Pressmeddelanden

ÅAC Microtec formalizes Collaboration with Mauritius Research Council for MIR-SAT1 1U mission

ÅAC Microtec AB ÅAC and the Mauritius Research Council, MRC (mrc.org.mu), have signed a contract to formalize the collaboration to deliver a 1U CubeSat and mission services for their pioneering Mauritian Infrared Satellite (MIR-SAT1) mission. The company will supply a fully integrated 1U CubeSat alongside a comprehensive mission service which includes, training, ground station delivery and operations support. The contract value amounts to £325,000 (approx. 3.8 MSEK) and will be delivered during 2019.

AAC Clyde will support the development of the payload and will integrate the spacecraft in its Glasgow facility whilst training the MRC engineering staff on Assembly, Integration and Test (AIT) of the spacecraft. This is supplemented by a comprehensive support package that includes the supply and installation of a ground station in Mauritius and support for the launch activities and Early Orbit Phase operations.

The training will leverage the AAC Clyde 13 years' experience in delivering nanosatellite solutions and aims to ensure the long-term presence of MRC in the international space community. It will significantly contribute to the knowledge of nanosatellite technologies in Mauritius.

- We're delighted to be part of this collaborative project which is a key enabler for space-based activities in the region. This project illustrates the accessibility of small satellite technology as well as its usefulness, as it transforms Mauritius into a spacefaring nation, says Iraklis Hatziathanasiou, VP Business Development AAC Clyde 

The Republic of Mauritius's pilot spacecraft is primarily a technology demonstration mission which will use a longwave infrared (LWIR) thermal camera (main payload) to collect images of Mauritius and the surrounding regions. The mission also incorporates a secondary payload aiming to demonstrate communications capabilities through an S-band transmission system that will broadcast an update to an islet of the Republic of Mauritius using the on-board communication subsystem. The 1U satellite, MIR-SAT1, will be deployed from the International Space Station (ISS) through the Japanese experimental deployment module "Kibo".

- This is a key milestone in the development of our space-based capabilities, resources and networking within the global space industry. This project will promote and accelerate interest in small satellites technology in our country and would enable Mauritius to develop innovative solutions through data analytics and take informed decisions for a number of societal challenges, such as, connectivity with remote islands, active management of the Exclusive Economic Zone (EEZ) and crop yields improvement, says Dr Arjoon Suddhoo, Executive Director of MRC 

2018-11-12

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 November 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 Mauritius Research Council (MRC) (mrc.org.mu)
The MRC acts as a central body to advise Government on Science and Technology issues and to influence the direction of technological innovation by funding research projects in areas of national priority and encouraging strategic partnerships.

2019-06-10
Regulatorisk

ÅAC Microtec AB ÅAC Microtec AB:s (publ) ("ÅAC" eller "Bolaget") nyemission med företrädesrätt för aktieägarna ("Företrädesemissionen") har avslutats. Intresset var stort och sammanlagt tecknades Företrädesemissionen till 139 procent. Bolaget tillförs därmed 82,5 MSEK före emissionskostnader.

2019-06-10
Regulatory

ÅAC Microtec AB's (publ) ("ÅAC" or "the Company") rights issue with preferential rights for the shareholders ("the Rights Issue") has been completed. The interest was high, and the total subscription amounted to 139 percent. Consequently, ÅAC will receive proceeds of SEK 82.5 million before issue costs.

2019-06-03
Regulatorisk

ÅAC Microtec har utsett MID Co Ltd som ny distributör på den sydkoreanska marknaden. MID Co. Ltd bildades 2018 av ett sydkoreanskt team som har lång erfarenhet inom rymdindustrin. Distributionsavtalet omfattar alla AAC Clyde Space produkter och syftar till att tillgodose behoven av delsystem och plattformar till den växande sydkoreanska kubsatellit- och småsatellitmarknaden.

2019-06-03
Regulatory

ÅAC Microtec has appointed MID Co. Ltd as their new distributor in the South Korean Market. MID Co. Ltd was formed in 2018 by a South Korean team that has a long experience of operating in the Space Industry. The distribution agreement covers all products across the group and aims to address the needs of the South Korean market which is a growing market for CubeSat and SmallSat platforms and sub-systems.

2019-05-31
Regulatorisk

ÅAC Microtec ABs dotterbolag, Clyde Space, har levererat sin första 6U kubsatellit, NSLSat-1, för uppskjutning. Denna banbrytande kommunikationssatellit är en del av "space-as-a-service"-kontraktet med NSLComm där AAC Clyde Space designar, tillverkar, skjuter upp och driftar satelliten för NSLComms vägnar. Syftet med missionen är att revolutionera kommunikationsnätverket i rymden med ett innovativt, högpresterande, utfällningsbart antenn- och reflektorsystem. Satelliten är avsedd att vara den första i en framtida konstellation av cirka 80 satelliter.

2019-05-31
Regulatory

ÅAC Microtec AB's subsidiary, Clyde Space, has delivered its first 6U CubeSat, NSLSat-1, to the launch provider. This groundbreaking communications satellite is part of a space-as-a-service contract under which AAC Clyde Space designs, manufactures, launches, and operates the satellite on behalf of NSLComm. The mission is set to revolutionize the space communications network with the introduction of an innovative, high-performance, deployable antenna & sub-reflector system. The satellite is intended to be the first in a future constellation of about 80 satellites.

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.

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