Pressmeddelanden

ÅAC Microtec to deliver Enhanced AIS Data Exclusively to ORBCOMM

ÅAC Microtec AB ÅAC Microtec AB's subsidiary, Clyde Space, today announced that it has partnered with ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, to provide two next-generation Automatic Identification System (AIS) microsatellites that will enhance ORBCOMM's industry-leading satellite AIS service offering.

As part of the project, Clyde Space will build and launch two AIS-enabled CubeSats, each hosting three dedicated AIS receivers, including a highly versatile Software Defined Radio (SDR)-based receiver. The AIS CubeSats weigh just 4 kg and feature an antenna concept to maximize AIS detections of all message types. In addition, ORBCOMM has an exclusive license for the low-latency AIS data provided by Clyde Space, enabling ORBCOMM to deliver a greater level of service over the long term to its global customers, which include cargo companies and maritime security agencies. The two spacecraft will be launched into Low-Earth Orbit, expected in 2020 on two separate missions.

This project, which represents a total value of approximately 54 million SEK ($5.9 million USD) over five years, will leverage a space-as-a-service model in which Clyde Space owns and operates the satellites to deliver AIS data exclusively to ORBCOMM and its customers. This model will become the foundation of ÅAC Microtec's strategy to make access to other space data easier and more cost-effective for existing and future customers.

"This project with ORBCOMM represents a major milestone for ÅAC Microtec and Clyde Space, not only because it is a collaboration with an established, leading data services company, but also because of our strategic move to a satellite service model," said Rolf Hallencreutz, Chairman of ÅAC Microtec. "These satellites demonstrate the maturity and performance of our CubeSat technology, which now supports hundreds of successful space missions. We look forward to working closely with ORBCOMM to deliver this service and thank them for choosing Clyde Space for this exciting next step in their AIS business."

"We are pleased to partner with ÅAC Microtec and Clyde Space to enhance our existing AIS service with two state-of-the-art, next-generation satellites as we continue to provide our customers around the world with the best service offering for AIS data," said John Stolte, ORBCOMM's Executive Vice President of Technology & Operations. "ORBCOMM's customers will benefit from more comprehensive global coverage, enhanced performance as well as the highest expected vessel detection rates in the industry over the long term."

ORBCOMM's AIS data service provides comprehensive and reliable global coverage, including over open oceans, processing over 30 million messages from well over 200,000 unique vessels per day for government and commercial customers worldwide. ORBCOMM's satellite AIS service supports many applications including maritime domain awareness, search and rescue, environmental monitoring and maritime intelligence.

2019-04-09

FOR MORE INFORMATION:
Please visit: www.aacmicrotec.com and www.clyde.space or contact:
Acting CEO Mats Thideman, 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 16:00 on 9 April, 2019.

ABOUT ORBCOMM Inc.
ORBCOMM Inc., (Nasdaq: ORBC) is a global leader and innovator in the industrial Internet of Things (IoT), providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources and government. For more information, please visit www.orbcomm.com.

ABOUT ÅAC MICROTEC AB
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. 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, e-mail ca@gwkapital.se, phone +46 8 503 000 50, is the Certified Adviser.

2019-04-18
Regulatorisk

Aktieägarna i ÅAC Microtec AB (publ), org.nr 556677-0599, kallas härmed till årsstämma torsdagen den 23 maj 2019 klockan 13.00 i lokaler på Hotel Villa Anna, Odinslund 3, 753 10 Uppsala. Inregistrering till stämman börjar klockan 12.30.

2019-04-18
Regulatory

The shareholders in ÅAC Microtec AB (publ), reg. no. 556677-0599, are hereby given notice to attend the annual general meeting at 13:00 p.m. on Thursday 23 May 2019 at Hotel Villa Anna, Odinslund 3, 753 10 Uppsala, Sweden. Registration for the meeting commences at 12:30 p.m.

2019-04-18
Regulatorisk

Aktieägarna i ÅAC Microtec AB (publ), org.nr 556677-0599, kallas härmed till extra bolagsstämma onsdagen den 8 maj 2019 klockan 13:00 i lokaler på Clarion Hotel Gillet, Dragarbrunnsgatan 23, 753 20 Uppsala. Inregistrering till stämman börjar klockan 12.30.

2019-04-18
Regulatory

The shareholders in ÅAC Microtec AB (publ), reg. no. 556677-0599, are hereby given notice to attend the extraordinary general meeting at 13:00 p.m. on Wednesday 8 May 2019 at Clarion Hotel Gillet, Dragarbrunnsgatan 23, 753 20 Uppsala, Sweden. Registration for the meeting commences at 12:30 p.m.

2019-04-18
Regulatorisk

Styrelsen i ÅAC Microtec AB ("ÅAC" eller "Bolaget") föreslår att genomföra en nyemission av aktier med företrädesrätt för Bolagets befintliga aktieägare ("Företrädesemissionen"). Styrelsens förslag kommer behandlas vid extra bolagsstämma den 8 maj 2019. Enligt förslaget kommer ÅAC, vid full teckning, att tillföras 82,5 MSEK genom emission av 27 487 931 aktier. Med anledning av Företrädesemissionen tidigareläggs Bolagets delårsrapport för räkenskapsårets första kvartal till den 8 maj 2019.

