats Thideman, mats.thideman@aacmicrotec.com, +46 70 556 09 73
Chairman of the board Rolf Hallencreutz, rolf.hallencreutz@aacmicrotec.com , +46 70 964 21 60

The information in this press release is such that ÅAC Microtec AB (publ) shall announce publicly according to the EU Regulation No 596/2014 on market abuse (MAR). The information was submitted for publication, through the agency of the contact person set out above, at 14:45 on 23 May, 2017.

ABOUT ÅAC MICROTEC:
ÅAC Microtec is a supplier of spacecraft avionics and data management products, such as onboard computers, mass memory storage and power supplies. ÅAC's technical competence includes the advanced and robust, fault-tolerant microelectronics for critical space applications. The company also markets complete satellites (weight <150 kg) in collaboration with other specialized suppliers.

ÅAC Microtec's shares are traded on Nasdaq First North Stockholm. G&W Brokerage, telephone +46 8 503 000 50, is the Certified Adviser.

ABOUT BRIGHT ASCENSION:
Bright Ascension are space software specialists offering products and consultancy services to address the complete mission lifecycle. Their innovative and responsive approach is ideal for space ventures of all sizes. Bright Ascension's industry-leading technology lowers development time, cost and risk for missions from single nano-satellites through to larger spacecraft and constellations.

Bright Ascension are based in Dundee and Edinburgh, Scotland, UK. For more information, please visit: http://www.brightascension.com/

2017-12-22
Regulatorisk

Aktieägarna i ÅAC Microtec AB, org. nr 556677-0599, ("Bolaget") kallas härmed till extra bolagsstämma måndagen den 29 januari 2018 klockan 13.00, i lokaler på Villa Anna, Odinslund 3, Uppsala.

The shareholders of ÅAC Microtec AB, reg. no. 556677-0599 (the "Company"), are hereby convened to the extraordinary general meeting on Monday 29 January 2018 at 1.00 pm CET, in the facilities of Hotel Villa Anna, Odinslund 3 in Uppsala, Sweden.

2017-12-22
Regulatory

Aktieägarna i ÅAC Microtec AB, org. nr 556677-0599, ("Bolaget") kallas härmed till extra bolagsstämma måndagen den 29 januari 2018 klockan 13.00, i lokaler på Villa Anna, Odinslund 3, Uppsala.

The shareholders of ÅAC Microtec AB, reg. no. 556677-0599 (the "Company"), are hereby convened to the extraordinary general meeting on Monday 29 January 2018 at 1.00 pm CET, in the facilities of Hotel Villa Anna, Odinslund 3 in Uppsala, Sweden.

2017-12-22
Regulatorisk

Enligt pressmeddelande den 21 december 2017 har ÅAC Microtec AB (publ) ("ÅAC" eller "Bolaget") ingått avtal om att förvärva Clyde Space Limited ("Clyde Space"). 

2017-12-22
Regulatory

According to the press release on 21st December 2017, ÅAC Microtec AB (publ) ("AAC" or "the Company") has entered an agreement to acquire Clyde Space Limited ("Clyde Space"). 

2017-12-21
Regulatorisk

Styrelsen för ÅAC Microtec AB ("ÅAC" eller "Bolaget") har, villkorat av efterföljande godkännande på en extra bolagsstämma, och som omnämnts i bolagets press release tidigare idag, beslutat att emittera 6 535 948 nya aktier till ett pris om 7,65 kronor per aktie. Priset har fastställts genom ett så kallat "accelerated book-building"-förfarande lett av G&W Fondkommission. Den riktade nyemissionen riktade sig till ett begränsat antal svenska professionella investerare.

2017-12-21
Regulatory

The Board of Directors of ÅAC Microtec Group AB ("AAC" or the "Company") has, subject to approval by a general meeting with the shareholders, and as indicated in the press release published on 21st December 2017, resolved to issue 6 535 948 new shares at the price of SEK 7,65 per share. The price was established through a so called "accelerated book-building" procedure led by G&W Capital ("G&W"). The new share issue was directed to a limited number of Swedish professional investors.

2017-12-21
Regulatorisk

ÅAC Microtec förvärvar den ledande CubeSat-leverantören Clyde Space och skapar en global ledare på den snabbväxande marknaden för småsatelliter och CubeSats.

2017-12-21
Regulatory

AAC Microtec acquires CubeSat leader Clyde Space and creates a global leader in the high-growth market for small satellites and CubeSats.

2017-12-20
Regulatorisk

ÅAC har säkrat ett licensavtal med York Space Systems avseende kraftsystem till deras S-CLASS satellitplattform. Totalt ordervärde över 5 år är cirka 8,6 MSEK och inkluderar utveckling samt licensavgift och royalties som ger York rätten att tillverka kraftsystemet.

2017-12-20
Regulatory

ÅAC has secured a license agreement with York Space Systems regarding power subsystems to the S-CLASS satellite platform. Total order value over 5 years is approximately 8.6 MSEK and includes engineering, license fee and royalties for York to manufacture the power system.

2017-11-23
Regulatorisk
  • Alfonso Barreiro ny VD för ÅAC Microtec.
  • Brent Abbott ny VD för ÅAC Microtec North America, Inc
  • Genombrottsaffärer för ÅAC på den kommersiella rymdmarknaden
2017-11-23
Regulatorisk

ÅAC har säkrat en andra order från Airbus Defence och Space i Storbritannien för att leverera ytterligare ett delsystem för marktester av kraftdelarna i ExoMars-rovern värd 1,1 MSEK. Detta är den andra av två order av den här utrustningen med ett total ordervärde på 2,2 MSEK. 

2017-11-23
Regulatory

ÅAC has secured a second order with Airbus Defence and Space in UK to supply power subsystems for the ground testing of the ExoMars rover worth 1.1 MSEK. This is the second of the two orders for this type of equipment with a total order value of 2.2 MSEK.

2017-11-06
Regulatorisk

ÅAC har under de senaste veckorna vunnit viktiga och prestigefyllda order som visar att företagets övergång från ett utvecklingsbolag till ett kommersiellt produktbolag är inledd. ÅAC vill dock understryka att övergången även innebär att man övergår från en inkomstmodell med stabila inkomstströmmar från utvecklingsprojekt till en ny intäktsmodell, främst baserad på produktförsäljning.

2017-11-06
Regulatory

ÅAC has in recent weeks won important and prestigious orders indicating that the company's transition from a development company into a commercial product company is well underway. ÅAC would like to underscore though that this transition also involves transiting from one revenue model with steady income streams from development projects into the new revenue model primarily based on product sales.

2017-11-06
Regulatorisk

ÅAC har säkrat ett kontrakt med Airbus Defense and Space i Storbritannien för levererans av ett delsystem för test av kraftdelarna i ExoMars-rovern inför uppskjutning. Detta är den första av två order av den här utrustningen med ett initialt ordervärde på 1,1 MSEK. Leverans sker i februari 2018.

2017-11-06
Regulatory

ÅAC has secured a contract with Airbus Defense and Space in UK to supply power subsystems for the ground testing of the ExoMars rover. This is the first of two orders for this type of equipment with an initial order value of 1.1 MSEK a delivery timescale of February 2018.

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