AAC Clyde Space wins SEK 13.4 M Starbuck order

2023-11-24 AAC Clyde Space AB (publ)

AAC Clyde Space has won a EUR 1.14 million (approx. SEK 13.4 million) order on Starbuck power systems. The order, which comes from an existing customer, is scheduled for final delivery in the first quarter of 2025.

The Starbuck power system is a PCDU (Power Conditioning and Distribution Unit) system developed for small satellites.  These power systems have demonstrated impressive capabilities in space, gaining a market reputation for reliability, resiliency and performance. With a modular design, the solutions can be utilised and adapted for an array of different applications stretching from lunar exploratory and deep space scientific missions to military and commercial constellation applications.

"Apart from their inherent characteristics, our customers also appreciate that the systems are readily available and have an unparalleled flight heritage", says AAC Clyde Space CEO Luis Gomes.

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 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. Erik Penser Bank AB is the Certified Adviser. The share is also traded on the US OTCQX-market under the symbol ACCMF.

Datum 2023-11-24, kl 10:05
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