Brief: AAC Clyde Space Progresses xSPANCION Constellation Project

AAC Clyde Space AB

03/11/2022 10:02

Nov 3 (Reuters) - AAC Clyde Space AB  AACM.ST :
    * AAC CLYDE SPACE PROGRESSES THE XSPANCION CONSTELLATION
PROJECT
    * VALUE OF THIS PHASE IS 3.3 MEUR OF WHICH UK SPACE AGENCY,
THROUGH ESA'S PIONEER PARTNERSHIP PROJECTS, WILL CONTRIBUTE 1.6
MEUR
    * ONCE CUSTOMER AGREEMENTS ARE FINALIZED, A PHASE 3B IS
EXPECTED
TO COMMENCE IN WHICH PROJECT WILL BE COMPLETED IN Q3 2024 WITH
MANUFACTURE, LAUNCH AND IN-ORBIT OPERATIONS ACTIVITIES
    * VALUE OF PHASE 3B IS 9.0 MEUR (APPROX. 99.3 MSEK)

Source text for Eikon:  ID:nBQN31b4xd 
Further company coverage:  AACM.ST 
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