UPPSALA, Sweden (AAC Clyde Space PR) — AAC Clyde Space (“AAC”) has reached an agreement to acquire 100 % of the shares in Hyperion Technologies BV, in a shares and cash deal. The current owners of Hyperion Technologies will receive 7,755,000 new shares in AAC, equivalent to approximately 21.7 MSEK [$2.47 million] calculated at 2.80 SEK per share and 0.1 MEUR (approx. 1.1 MSEK) [$130,000] in cash, subject to approval by the AAC EGM.
Commenting on the announcement AAC CEO Luis Gomes stated,“It is great to see the Hyperion team join the AAC Clyde Space family bringing together two great Newspace companies. With this acquisition we will further extend our product offering and will access some key technologies, adding substantial capability to our missions. I look forward to work with our new colleagues in Delft as we continue to change the economics of accessing services from space”.
The contract covers InOrbit NOW Launch Service for two AAC Clyde Space’s 6U CubeSats built for the Eutelsat LEO for Objects (ELO) Constellation
FINO MORNASCO, Italy, October 8, 2020 (D-Orbit PR) — Italian in-orbit transportation company D-Orbit has announced a launch service agreement with Swedish-British small satellite manufacturer AAC Clyde Space. The contract covers launch and deployment of two Eutelsat LEO for Objects (ELO) 6U CubeSats in 2021 developed and built by AAC Clyde Space.
Eutelsat’s ELO is a constellation that aims at providing global Internet of things (IoT) coverage from low Earth orbit to support sectors like transport, oil and gas, and agriculture. The constellation, in combination with ground infrastructures, will enable companies to gather data from tens of millions of objects, irrespective of their geographic location.
TORONTO, ONTARIO, September 3, 2020 (Kepler Communications PR) – Kepler’s Low Earth Orbit constellation expanded earlier today with the successful launch of its third satellite. This satellite, internally referred to as TARS, was launched onboard the Arianespace Vega SSMS (Small Spacecraft Mission Service) from the Guiana Space Centre at approximately 01:51 UTC, with communication established shortly thereafter.
UPPSALA, Sweden (AAC Clyde Space PR) — AAC Clyde Space AB, Saab AB and ORBCOMM Inc. have today announced the development of the next generation of space based VDES system, marking the beginning of a new era in maritime communications.
AAC Clyde Space AB will receive 17.0 MSEK in total, of which 12.2 MSEK is in the form of a grant from the Swedish Transport Administration, to finance the building, launch and commissioning of the first satellite in the project. This is intended to be the first satellite of a future constellation to provide a VDES service.
GLASGOW (AAC Clyde Space PR) — AAC Clyde Space has been selected to develop a new solar panel for Moog’s new Small Launch Orbital Manoeuvring Vehicle (SL-OMV), a space tug designed to deploy Cubesat constellations and guide small satellites to their final orbit. The order value is 340,000 GBP (approx. 4.0 MSEK) with planned delivery during the first quarter of 2021.
Moog will supply the Small Launch Orbital Manoeuvring Vehicle (SL-OMV) to Lockheed Martin as part of the UK Spaceflight Programme, supported by the UK Space Agency. The lightweight vehicle is a propulsive tug to be used on rockets dedicated to the launch of small satellites.
Glasgow-based AAC Clyde Space will manufacture a new solar panel for space vehicles launched from UK vertical spaceports.
GLASGOW (UK Space Agency PR) — AAC Clyde Space played an integral role in Glasgow’s emergence as a global hub for satellite manufacturing and built the UK Space Agency’s first national satellite, which was launched in 2014. The company’s expertise in space systems will now play a vital role in supporting the UK’s plans to become Europe’s leading small satellite launch destination.
OXFORDSHIRE, England, April 3, 2020 (Orbital Micro Systems PR) – Orbital Micro Systems (OMS), a leader in advanced instrumentation for small satellite missions and analysis-ready earth data intelligence platforms, announced it has selected Glasgow-based AAC Clyde Space to provide a 6U satellite bus for the UK Space Launch Programme (UK-SLP). The mission is planned for early 2021, which will be the first launch from UK soil through the UK-SLP project that is managed by Lockheed Martin.
Under the terms of the contract, OMS and AAC Clyde Space will collaborate to integrate the instrumentation and bus for launch. The companies previously collaborated on the IOD-1 GEMS mission, which successfully deployed the first commercial microwave radiometer in space.