Pressmeddelanden

ÅAC Microtec extends business relationship with York through supply of batteries

ÅAC has extended business activities with York Space Systems to include the supply of the batteries for their S-CLASS satellite platform. The delivery includes engineering support and delivery of one battery sub- system. The initial procurement, with a limited value, is of strategic importance as this is yet another subsystem for York's S-CLASS platform with potential for follow on orders for subsequent missions.

This new order extends the range of sub-systems that ÅAC will be supplying to York and is another milestone in the relationship between the two companies. The battery that will be supplied to York is an advanced and reliable product that has undergone strenuous testing and comes with a very long flight heritage. This is very much in-line with the philosophy of the S-Class platform which is a reliable alternative to the space industry whilst achieving significant cost savings when compared with similar platforms currently available.

- This is another vote of confidence from the York team signifying the quality and technical excellence of our product offerings, as well as the close working relationship of our teams aimed to support York Space Systems in meeting schedule and technical requirements, both for the existing customers of the platform and, more importantly, for boosting future business engagements. York continues to progress forward with customer in both commercial and government markets and we are happy to be a valued partner says Brent Abbot, CEO of ÅAC Microtec Inc.

- This is another critical sub-system of our S-CLASS platform which continues progressing fast towards our Flight manifested launch. Our business and technical engagement with the ÅAC team has been very fruitful and has allowed us to focus on the integration, deployment, and operation of the platform, says Dirk Wallinger, CEO York Space Systems.

ÅAC total business relationship with York S-CLASS satellite includes:

  • Sirius avionics sub-system (on board computer and mass memory).
  • Engineering and production of flight units for the Electrical Power Subsystem.
  • Engineering support and delivery of one battery sub-system in 2018 with anticipated quantity procurements thereafter.

2018-04-12

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

CEO Alfonso Barreiro, investor@aacmicrotec.com
Chairman of the board Rolf Hallencreutz, investor@aacmicrotec.com

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 08:30 CET on 12 April, 2018.

ABOUT ÅAC MICROTEC
ÅAC 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, telephone +46 8 503 000 50, is the Certified Adviser.

ABOUT YORK SPACE SYSTEMS
York Space Systems was founded to radically improve spacecraft affordability and reliability, transforming and enabling next generation space mission operations worldwide, Today, it is one of the most innovative aerospace companies, specializing in both end-to-end customer solutions and the manufacture of spacecraft platforms in Denver. York's S-CLASS industrial-grade platform is a standardized 3-axis stabilized spacecraft capable of supporting 85kg payloads with up to 100W of Orbit Average Power (OAP) and 3,000W peak (Enhanced power system), while reducing the cost of manufacture by an order of magnitude. The S-CLASS spacecraft is fully compatible with all launch vehicles, including ground and air- launched, and ground segment providers. When optioned with York's cloud-based mission tasking and operations center, an ultra-low-cost solution is available on demand for next generation data collection and analytics companies.

For more information, visit http://www.YorkSpaceSystems.com

2018-10-09

ÅAC har levererat en andra 3U-satellit till kanadensiska Kepler Communications, som ska skjutas upp senare i år. Satelliten tillverkades inom loppet av tre månader för ett pilotprogram som ska demonstrera en "store-and-forward" datatjänst med målet att skapa en väsentligt större konstellation, både för den globala IoT-marknaden, och för kommunikationstjänster i rymden.

2018-10-09

ÅAC has delivered its second 3U satellite to Canadian company Kepler Communications, which is set for launch later this year. The satellite was manufactured in under three months to form part of a pilot programme to demonstrate its store-and-forward data service aiming for a much larger constellation targeting as well the global IoT market and in-space connectivity.

2018-09-03

Craig Clark, grundare av Clyde Space och CSO för ÅAC Microtec har informerat bolaget att han har sålt 580 000 aktier och gett totalt 121 503 aktier i gåva. Efter transaktionerna äger Craig Clark 8 927 355 aktier i ÅAC Microtec, motsvarande 13,0 procent i bolaget.

2018-09-03

Craig Clark, founder of Clyde Space and CSO for ÅAC Microtec has informed the company that he has sold 580,000 shares and given a total of 121,503 shares as a gift. Following the transactions, Craig Clark holds 8 927 355 shares in ÅAC Microtec, corresponding to 13.0 percent in the company.

2018-08-31
Regulatorisk

ÅAC vinner order på ett kraftdelsystem för en helt ny rymdapplikation. Kraftdelsystemet ska levereras under 2019 och ordervärdet uppgår till ca 5,2 MSEK.

