LUXEMBOURG — Small satellite builder AAC Clyde Space of Sweden and Scotland reported a 14.8% decline in revenue for the 12 months ending Dec. 31, 2019 but said two loss-making contracts have now been shipped and that 2020 should be a much better year.
Like other smallsat builders, AAC Clyde’s growth story — the company’s stock is traded on the Nasdaq First North Premier Growth Market — has been slowed by delayed orders for constellations of satellites.
While waiting for the business plans of . . .
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