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AAC Clyde Space expects positive EBITDA in 2025.
AAC Clyde Space's INFLECION constellation is a €30.7 million project co-funded by the UK Space Agency.
On December 14, 2024, Bonnier Capital made a SEK 140 million ($15 million) strategic investment in AAC Clyde Space and became the company's largest shareholder.
AAC Clyde Space is a satellite manufacturer.
Bonnier Capital made a long-term investment in AAC Clyde Space while AAC Clyde Space was generating positive cash flow.
AAC Clyde Space CEO Luis Gomes stated that the investment will accelerate the delivery of key programmes.
AAC Clyde Space has secured up to SEK 140 million (€12.8 million) in new funding through a directed share issue.
AAC Clyde Space announced on 15 December that it had secured a strategic investment of up to SEK 140 million to fully fund its commitments to the INFLECION project.
Bonnier Capital has become the largest shareholder in AAC Clyde Space.
AAC Clyde Space will use the proceeds of the share issue to fund its commitments to the INFLECION maritime domain awareness satellite constellation.
The investment allows AAC Clyde Space to add satellite capacity to meet strong demand for maritime data services and advance INFLECION.
Sirius EDGE will be added to AAC Clyde Space's portfolio of space products.
Improved on-board processing reduces the need for satellite service providers, including AAC Clyde Space, to transmit large volumes of raw data.
AAC Clyde Space aims to advance on-board processing performance while keeping power consumption low.
The Sirius EDGE platform supports AAC Clyde Space's strategy to expand its space-based data services with higher-value offerings.
AAC Clyde Space aims to create an AI-ready computing platform that can be designed and qualified within its own group.
The SPEED project links AAC Clyde Space's hardware development in Uppsala with Spacemetric's software capabilities and KTH research on low-power chip technology.
Sirius EDGE is positioned as the next step in AAC Clyde Space's Sirius on-board computer line.
AAC Clyde Space has been awarded SEK 4.7 million from the ESA Phi-Lab Sweden program to develop the foundation for its next-generation on-board computer.
The SPEED project combines AAC Clyde Space’s hardware development in Uppsala with Spacemetric’s software expertise, supported by KTH’s research into specialized low-power chip technology.