2019-04-18
Regulatory

The Board of Directors of ÅAC Microtec AB ("ÅAC" or "the Company") proposes to launch a rights issue with pre-emptive right for the Company's current shareholders ("the Rights Issue"). The Board's proposal will be processed at the Extraordinary General Meeting on 8 May 2019. According to the proposal, ÅAC will, at full subscription, raise SEK 82,5M through the issue of 27 487 931 shares. Due to the Rights Issue, the Company will advance the date for the Company's interim report for the first quarter to 8 May 2019.

2019-04-17

Delsystem från rymdteknikbolaget ÅAC Microtec ombord de japanska rymdmissionerna RISESAT och ALE-1 har framgångsrikt tagits i drift i omloppsbana. Rymdfarkosterna placerades i låg omloppsbana (LEO) den 18 januari 2019 från den japanska Epsilon-4-raketen som sköts upp från Uchinoura Space Center i sydvästra Japan. Kontakt har nu etablerats med RISESAT och ALE-1, som båda fungerar som planerat.

2019-04-17

Subsystems supplied by space technology experts, ÅAC Microtec, for the Japanese missions RISESAT and ALE-1 have been successfully deployed in orbit. The spacecraft were integrated on the Japanese Epsilon-4 launcher and successfully deployed on Low Earth Orbit on January 18, 2019 from the Uchinoura Space Center in southwestern Japan. Contact has now been established with RISESAT and ALE-1 and both are performing as planned.

2019-04-09
Regulatorisk

ÅAC Microtec AB ÅAC Microtec AB:s dotterbolag, Clyde Space har idag ingått avtal med ORBCOMM Inc. (Nasdaq: ORBC), ett machine-to-machine och IoT-företag, att via två nästa generations "Automatic Identification Systems" (AIS) satelliter förbättra ORBCOMM:s branschledande AIS-erbjudande.

2019-04-09
Regulatory

ÅAC Microtec AB ÅAC Microtec AB's subsidiary, Clyde Space, today announced that it has partnered with ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, to provide two next-generation Automatic Identification System (AIS) microsatellites that will enhance ORBCOMM's industry-leading satellite AIS service offering.

2019-03-26
Regulatorisk

ÅAC Microtec har utsett Luis Gomes till ny VD. Luis Gomes har 25 års erfarenhet från rymdindustrin, och är specialiserad på småsatellitområdet. Han kommer närmast från brittiska SSTL där han senast varit CTO och Executive Director med ansvar för att definiera och genomföra både tekniska och kommersiella strategier.

2019-03-26
Regulatory

ÅAC Microtec AB has appointed Luis Gomes new CEO. Luis Gomes has 25 years of experience in the space industry, specializing in the field of small satellites. He joins ÅAC from UK's SSTL where he most recently held the position of CTO and Executive Director with responsibility for defining and implementing both technical and commercial strategies.

2019-03-25
Regulatorisk

Rymdbolaget ÅAC Microtec meddelar idag att Nasdaq har godkänt bolagets ansökan om att flytta upp handeln i aktien till First North Premier från Nasdaq First North. Övergången är ett viktigt steg mot målet att noteras på börsens huvudlista. Handeln med ÅAC:s aktie på Nasdaq First North Premier inleds onsdagen 27 mars 2019.

2019-03-25
Regulatory

The space company ÅAC Microtec announced today that Nasdaq has approved the company's application to transfer trading in its shares to First North Premier from Nasdaq First North. The transition is an important step towards the goal of listing the shares on the main list of the stock market. ÅAC's shares will start trading on Nasdaq First North Premier on Wednesday 27 March 2019.

2019-03-25
Regulatorisk

ÅAC Microtec ABs dotterbolag, Clyde Space, har fått i uppdrag av Satellite Applications Catapult i Storbritannien att uppgradera en befintlig order för missionen IOD-3 från en 3U-satellit till en 6U-satellit. Ordervärdet uppgår till 0.2 MGBP (cirka 2,5 MSEK).

2019-03-25
Regulatory

ÅAC Microtec AB's subsidiary, Clyde Space, has signed a contract with the UK's Satellite Applications Catapult to upgrade an existing order for the IOD Program from an 3U CubeSat to an enhanced 6U CubeSat. The contract value is 0.2 MGBP (approx. 2.5 MSEK).

2019-03-19

ÅAC Microtec AB ska utveckla mjukvara för Institutet för rymdfysiks instrument på European Space Agencys (ESA) mission till Jupiter JUICE för 2,1 MSEK. Instrumentet ska bidra till missionens övergripande mål, att ta reda på om det finns förutsättningar för liv under ytan på Jupiters månars frusna hav.

2019-03-19

ÅAC Microtec AB has been awarded a 2.1 MSEK software development contract from the Swedish Institute of Space Physics for an instrument that will be part of the European Space Agency's (ESA) Jupiter mission, JUICE. The instrument will assist in the mission's overall goal, to find out if there are conditions for life in under the surface of Jupiter's moons.

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