Tillkännagivande • May 16
AAC Clyde Space AB (publ) to Report Fiscal Year 2026 Results on Feb 18, 2027 AAC Clyde Space AB (publ) announced that they will report fiscal year 2026 results on Feb 18, 2027 Tillkännagivande • Apr 17
AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2026 AAC Clyde Space AB (publ), Annual General Meeting, May 19, 2026, at 16:00 W. Europe Standard Time. Location: company`s premises at dag hammarskjolds vag 48, uppsala Sweden Tillkännagivande • Jan 14
AAC Clyde Space AB (publ) Announces Approval for EPS-Sterna AAC Clyde Space AB (publ) announced the decision by the EUMETSAT Council to give the green light to the EUMETSAT Polar System--Sterna (EPS - Sterna). As announced by EUMETSAT, the programme has now secured the backing of 29 of EUMETSAT's 30 Member States and is confirmed as a mandatory mission. As a result, all programme activities are authorised to start. With the programme now approved, development activities will proceed in line with EUMETSAT's established framework. ESA will act as procurement agency for the space segment on behalf of EUMETSAT. Industry suppliers, including AAC Clyde Space, participate through ESA-led procurement processes following established procedures. The core instrument in the EPS-Sterna constellation is the advanced microwave radiometer developed by AAC Clyde Space's subsidiary AAC Omnisys in Gothenburg and first flown on the Arctic Weather Satellite (AWS) mission. ESA and European meteorological institutions have confirmed the instrument's strong performance, including the novel 325 GHz channel, which enables measurements through cloud, rain and snow. In February 2025, AAC Clyde Space announced an order from prime contractor OHB Sweden to procure long lead-time instrument components for the EPS-Sterna programme as part of early programme preparations. Tillkännagivande • May 15
AAC Clyde Space AB (publ) to Report Fiscal Year 2025 Results on Feb 19, 2026 AAC Clyde Space AB (publ) announced that they will report fiscal year 2025 results on Feb 19, 2026 Tillkännagivande • Apr 11
AAC Clyde Space AB (publ), Annual General Meeting, May 22, 2025 AAC Clyde Space AB (publ), Annual General Meeting, May 22, 2025, at 17:00 W. Europe Standard Time. Location: at clarion hotel gillet, dragarbrunnsgatan 23, uppsala Sweden Tillkännagivande • Oct 28
AAC Clyde Space AB (publ) Appoints Håkan Tribell as Head of Communications for Investor Relations and Public Affairs, Effective January 7, 2025 AAC Clyde Space AB (publ) has recruited communications expert Håkan Tribell to the newly created position as Head of Communications for Investor Relations and Public Affairs. Håkan brings extensive experience in communications and public affairs within both the business sector and politics. He previously worked at the Stockholm Chamber of Commerce, served as Director of Ideas at the think tank Timbro, and has also been a speechwriter for Ulf Kristersson, the current Prime Minister of Sweden. Håkan Tribell will assume his new role on January 7, 2025, and will primarily be based at the Uppsala office in Sweden. Tillkännagivande • Oct 02
AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Spacemetric Ab. AAC Clyde Space AB (publ) (OM:AAC) entered into a sale share and purchase agreement to acquire 100% stake in Spacemetric Ab for SEK 25 million on July 3, 2024. A cash consideration of SEK 8 million will be paid by AAC Clyde Space AB (publ). The consideration consists of common equity of AAC Clyde Space AB (publ) having a value of SEK 8 million to be issued for common equity of Spacemetric Ab. AAC Clyde Space AB (publ) will pay an earnout/contingent payment of SEK 4 million cash and of SEK 5 million in warrants which entitles to subscribe for shares in AAC Clyde Space. The earn-out payment of approximately SEK 9 million is conditional upon the achievement of certain earn-out milestones based on inter alia Spacemetric’s revenue for the financial years 2024-2026. Out of the SEK 9 million approximately SEK 4 million will be paid in cash and approximately SEK 5 million will be paid by issuance of warrants in AAC Clyde Space, which can be exercised for subscription of 106,800 shares in AAC Clyde Space. The exercise price of the warrants for subscription of shares shall correspond to the quotient value of the Company’s shares. The total consideration is SEK 25 million. The purchase price is subject to a post closing adjustment, pursuant to which the cash consideration shall be adjusted. The consideration shares shall be subject to lock-up undertakings for a period ranging from 360-810 days following the first day of trading of the shares and the earn-out shares, which can be subscribed for by exercising the warrants, shall be subject to lock-up undertakings for a period of 360 days following the first day of trading of such shares. For the financial year 2023, Spacemetric reported a turnover of SEK 14.3 million and had a positive net result amounting to approximately SEK 0.817 million and is well positioned for further growth. In connection with closing, the board of directors in AAC Clyde Space will, with support from the authorization granted at the annual general meeting held on May 23, 2024, resolve to issue 188,000 shares and 106,800 warrants to the current shareholders in Spacemetric, entailing a total increase of AAC Clyde Space’s share capital with SEK 589,600 provided that all earn-out milestones are fulfilled and that the warrants are exercised for subscription of shares. Closing of the transaction is subject to customary conditions as well as approval under the Swedish Protective Security Act and is expected to take place during the third quarter of 2024.
