Pressmeddelanden

Listing process for AAC Microtec as a consequence of the Clyde Space acquisition

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"). 

As a consequence of this acquisition, AAC will execute a new listing process. The reason for this is that Nasdaq finds that the acquisition of Clyde Space entails a material change of AAC's operations, ownership structure and capital structure. As part of the listing process, that will involve a customary review by Nasdaq to secure that the Company meets the listing criteria, the Company will, among other things, develop an updated company description. AAC expects to complete the listing process well in advance of the extraordinary general meeting 29th January 2018.

22nd December 2017

Further information

For further information, please contact:
Mr. Rolf Hallencreutz, Chairman of ÅAC Microtec AB at rolf.hallencreutz@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 12:30 CET on 22 December, 2017.

About AAC

AAC provides high value space solutions and systems for commercial, governmental and educational customers on the global market through its direct sales and marketing with representation in Europe and the USA as well as a partner network in Japan and South Korea.

The company has a rare ability to produce advanced satellite platforms, sub-systems and components with robust electronics at a competitive price. AAC has a strong competitive advantage in that it operates with ITAR-free products in the high-end segment of the small satellite market. The products are flight-proven and has strong heritage.

Today, AAC supplies a wide range of end-users with state-of-the-art microelectronics systems plus technology services and support. Customers include the European Space Agency (ESA), NASA, the US Air Force Research Laboratories (AFRL), JAXA, the Swedish National Space Board (SNSB) and Swedish Defence Materiel Administration (FMV), as well as leading industrial groups now using our aerospace compliant devices in innovative products and applications.

AAC is a publicly listed company on Nasdaq First North in Sweden. Major owners include Swedish Government-backed VC-firm Fouriertransform, RP Ventures, and other institutional investors.

2018-05-23
Regulatorisk

ÅAC Microtec AB I tillägg till den tidigare kommunicerade uppskattningen av omsättningen om 85 MSEK för 2018 räknar ÅAC Microtec med att ett positivt EBITDA-resultat uppnås under fjärde kvartalet 2018.

2018-05-23
Regulatory
ÅAC Microtec AB In addition to the previously announced estimate of total turnover of MSEK for 2018, ÅAC Microtec expects a positive EBITDA result during the fourth quarter of 2018.
2018-05-08
Regulatorisk

ÅAC Microtec AB ÅAC vinner uppföljningsorder från en japansk kund, den första ordern publicerades i november 2017. Det totala ordervärdet är cirka 2,5 MSEK och förväntas levereras i två omgångar, under andra respektive fjärde kvartalet 2018.

2018-05-08
Regulatory

ÅAC wins follow-on order from a Japanese customer, the first order was press released in November 2017. The total order value is approximately 2.5 MSEK and is expected to be delivered in two batches, during Q2 and Q4 2018.

2018-05-07
Regulatorisk

ÅAC Microtec AB ÅAC har vunnit en order från Aistech Space i Spanien avseende delsystem till 10 av Aistechs nästa generation av satelliter. Ordervärdet är cirka 5,6 MSEK, leveranser startar under tredje kvartalet 2018.

2018-05-07
Regulatory

ÅAC Microtec AB ÅAC has received an order from Aistech Space in Spain to supply spacecraft subsystems to ten of Aistech's next generation of satellites. The total order is worth approximately 5.6 MSEK, deliveries starts in Q3 2018.

2018-05-03
Regulatorisk

Småsatellitleverantören ÅAC Microtec uppskattar att omsättningen för 2018 kommer att uppgå till omkring 85 MSEK. I uppskattningen ingår Clyde Space under 11 månader.

2018-05-03
Regulatory

The small satellite supplier ÅAC Microtec expects that the total turnover 2018 will be approx. 85 MSEK. The estimate includes Clyde Space during 11 months.

2018-04-25
Regulatorisk

Aktieägarna i ÅAC Microtec AB, org. nr 556677-0599, kallas härmed till årsstämma torsdagen den 24 maj 2018 klockan 13.00 i lokaler på Hotel Villa Anna, Odinslund 3, 753 10 Uppsala.

2018-04-12
Regulatorisk

ÅAC har utökat affärsrelationen med York Space Systems genom en order för att leverera batterier till Yorks S-CLASS satellitplattform. Leveransen inkluderar tekniskt stöd och leverans av ett batterisubsystem. Den första ordern, som har ett begränsat värde, är av strategisk betydelse eftersom detta är ytterligare ett delsystem till S-CLASS satelliten.

2018-04-12
Regulatory

ÅAC has extended business activities with York Space Systems to include the supply of the batteries for their S-CLASS satellite platform. The delivery includes engineering support and delivery of one battery sub- system. The initial procurement, with a limited value, is of strategic importance as this is yet another subsystem for York's S-CLASS platform with potential for follow on orders for subsequent missions.

2018-02-21
Regulatorisk

Fjärde kvartalet 2017

  • Nettoomsättningen uppgick till 2,2 (4,7) MSEK. Större delen av intäkterna är från utvecklingsprojekt. Intäkter från licens och produktförsäljning kommer att realiseras under första kvartalet 2018
  • Rörelseresultatet uppgick till -9,1 (-12,2) MSEK
  • Resultat per aktie före och efter utspädning uppgick till -0,29 (-0,82) SEK
  • ÅAC vinner kommersiella order på Sirius-produkter
  • Mats Thideman utses till vice Verkställande Direktör
  • ÅAC vinner prestigefulla order från Airbus UK
  • ÅAC vinner order från York om 8,6 MSEK
2018-02-16
Regulatorisk

ÅAC Microtec AB ÅAC har genom dotterbolaget Clyde Space vunnit ett driftavtal från det amerikanska bolaget LCF Enterprises. Avtalet är en utökning av en tidigare order på en 3U-satellit. Det totala ordervärdet för satellit- och driftavtalet är cirka 2,6 MSEK, varav cirka 0,8 MSEK beräknas faktureras under 2018.

2018-02-16
Regulatory

ÅAC Microtec AB ÅAC through its Clyde Space subsidiary has won an operations contract from American company LCF Enterprises, a follow-on order from their primary 3U satellite purchase. The total order value for the satellite and the operations contract is approximately 2.6 MSEK of which about 0.8 MSEK is expected to be invoiced during 2018.

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