Small satellite builder AAC Clyde: H1 revenue up 65%, confirms goal of positive EBITDA this year

by Peter B. de Selding

LA PLATA, Maryland — Small satellite hardware and service provider AAC Clyde Space reported a 65% increase in sales and a positive EBITDA for the six months ending June 30. The company said it’s still on track for positive EBITDA for the full year.

Sweden- and Scotland-based AAC Clyde raised a net 35.9 million Swedish krona ($3.51 million) from a rights issue in July and said it had sufficient liquidity to deliver on its business plan for the next 12 months.

The company’s . . .

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