Dear cubesat investor… AAC Clyde Space seeks to reset shareholder expectations in becalmed market

by Peter B. de Selding

UPDATE Sept. 4: AAC said it would be including backlog in future earnings announcements. As of June 30, backlog was 126 million Swedish krona ($13.55 million), compared to 67 million krona on Dec. 31, 2018.

PARIS — Cubesat builder AAC Clyde Space wants to adjust investor expectations and ease concerns at a time when expected new orders have not arrived and China appears to be jumping into the smallsat market.

Sweden- and Scotland-based AAC Clyde Space and its Danish-Swedish competitor, GomSpace, are industry . . .

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