AAC Clyde Space AB (AAC.ST, OTCQX: ACCMF) has landed a crucial order for the upcoming EUMETSAT Polar System Sterna (EPS-Sterna) programme, signaling progress in the development of a new weather satellite constellation. The Swedish space technology company will procure essential instrument components with long production times for OHB Sweden, a key contractor in the EPS-Sterna project.
The order, valued at €1.0 million (approximately SEK 11.7 million), covers long lead items for weather instruments intended for the EPS-Sterna constellation. These components are expected to be delivered by the end of 2025.
EPS-Sterna, while still pending full approval from EUMETSAT member states, aims to enhance global and regional weather forecasts significantly. The programme builds upon the success of the Arctic Weather Satellite, launched in August 2024, which serves as a prototype for the planned constellation.
Luis Gomes, CEO of AAC Clyde Space, commented on the order: “This marks an important step forward and is a testament to the trust we have earned through the successful delivery of high-quality solutions, including the Arctic Weather Satellite instrument”.
The EPS-Sterna programme envisions a constellation of small satellites designed to complement existing meteorological satellites and improve the accuracy of global Numerical Weather Prediction models. The mission is expected to provide more frequent microwave observations, particularly beneficial for nowcasting applications in high latitudes.
EUMETSAT has outlined an ambitious timeline for the project, with mission approval anticipated in mid-2025. The initial constellation of six satellites is slated for launch in early 2029, with a total of 20 satellites planned to ensure continuous operations until 2042.
AAC Clyde Space’s subsidiary, AAC Omnisys, developed the microwave sensor for the Arctic Weather Satellite, which measures temperature and humidity at various atmospheric levels. This technology is expected to play a crucial role in the EPS-Sterna constellation.
The space segment of the EPS-Sterna system will be developed in cooperation with the European Space Agency (ESA), acting as a procurement agency for EUMETSAT. OHB Sweden will serve as the prime contractor for the space segment, platform provider, and system integrator, with AAC Clyde Space as the instrument prime.
This order positions AAC Clyde Space for potentially larger contracts as the EPS-Sterna programme progresses. The company’s involvement in this cutting-edge meteorological project underscores its growing role in the small satellite and space services sector.
Investors were advised that while this initial order is relatively small, it could lead to more significant opportunities for AAC Clyde Space as the EPS-Sterna constellation moves forward.