AAC Clyde Space wins Launch Service Contract for VOLT mission
2024-12-30 AAC Clyde Space AB (publ)
AAC Clyde Space has won a Launch Service Contract for the VOLT mission from Craft Prospect. The order value is EUR 0.5 M (approx. SEK 6.0 M) for the launch which is planned to take place in Q2 2026.
In June 2024, AAC Clyde Space announced that it had won its first order for a 16U EPIC satellite. The customer, Craft Prospect, has now awarded AAC Clyde Space a Launch Service Contract for the same mission. Craft Prospect Ltd. (CPL) is part of ESA's ARTES Scylight programme.
The satellite will be part of the ESA OPS-SAT VOLT mission which aims to test and evaluate groundbreaking real-time techniques and technologies with a focus on optical and quantum direct to earth communication. Its objective is to demonstrate products and services within a Versatile Optical Laboratory for Telecommunications (VOLT).
"We are thrilled to be part of one of Europe's most innovative and important space missions. The size of the satellite was selected to enable it to carry several payloads and thereby multiplying its efficiency, while also illustrating the strength in our contribution to the mission," says AAC Clyde Space CEO Luis Gomes.
For more information:
Please visit: www.aac-clydespace.com 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 together three divisions:
Space Data as a Service (SDaaS) - 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. Carnegie Investment Bank AB is the Certified Adviser. The share is also traded on the US OTCQX- market under the symbol ACCMF.