AAC Clyde Space part of Moon mission launched today

2024-02-15 AAC Clyde Space AB (publ)

Intuitive Machines' Nova-C spacecraft launched today on a SpaceX Falcon 9 rocket from Cape Canaveral, carrying AAC Clyde Space's Starbuck power systems.

The Starbuck power systems used in the mission are AAC Clyde Space's most powerful and efficient power solutions. They are designed to be highly reliable with a modular design that can be adapted for an array of different applications stretching from lunar exploration and deep space scientific missions to commercial constellation applications.

"We are excited to be part of this new era of lunar exploration, paving the way for a sustainable human presence on the Moon by the end of the decade. We are delighted that Intuitive Machines shares our trust in the Starbuck power system, developed for the needs of small spacecraft," says AAC Clyde Space CEO Luis Gomes.

Power Systems perform a number of vital tasks on spacecraft, such as maximizing power from solar panels, converting it to useful voltages to power electronics and charge batteries, and distributing power to all systems as needed.

Based in the United States, Intuitive Machines created an entire lunar program, including the company's Nova-C lunar lander. The IM-1 mission is Intuitive Machines' first mission as part of NASA's Commercial Lunar Payload Services (CLPS) initiative, which calls for American companies to deliver science and technology to the lunar surface as part of the agency's Artemis campaign.

"Incorporating AAC Clyde Space's power system into our IM-1 mission Nova-C class lunar lander is not just a choice; it's a strategic imperative," said Intuitive Machines President and CEO Steve Altemus. "The Starbuck power system is an essential component powering Nova-C, and our aspirations to open access to the Moon for the progress of humanity."

To find out more about the mission, visit the link: https://www.aac-clyde.space/case-studies/swedens-aac-clyde-space-solutions-rocket-to-the-moon

FOR MORE INFORMATION:
Please visit: www.aac-clyde.space or contact:
CEO Luis Gomes, investor@aac-clydespace.com
CFO Mats Thideman, investor@aac-clydespace.com, mobile +46 70 556 09 73

ABOUT AAC CLYDE SPACE
AAC Clyde Space specialises in small satellite technologies and services that enable businesses, governments and educational organisations to access high-quality, timely data from space. Its growing capabilities bring together three divisions:

Space Data as a Service - delivering data from space directly to customers
Space missions - turnkey solutions that empower customers to streamline their space missions
Space products and components - a full range of off-the-shelf and tailor-made subsystems, components and sensors

AAC Clyde Space aims, in our chosen markets, to become a world leader in commercial small satellites and services from space, applying advances in its technology to tackle global challenges and improve our life on Earth.

The Group's main operations are located in Sweden, the United Kingdom, the Netherlands, South Africa and the USA, with partner networks in Japan and South Korea.

AAC Clyde Space's shares are traded on Nasdaq First North Premier Growth Market. The Company's Certified Adviser is Carnegie Investment Bank AB (publ). The share is also traded on the US OTCQX-market under the symbol ACCMF.

Datum 2024-02-15, kl 10:50
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