AAC Clyde Space

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AAC Clyde Space
Industry Private spaceflight
PredecessorÅAC Microtec
Clyde Space
Founded2019;6 years ago (2019)
Headquarters
Uppsala
,
Sweden
Areas served
 Scotland, Sweden, the United States, the Netherlands, and South Africa
Key people
 Mats Thideman (CFO, Deputy CEO)
Andrew Strain (CTO)
Peter Anderson (CCO)
Dino Lorenzini (CSO)
ProductsSatellites, Satellite components, Data
Owner Luis Gomes (CEO)
Website www.aac-clyde.space

AAC Clyde Space is a Private Space company that manufacturers satellites and satellite components for various contractors. The company operates out of Scotland, Sweden, the United States, the Netherlands, and South Africa, with partners in Japan and South Korea. [1]

Contents

History

AAC Clyde Space formed in 2019 as the result of a merger between Scottish firm Clyde Space operating out of Glasgow, and the Swedish firm ÅAC Microtec operating out of Uppsala. Both ÅAC Microtec and Clyde Space where formed in 2005. [1] At the time of the merger, which was funded by investors from Nevis Capital and Coralinn, over 40% of all CubeSats had some components manufactured by Clyde Space. [2] The firm's Uppsala office is the headquarters and main administrative office, while the Glasgow office is the company's main manufacturing hub. [1]

AAC Clyde Space specializes in the construction and operation of small CubeSats, primarily constructing them for clients, and then operating them from their ground stations. [3] In June 2020 AAC Clyde Space was awarded a £2.3 million grant from Scottish Enterprise to continue developing satellite technologies with the grant funding R&D, new equipment acquisitions and the creation of new jobs. [4] In 2021 AAC Clyde Space created a subsidiary, AAC South Africa, based out of Cape Town as the company's center of competence for advanced radio communication. [5] AAC South Africa received its first contract on February 28, 2024 to assemble, integrate, and test two satellites. [6]

On January 27, 2023, AAC Clyde Space was awarded a kr2.6 million from Space Forge to provide space products for a demonstration spacecraft. This was the third order from Space Forge to AAC Clyde Space for this project. [7]

On October 7, 2024, AAC Clyde Space was awarded kr5.8 million for a contract to deliver their Starbuck power systems to an undisclosed client. [8]

On July 9, 2024, it was announced AAC Clyde Space would be partnering with the Scottish government on the Cyclops satellite constellation. The constellation will consist of four 16U CubeSats and will focus on analysis and automating and integrating image data from the Scottish Forestry’s Geospatial Information Systems and operations. [9]

On 22 August, 2024, AAC Clyde Space was awarded kr7.1 million for the delivery of reaction wheels to an undisclosed US Blue Chip firm. [10]

Products

Missions

Contracted

Satellites that AAC Clyde Space developed for clients include: [14]

Independent

Satellites that AAC Clyde Space developed on their own behalf include: [14]

In development

Satellites that AAC Clyde Space are currently developing include: [14]

Cancelled

Satellites that AAC Clyde Space worked on that where ultimately cancelled include: [14]

Mergers and acquisitions

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References

  1. 1 2 3 "Who we are". aac-clyde.space. Retrieved 12 November 2024.
  2. ↑ "Arrowpoint Advisory's TMT team has advised Clyde Space, backed by Nevis Capital and Coralinn, on its acquisition by ÅAC Microtec, which is publicly listed on Nasdaq First North Stockholm in Sweden, for 35m (7x revenue)". arrowpointadvisory. Retrieved 12 November 2024.
  3. ↑ "What we do". aac-clyde.space. 9 August 2021. Retrieved 12 November 2024.
  4. ↑ "AAC Clyde Space To Develop Next-Gen Satellites With Grant From Scottish Enterprise". spacewatch. 11 June 2020. Retrieved 12 November 2024.
  5. ↑ Faleti, Joshua (23 August 2021). "AAC Clyde Space Starts AAC Space Africa to Join Africa's Growing Space Sector". spaceinafrica. Retrieved 12 November 2024.
  6. ↑ Faboade, Deborah (28 February 2024). "AAC Space Africa Wins its First Satellite Order". spaceinafrica. Retrieved 12 November 2024.
  7. ↑ "AAC Clyde Space Wins SEK 2.6M Follow-on Order For In-orbit Production Mission". Space News . 27 January 2023. Retrieved 12 November 2024.
  8. ↑ Schreiber, Robert. "TECH SPACE AAC Clyde Space secures SEK 5.8 M contract for Starbuck power system". spacedaily. Retrieved 12 November 2024.
  9. ↑ Jewett, Rachel (9 July 2024). "AAC Clyde Space Partners With Scotland on Earth Observation Constellation". satellitetoday. Retrieved 12 November 2024.
  10. ↑ "AAC Clyde Space wins SEK 7.1 M order". satelliteevolution. 22 August 2024. Retrieved 12 November 2024.
  11. ↑ "SPACE DATA AS A SERVICE". aac-clyde.space. 10 August 2021. Retrieved 12 November 2024.
  12. ↑ "Space Products & Components". aac-clyde.space. 2 November 2021. Retrieved 12 November 2024.
  13. ↑ "Space Missions". aac-clyde.space. 10 August 2021. Retrieved 12 November 2024.
  14. 1 2 3 4 "AAC Clyde Space". nanosats. Retrieved 12 November 2024.
  15. ↑ "AAC Clyde Space to acquire Spacemetric AB". satnews. Retrieved 12 November 2024.
  16. 1 2 3 4 "OUR BRANDS". aac-clyde.space. Retrieved 12 November 2024.
  17. ↑ "AAC Clyde Space AB (publ) acquires Swedish space company Omnisys Instruments". satelliteevolution. 31 March 2021. Retrieved 12 November 2024.
  18. 1 2 Werner, Debra (16 October 2020). "AAC Clyde Space to acquire SpaceQuest for $8.4 million". Space News . Retrieved 12 November 2024.
  19. ↑ "AAC Clyde Space to acquire Hyperion Technologies – Satellite News Digest". supremesat. Retrieved 12 November 2024.
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