LA PLATA, Maryland — Small satellite hardware and service provider AAC Clyde Space reported sharply higher revenue and positive EBITDA and operating cash flow in the three months ending June 30 and said recent contracts assured that the profitable growth would continue.
Sweden-and Scotland-based AAC Clyde’s biggest win during the quarter was the long-delayed EPS-Sterna contract for Europe’s Eumetsat organization, a 20-satellite program that will provide atmospheric temperature and humidity measurements.
AAC Clyde’s share of the Sterna program . . .
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