2018-08-31
Regulatory

ÅAC wins an order for the supply of a power subsystem to be utilized in a new application. The power subsystem will be delivered during 2019 and order value is approximately 5.2 MSEK.

2018-08-23
Regulatorisk

Andra kvartalet 2018

  • Nettoomsättningen uppgick till 22,1 (5,0) MSEK.
  • Rörelseresultatet före avskrivningar, EBITDA, uppgick till -5,6 (-4,8) MSEK
  • Rörelseresultatet efter avskrivningar uppgick till -18,4 (-6,1) MSEK. Goodwillavskrivning i enlighet med redovisningsregelverket K3 relaterade till förvärvet av Clyde Space Ltd uppgick till 10,2 MSEK
  • Resultat efter skatt uppgår till -18,7 (-6,1) MSEK
  • Resultat per aktie före och efter utspädning uppgick till -0,27 (-0,19) SEK
  • Order på batterier från York Space Systems
  • Order på sammanlagt 25,6 MSEK från aspirerande satellitkonstellationer
  • Ökning av aktiekapital genom teckning av teckningsoption TO1
2018-08-22
Regulatorisk

ÅAC Microtec AB Brittiska staten stödjer företag som arbetar med innovativa projekt och som gör framsteg inom vetenskap och teknik. Stödet sker genom en skattebefrielse (R&D Tax Credit). Clyde Space kvalificerar sig för skattebefrielsen genom den pågående utvecklingen av branschledande CubeSat-plattformar och delsystem.

2018-08-22
Regulatory

ÅAC Microtec AB Research and development (R&D) tax credits are a UK government tax relief supporting companies that work on innovative projects making advances in science and technology. Clyde Space qualifies for R&D tax credits due to the ongoing development of industry leading CubeSat platforms and subsystems.

2018-08-20
Regulatorisk

ÅAC har vunnit en order från kanadensiska Kepler Communications för leverans av en satellitplattform till deras Machine-to-Machine kommunikationslösning. Konstellationen är en föregångare till Keplers kommande GEN1-konstellation. Ordervärdet uppgår till ca 3,5 MSEK och omfattar leverans av en 6U-satellit under tredje kvartalet 2019 samt drifttagande av satelliten i omloppsbana.

2018-08-20
Regulatory

ÅAC wins an order from Kepler Communications of Canada aiming to deliver a spacecraft platform for their Machine-to- Machine communications service. This mission is a precursor to their forthcoming GEN1 constellation. Including both satellite platform and on-orbit commissioning services, the order value is worth approximately 3.5 MSEK, with the platform to be delivered in Q3 2019.

2018-08-09
Regulatorisk

ÅAC vinner ytterligare en uppföljningsorder från en japansk kund för leverans av den senaste generationen av Sirius delsystem som denna gång uppgraderas med LEON3FT-mjukvaruprocessorn. Delsystemen ska integreras i kundens satellit som planeras att skjutas upp under 2019/2020. Värdet av ordern som förväntas levereras under fjärde kvartalet 2018, är cirka 1,4 MSEK.

2018-08-09
Regulatory

ÅAC wins yet another follow-on order from a Japanese customer for supply of the latest Sirius avionics subsystem, this time based on the LEON3FT soft core processor. The subsystems will be integrated in the customer's satellite that is expected to be launched in 2019-2020. The order, which is expected to be delivered in Q4 2018, is valued at approximately 1.4 MSEK.

2018-05-31

Sista dag att utnyttja teckningsoption TO1 är idag, 31 maj 2018.

2018-05-31
Regulatorisk

ÅAC har vunnit en bindande order från Space Systems Engineering Ukraine (SSE) för leverans av avionik och kraftdelsystem till deras "In-Orbit-Demonstration" uppdrag. Ordern ska kompletteras med ett slutgiltigt avtal där viss konfiguration av delsystemen specificeras. Ordervärdet är cirka 10,3 MSEK och leveranser påbörjas tredje kvartalet 2018 avslutas andra kvartalet 2019.

2018-05-31
Regulatory

ÅAC wins a binding order from Space Systems Engineering Ukraine (SSE) for the supply of avionics and power subsystems for their In-Orbit-Demonstration mission. The binding order is subject to a final agreement aiming to finalize some of the equipment configuration. The order value is approximately 10.3 MSEK and will be delivered in batches from Q3 2018 to Q2 2019.

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