Report

AAC Microtec - On the launchpad

Following its acquisition of Clyde Space earlier this year, Ã…AC appears to have made solid progress in H118. Sales have expanded for the ongoing businesses and the order intake for the whole group looks encouraging. Satellites are being delivered for deployment in H218 and orders for a number of demonstration projects have been received. A global leader in small satellites, it supplies fully integrated missions and platforms as well as subsystems/components to third-party satellite builders and operators. As such, Ã…AC remains well positioned to participate in the expected rapid growth of the market over the next decade.
Underlying
AAC Microtec AB

AAC Clyde Space AB, formerly AAC Microtec AB, is a Sweden-based company, which is primarily involved in the aerospace industry. The Company operates as a provider of space solutions and systems for commercial, governmental and educational purposes on the global market through its partner network and offices in Sweden, the United States and the United Kingdom. The Company specializes in small, purpose-built satellites, as well as sub-systems and components. The Company's customers include the European Space Agency (ESA), National Aeronautics and Space Administration (NASA), Orbcomm, Kepler Communications, NSLComm, KP Labs and Orbital Micro Systems, among others.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Andy Chambers

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