AAC Clyde Space Wins Order from US blue chip company

The small satellite company AAC Clyde Space has been selected to deliver products valued at USD 1.6 M (approx. SEK 16.6 M) to a US blue chip company.

AAC Clyde Space will procure and resell the products through its US subsidiary AAC SpaceQuest. As AAC's role is limited to reselling, margins will be lower than on its proprietary products. The products will be delivered over a period of 12 months.

"Our presence in the US market gives us to access attractive business opportunities, expanding our footprint and building our brand," says AAC Clyde Space CEO Luis Gomes.