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.

2018-01-22
Regulatorisk

Teckning har skett av 7 000 stamaktier i ÅAC Microtec med stöd av teckningsoptionsprogrammet TO 2015/2020 riktat till personal och vissa styrelseledamöter. Aktiekapitalet ökar därmed med 280 SEK. Efter registreringen av de nya aktierna uppgår antalet utestående aktier till 31 716 850 och aktiekapitalet till 1 268 674 SEK.

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.

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