Edison Investment Research - AAC Microtec AB (AAC) AAC Clyde Space - IOD-3 Amber waiting for the green light

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Edison Investment Research

Toby Thorrington

AAC Clyde Space - IOD-3 Amber waiting for the green light

AAC Clyde Space is closing in on a historic milestone. It has delivered the IOD-3 Amber satellite to the Spaceport Cornwall facility in Newquay, where it is to be one of the first seven satellites launched to orbit from the UK. The delivery also comes at the start of what is expected to be a busy Q422 for AAC as it delivers a number of customer projects for operational deployment. As AAC starts to deploy its own satellite constellations revenue growth, profitability and cash flow should improve rapidly.

12/10/2022 1 EN

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.

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SE0009268154 Nasdaq Nordic Stockholm

Provider

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

Toby Thorrington

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AAC Clyde Space - IOD-3 Amber waiting for the green light

AAC Clyde Space - Gathering momentum for FY24 lift-off

China Healthcare: A brighter outlook in 2024.

AAC Clyde Space - Strong trading progress in H123

Tinexta - Typical seasonality in Q124

Dentsu Group - FY24 prospects weighted to H2

Record - AUME momentum and a sharper focus

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