AAC Clyde Space AB (Nasdaq First North Growth Market: AAC, OTCQX: ACCMF) has announced a significant contract valued at approximately SEK 6.6 million (approx. US$603,700) for its Sirius computers, GNSS receivers, and associated services. This order follows a previous contract awarded in September 2024 for power systems, indicating a growing demand for the company’s innovative satellite solutions.
The Sirius series represents AAC Clyde Space’s advanced range of onboard computers designed specifically to meet the command and data handling requirements of small satellites. These systems are standardized, which enhances their reliability and ensures a favorable price-performance ratio along with rapid delivery times. The avionics have been successfully utilized in various missions, demonstrating their effectiveness and robustness in real-world applications.
The GNSS receivers included in this order are crucial components that receive and process signals from navigation satellites, providing accurate positioning, velocity, and timing data. Like the Sirius computers, these receivers have also proven their reliability across multiple missions.
The avionics from this latest contract will be integrated into a planned satellite constellation, although details about the client remain confidential at this stage. AAC Clyde Space anticipates completing the delivery of this order by the third quarter of 2025.
AAC Clyde Space specializes in small satellite technologies and services catering to a diverse clientele that includes businesses, governments, and educational organizations and operates through three main divisions. The divisions include Space Data as a Service (SDaaS) which delivers valuable data directly from space to customers, Space Missions providing turnkey solutions to help clients optimize their space missions, and Space Products and Components offering a comprehensive range of off-the-shelf and custom-designed subsystems, components, and sensors.
The strategic objective of AAC Clyde Space is to establish itself as a global leader in the commercial small satellite sector while leveraging technological advancements to address pressing global challenges.
With operational bases in Sweden, the United Kingdom, the Netherlands, South Africa, and the USA, AAC Clyde Space is positioned to serve an international market. The company also collaborates with partner networks in Japan and South Korea to enhance its global reach.
As the demand for satellite technology continues to rise, driven by applications ranging from Earth observation to communication, AAC Clyde Space is poised to capitalize on these opportunities. The recent order not only underscores the company’s innovative capabilities but also reflects its commitment to delivering high-quality solutions that meet the evolving needs of its clients.
