Pressmeddelanden

ÅAC Microtec heralds first Celtic connection in space with EIRSAT-1

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.

EIRSAT-1 will be fully designed, assembled, tested and operated in Ireland by staff and students at UCD. This is primarily a technology demonstration and science mission with three payloads, a gamma-ray detector, a materials science experiment and a novel spacecraft control algorithm. It will also demonstrate a low-profile UHF/VHF Antenna Deployment Mechanism. Clyde Space are providing UCD with our full set of CubeSat avionics, including a flight proven onboard computer, an attitude determination and control system and our, still world leading, high-performance power system products.

"Just under a decade ago, we designed and manufactured Scotland's first satellite, UKube-1.  Still operational today, UKube-1 was launched from Baikonur in Kazakhstan in 2014.  I can't say enough how important UKube-1 was to not only Clyde Space, but also to the Scottish space industry.  I believe it was one of the most important catalysts to the fantastic growth we have since seen to the Scottish space sector - 13 years ago there was practically no industry and now we have one of the fastest growing space sectors in the world. We are super proud that UCD has chosen Clyde Space to support Ireland's first mission.  I wish UCD all the best and hope that EIRSAT-1 is embraced by both government and industry to stimulate a significant and sustainable space sector in Ireland", said Craig Clark MBE, Clyde Space Founder & CSO.

The EIRSAT-1 project is carried out with the support of the Irish Department of Business, Enterprise and Innovation, Enterprise Ireland, the Irish Research Council, Science Foundation Ireland, the Education Office of the European Space Agency (ESA), under the educational Fly your Satellite! Programme, ESA Science and ESA PRODEX. The project is developing detailed skills and know-how for mission, payload and technology development in the Irish space sector in space science and engineering.

"Through EIRSAT-1, UCD is developing the first end-to-end space mission and payload systems capability for the benefit of Irish research and industry. It is a challenge to both develop the payload technologies whilst simultaneously readying ourselves for spacecraft delivery, launch and operations. We are really grateful to have Clyde Space provide us with proven avionics subsystems to allow us to concentrate on qualifying our technologies for flight and growing full mission operation skills for the first time in Ireland. We look forward to exploring other potential collaborations in the future", said Dr Ronan Wall, Space Programme Manager at University College Dublin.  

2019-05-23

FOR MORE INFORMATION:

Please visit: www.aacmicrotec.com and www.clyde.space or contact:
CEO, Luis Gomes, 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. Their end-to-end service package enables our customers to reach their mission goals with a single, trusted point of contact. In addition, they supply a full range of subsystems for cube satellites and small satellites.  The company has offices in Sweden, the UK and USA.

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.

ABOUT EIRSAT-1:

EIRSAT-1 is Ireland's first satellite and is designed, built and will be operated from University College Dublin with the support of Enterprise Ireland, the Irish Research Council and Science Foundation Ireland.  The project is a collaboration between the Schools of Physics, Engineering, Mathematics and Computer Science.

https://www.eirsat1.ie/  

https://twitter.com/eirsat1?lang=en

About CubeSats

CubeSats are fully functional satellites.  CubeSat have standard dimensions are measured in standard "Units" or "U's" with a 1U CubeSat being 100mm x 100mm x 110mm and about 1.1kg, a 3U CubeSat being 100mm x 100mm x 330mm and about 4kg, and so on.  CubeSats typically piggy-back on other launches.  The range of applications of CubeSats is increasing rapidly as the technology and capabilities of these tiny spacecraft continue to improve.

Further Sources:

https://www.eirsat1.ie/subsystems 

2019-07-11

Fredag 5 juli kl. 07:41 CEST avfyrades NSLSat-1 via EXOLAUNCH på raketen Soyuz 2.1b. Raketen sköts upp från Vostochny Cosmodrome i Ryssland in i låg omloppsbana (Low Eart Orbit, LEO). AAC Clyde Space har etablerat kontakt med satelliten från sin markstation i Glasgow och alla system fungerar planenligt. AAC Clyde Space ansvarar för hela uppdraget kring NSLSat-1, från design och produktion av satelliten, till dataleveranser till israeliska NSLComm.

2019-07-11

NSLSat-1, was successfully launched on Friday 5 July at 07:41 CEST by EXOLAUNCH on the Soyuz 2.1b launch vehicle from the Vostochny Cosmodrome, Russia, into Low earth Orbit (LEO). AAC Clyde Space has since made contact with spacecraft from their Glasgow based ground station, with spacecraft systems performing as planned. AAC Clyde Space are providing a full end-to-end mission service package for this mission, from mission design and satellite manufacture to data supply for Israel's NSLComm.

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.

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