Pressmeddelanden

Brent Abbott appointed new CEO for AAC Microtec North America

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.

Prior to joining AAC Microtec, Abbott served as Director of Business Development for Surrey Satellite Systems US. He was responsible for bringing in the company's first major contracts - CYGNSS (The Cyclone Global Navigation Satellite System), a NASA constellation now flying, and OTB-1, the world's first completely commercial hosting satellite mission carrying payloads for a variety of commercial, government, and academic organizations, due for launch next year. Brent was also instrumental in landing the Formosat-7/COSMIC-2 constellation program for Surrey UK. Prior to joining Surrey in 2008, Abbott served as business development manager at Honeywell Defense & Space for 17 years responsible for satellite subsystems sales. His background also includes work as an engineer at Honeywell Commercial Aviation. Brent has a Bachelor of Science degree in electrical engineering from Iowa State University.

- We welcome Brent Abbott as CEO of AAC Microtec North America, says Michael Carey, CEO AAC Microtec North America Inc. He is exactly the right person with the right skills to further develop the US market. I look forward to working with Brent and supporting his initiatives.

- My experience of bringing new products to the US market solidly bolsters ÅAC's expansion plans - we're a very good fit, said Brent Abbott. I see that ÅAC's products are well placed for the expanding small satellite market, and I look forward to elevating us to the next level in North America.

- I am excited to welcome Brent to the ÅAC team. This is another important step to establish ÅAC Microtec as a leading commercial satellite company, concludes Mats Thideman, acting CEO and CFO ÅAC Microtec AB

Brent will commence his work with ÅAC Microtec on 6 September 2017.

2017-09-04

FOR MORE INFORMATION:
Please visit: www.aacmicrotec.com or contact:

Acting CEO and CFO Mats Thideman, mats.thideman@aacmicrotec.com, +46 70 556 09 73
Chairman of the board Rolf Hallencreutz, rolf.hallencreutz@aacmicrotec.com , +46 70 964 21 60

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 4 September, 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.

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

2017-08-23
Regulatorisk

ÅAC Microtec AB ÅAC Microtec utser Alfonso Barreiro, en erfaren auktoritet inom rymdsektorn, som ny VD.

2017-08-23
Regulatory

ÅAC Microtec AB ÅAC Microtec appoints Alfonso Barreiro, a seasoned space sector professional, as its new CEO.

2017-08-16
Regulatorisk

ÅAC Microtec AB ÅAC Microtec AB (publ) får 1,4 MSEK från Rymdstyrelsen för vidareutveckling av den patentsökta Bluestone teknologin.

2017-08-16
Regulatory

ÅAC Microtec AB ÅAC Microtec AB (publ.) receives 1.4 million SEK from the Swedish National Space Board to continue development of the patent pending Bluestone technology.

2017-07-31

ÅAC Microtec AB ÅAC Microtec AB (publ) och Bright Ascension Ltd lanserar ett gemensamt produkterbjudande för satellitintegratörer.

2017-07-31

ÅAC Microtec AB (publ) and Bright Ascension Ltd launch a joint product offering for satellite integrators.

2017-05-24

Vid årsstämma i ÅAC Microtec AB (publ) ("ÅAC") den 24 maj 2017 fattades i huvudsak följande beslut:

2017-05-24
Regulatorisk

Första kvartalet 2017

  • Nettoomsättningen uppgick till 3,8 (7,9) MSEK. Omsättningen föregående period inkluderar en engångseffekt i den successiva vinstavräkningen på + 2,5 MSEK till följd av en utökad order i ett pågående projekt
  • Rörelseresultatet uppgick till -5,4 (-3,2) MSEK
  • Resultat per aktie före utspädning uppgick till -0,17 (-0,50) SEK
  • ÅAC Microtec lanserade sin största produktsatsning hittills med Sirius, den nya produktserien för småsatelliter
  • ÅAC Microtec startade dotterbolag i England och anställer försäljningschef för den europeiska marknaden
  • VD slutade och CFO utsågs till tillförordnad VD
  • ÅAC Microtecs amerikanska partner York annonserade nytt samarbetsavtal, där ÅAC ingår
  • ÅAC Microtec fick uppdrag av Rymdstyrelsen att utveckla av nästa generations datahanteringssystem
2017-05-23
Regulatorisk

ÅAC Microtec AB (publ) och Bright Ascension Ltd har idag ingått ett föravtal som möjliggör ett gemensamt erbjudande till småsatellitmarknaden

2017-05-23
Regulatory

ÅAC Microtec AB ÅAC Microtec AB (publ) and Bright Ascension Ltd have today entered into an Interim Agreement that facilitates the joint offering of products for spacecraft avionics.

2017-04-28

Teckning har skett av 14 000 stamaktier i ÅAC Microtec med stöd av teckningsoptionsprogrammet TO 2015/2020 riktat till personal och vissa styrelseledamöter. Aktiekapitalet ökar därmed med 560 SEK. Efter registreringen av de nya aktierna uppgår antalet utestående aktier till 31 709 850 och aktiekapitalet till 1 268 394 SEK .

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