Pressmeddelanden

ÅAC Microtec secures follow-on order from Airbus UK

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.

Following the first order, press released November 6, 2017, and successful negotiation of the equipment specification, Airbus UK has placed a second order with ÅAC for a tailored power subsystem aiming to cover the immediate needs of testing of the ExoMars rover during its development phase. The completion date for delivering the equipment to Airbus is February 2018.

The ExoMars rover is a very expensive development as it is targeting an extreme environment of operation. All equipment that interface with the rover have to comply with strict specifications and quality assurance requirements to make sure that no damage is incurred to the rover during testing. The ÅAC supplied equipment will be used to power directly parts of the rover during it's ground testing phase and, as such, will comply with many of those requirements.

The primary goal of the ExoMars programme is to search for signs of past and extant life on Mars. It is a joint mission between the European and Russian space agencies (ESA and Roscosmos respectively). The European cost of the ExoMars programme is €1.3 billion (under economic conditions of 2008). The rover will be the first mission to combine the capability to move across the surface and to study Mars at depth.

- It is a great pleasure to be working with the Airbus team in the ExoMars programme. It is work that can help us evolve our processes to be compatible with those followed by Airbus and can potentially lead to other future work. It also underpins our continuing expansion as a tier-1 supplier to European and global spacecraft primes, says Iraklis Hatziathanasiou, VP Business Development Europe.

2017-11-23 

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 23 November, 2017.

ABOUT ÅAC MICROTEC
ÅAC Microtec is a supplier of spacecraft avionics, such as onboard computers, mass memory storage and power management units. 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 Fondkommission, telephone +46 8 503 000 50, is the Certified Adviser.

ABOUT AIRBUS DEFENCE AND SPACE
Airbus Defence and Space, a division of Airbus Group, is Europe's number one defence and space enterprise and the second largest space business worldwide. Its activities include space, military aircraft and related systems and services. It employs more than 38,000 people and in 2015 generated revenues of over 13 billion Euros.

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.

2017-11-21

Datum: Måndag 27 november, kl 10:50
Plats: Svenska Mässan, Mässans Gata 8, Göteborg

2017-11-21

ÅAC Microtec AB Date: Monday, November 27, 10:50 am 
Place: Svenska Mässan, Mässans Gata 8, Gothenburg

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.

2017-11-03
Regulatorisk

ÅAC Microtec AB ÅAC har säkrat en order från en ny japansk kund för leverans av utvecklingsenhet av en Siriusprodukt. Siriusenheten kommer att användas vidutvecklingen av en ny satellit. Ytterligare order för serietillverkning förväntas under 2019-2020. Värdet på den första ordern är cirka 0,4 MSEK och leverans beräknas ske i slutet av november 2017.

2017-11-03
Regulatory
ÅAC Microtec AB ÅAC has received an order for a development unit of its Sirius product line from a new Japanese customer. The development unit will be used in the spacecraft design process. It is expected that further orders will follow for manufacturing flight models that aim to be launched in the timeframe 2019-2020. The value of the initial order is approximately 0.4 MSEK and will be delivered before the end of November 2017.
2017-10-06

ÅAC Microtec AB Mats Thideman utses, utöver hans roll som CFO, till vice Verkställande Direktör.

2017-10-06

In addition to his role as CFO, Mats Thideman is appointed Deputy CEO

2017-10-03
Regulatorisk

ÅAC Microtec:s Sirius-produkter har valts som viktiga komponenter till utvecklingen av två nya plattformar. Beställarna är kommersiella och baserade i England och Japan. Ordervärdet på utvecklingsenheterna uppgår totalt till ca 65 kEUR.

2017-10-03
Regulatory

ÅAC Microtec's Sirius products have been selected as key components for the development of two new platforms. The customers are commercial organisations based in England and Japan. The order value of the development unit's amounts to approximately 65 kEUR.

2017-09-04
Regulatorisk

Brent Abbott ger ÅAC en omfattande affärsutvecklingserfarenhet. Brent var i sin tidigare roll ansvarig för stora kontrakt med CYGNSS, en NASA-konstellation som flyger och OTB-1, världens första helt kommersiella satellittuppdrag. Michael Carey, nuvarande VD, kommer att vara kvar i AAC Microtec North America Inc. som styrelseledamot.

2017-09-04
Regulatory

Brent Abbott brings to ÅAC extensive business development experience and was in his previous role responsible for major contracts with CYGNSS, a NASA constellation now flying, and OTB-1, the world's first completely commercial hosting satellite mission, due for launch next year. Michael Carey, current CEO, will remain in AAC Microtec North America Inc. as a member of the board.

2017-08-24
Regulatorisk

Fortsatt hög intensitet i affärsdiskussionerna. Satellitmarknad i snabb förändring skapar intresse för ÅAC:s kommersiella produkterbjudande

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