Brief: AAC Clyde Space Acquires Contract To Develop AI Capability

AAC Clyde Space AB

01/04/2022 09:09

April 1 (Reuters) - AAC Clyde Space AB  AACM.ST :
    * AAC CLYDE SPACE TO DEVELOP AI CAPABILITY WITH ESA FUNDING
    * LEADING NEW SPACE COMPANY AAC CLYDE SPACE'S SUBSIDIARY AAC
HYPERION HAS ACQUIRED A CONTRACT TO DEVELOP AN ONBOARD
ARTIFICIAL INTELLIGENCE (AI) CAPABILITY FOR SMALL SATELLITES IN
COLLABORATION WITH ROYAL NETHERLANDS AEROSPACE CENTRE
    * EUROPEAN SPACE AGENCY (ESA) WILL FUND PROJECT WITH EUR
0.41 M
(APPROX. SEK 4.2 M) SPONSORED BY NETHERLANDS SPACE OFFICE (NSO)
    * FUNDING COMES THROUGH ESA'S GENERAL SUPPORT TECHNOLOGY
PROGRAMME
(GSTP)

Source text for Eikon:  ID:nBQN6dwS0h 
Further company coverage:  AACM.ST 

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