PricewaterhouseCoopers AB, Investment Banking Arm acted as financial advisor to AAC Clyde Space AB. Setterwalls Advokatbyrå Ab acted as legal advisor to AAC Clyde Space AB.
AAC Clyde Space AB (publ) (OM:AAC) completed the acquisition of Spacemetric Ab on October 1, 2024. Tillkännagivande • Apr 24
AAC Clyde Space AB (publ), Annual General Meeting, May 23, 2024 AAC Clyde Space AB (publ), Annual General Meeting, May 23, 2024, at 13:00 Central European Standard Time. Location: Company's premises on Dag Hammarskjölds väg 48 in Uppsala, Uppsala Sweden Agenda: To consider . Election of chairman of the meeting; Preparation and approval of the voting list; Approval of the agenda; Election of one (1) or two (2) persons who shall approve the minutes of the meeting; Determination of whether the meeting has been duly convened; Submission of the annual report and the auditors' report and the consolidated financial statements and the auditors' report on the group; Resolution in respect of adoption of the profit and loss statement and the balance sheet and, where applicable, the consolidated profit and loss statement and the consolidated balance sheet; and to discuss other matters. Tillkännagivande • Jan 30
AAC Clyde Space Announces Resignation of Anita Bernie from the Board of Directors AAC Clyde Space announced that Anita Bernie steps down from AAC Clyde Space's Board of Directors due to conflicting assignments which limit her Board Director role. Anita Bernie has been a Board Director since 2019. The Board of Directors consists thereafter of five Board Members. Tillkännagivande • Jan 24
AAC Clyde Space AB (publ) Successfully Transforms Data from a Compact Laser Communication Terminal, Called SmallCAT, Onboard A Space Space AAC Clyde Space AB (publ) have successfully transferred data from a compact laser satellite communications terminal, called SmallCAT, onboard a spacecraft in Low Earth Orbit (LEO) to Earth, thereby demonstrating that the laser satellite communication technology works under spaceflight conditions. AAC has contributed electronics and firmware to the laser communication terminal. The satellite communication terminal is developed by a TNO-led consortium with AAC Hyperion, the AAC Group's subsidiary in the Netherlands specialised in optical communications, for the onboard electronics, drivers as well as software, and Gooch & Housego for the laser transmitter. The development was financed by the Netherlands Space Office (NSO) through the ESA ARTES ScyLight Programme program and the Dutch Ministry of Defense's innovation budget. TNO also contributed in co-funding this program. The project also includes delivery of AAC Hyperion's gigabit detector the GD200 for the optical ground station in the Netherlands which successfully detected signal from the terminal which is carried by the Norwegian NORSAT-TD satellite launched in April 2023. A commercial version of the laser communication terminal, CubeCAT, is being commercialised by AAC Hyperion with its Dutch partner FSO Instruments. Measuring 10 x 10 x 10 cm and weighing 1.3 kg, the terminal is ideally suited for use on nano satellites. As commercial and government data demands continue to grow, the need for high-quality, timely data from space is growing rapidly. Laser communication technologies are being increasingly used to send data generated on satellites directly to earth, as an alternative to traditional radio-frequency communication. By transmitting through the infra-red wavelength band, the limitations of standard radio frequency communication technologies are avoided, thereby increasing transmission capabilities of satellites by factors of 10 to 100. Moreover, laser communication links are seen as more secure and laser communication systems have the potential of lower size, weight, and power, which is important in the space domain. Tillkännagivande • Jan 12
AAC Clyde Space Announces Resignation of Stefania Mandirola as Chief Operating Officer AAC Clyde Space announced that its Chief Operating Officer Stefania Mandirola has stepped down from her role to explore new professional opportunities. The Group has decided not to seek an immediate replacement for the position. Tillkännagivande • Sep 16
AAC Clyde Space AB (publ) Secures ESA Funding for Wind Farm Data Service AAC Clyde Space AB (publ) and its partners have been granted EUR 0.85 million (approx. SEK 10.1 million) from the European Space Agency's Business Applications and Space Solutions (ESA BASS) programme to develop a service for the planning of construction and maintenance of offshore wind farms. The service will leverage weather data and AIS data collected by the Group's own satellites to enhance the efficiency among wind farm operators. Target customers for the planned product offering are service vessel and wind farm operators. Developing the software-based service is expected to take 24 months and will be carried out in collaboration with Scottish Power Renewables who has assumed the role of pilot end user. The service will become part of the Group's Space Data as a Service offering, extending the value chain even closer to end-customers. Tillkännagivande • May 27
AAC Clyde Space AB (publ) Approves the Appointment of Dino Lorenzini as Ordinary Board Member AAC Clyde Space AB (publ) at its AGM held on May 25, 2023, approved the appointment of Dino Lorenzini as ordinary board members for the time until the end of next annual general meeting.