PARIS — Swedish small-satellite builder AAC Microtec is buying fast-growing cubesat manufacturer Clyde Space for five times Clyde’s fiscal-year 2017 revenue in the expectation that the combined company will grow to dominate a market growing from $200 million to $3 billion in the coming years. The transaction, which is expected to close by February, makes
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Peter B. de Selding
Peter B. de Selding
Peter de Selding is a Co-Founder and editor for SpaceIntelReport.com. He started SpaceIntelReport in 2017 after 26 years as the Paris Bureau Chief for SpaceNews where he covered the commercial satellite, launch and the international space businesses. He is widely considered the preeminent reporter in the space industry and is a must read for space executives. Follow Peter @pbdes