EGM

Uppsala, 26 June 2023

AAC CLYDE SPACE A GROWING GLOBAL SMALL SATELLITE SPECIALIST

Net Revenue Q1

SEK 73.9M

Order Backlog Q1

SEK 460.2M

EBIDTA Q1

SEK +1.7M

Revenue Targets

2024: SEK 500M 2030: SEK 2,200M

World leading expertise in small satellite technologies and services

  • 25+ years of operational space experience
  • Full in-house capability: ~30 satellites launched to date
  • Main operations in Sweden, UK, NL, US & South Africa; ~180 employees in 5 countries

Ramping up data business delivered by own small satellites (Space Data as a Service)

  • Capitalizing on megatrends with strong partners
  • 2023 a year of transition - starting to recognize more SDaaS revenues from 5 new satellites
  • Net margins: ~30-40% in SDaaS, 10-15% in hardware
  • Business mix shift to support performance over time

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LATEST NEWS

About two weeks ago, two more AAC Clyde Space SDaaS satellites were placed in orbit, together with one other customer satellite.

So far this year, we have launched 7 satellites, 4 of which were for our own constellation

Transporter 8 launch. Credit: Space X

GROWTH AND BUSINESS MIX SHIFT TO MORE SPACE DATA AS A SERVICE

AAC Clyde Space Market

Space Data from Small Satellites enables vast range of new applications to improve life on Earth

AAC Clyde Space Model

Capitalizing on Small

Satellite Data Revolution

AAC Clyde Space Roadmap

2023 a value inflection point: Business mix shift to data to drive revenue, margins & cash flow

  • Small satellites drive paradigm shift in space industry
  • Increased demand for space data to tackle urgent global ESG challenges
    • Farming & Forestry: Precision farming, efficiency/food supply security
    • Shipping, Navigation & Transportation: Maritime safety efficiency/capacity
    • Environmental, Weather & Climate: CO2 emissions, pollution, weather
  • Leading global small satellite specialist aiming at becoming a world leader in high quality, timely data from space (Space Data as a Service)
  • Ramping up data business delivered by own small satellites in 2 areas:
    • Farming & Forestry: High quality images data for farming/forestry
    • Maritime & Energy: Data/services for maritime sector
  • Advanced sensors to improve weather predictions & monitor climate change
  • Rapidly transforming to Space Data as a Service (SDaaS), with higher share of growing, recurring, and high-margin subscription revenue
  • Targeting SEK 2.2 billion revenue 2030 mainly SDaaS
  • Order backlog: SEK 428m/40% data Q4 2022 (Rev. 2022: 197m/9% data)
  • Net margins: ~30-40% in SDaaS vs. 10-15% in Hardware

1) Very High Frequency Data Exchange System

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SOCIETY DRIVING NEED FOR MORE AND BETTER DATA

SUSTAINABILITY

INTERNET OF THINGS

BLUE ECONOMY

  • Provide critical data to manage consequences of climate change for a sustainable world
  • Sustainable solutions aligned with global ESG trends
  • Enables global access and connectivity
  • Allows control of remote assets based on actionable information collected from space
  • Autonomous vehicles
  • Satellites enable ships without crew to transport cargo
  • Energy efficient transportation

AAC Clyde Space solutions are aligned with global megatrends and meet current customer challenges and requirements

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Disclaimer

AAC Clyde Space AB published this content on 27 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2023 13:34:04 UTC.