Small satellite hardware/service provider AAC Clyde Space: Supply chain issues persist, but revenue targets maintained

by Peter B. de Selding

PARIS — Small satellite hardware and service provider AAC Clyde Space reported increased revenue and backlog for the nine months ending Sept. 30 but said continued supply-chain delays postponed expected revenue and resulted in negative EBITDA.

Sweden- and Scotland-based AAC Clyde, which has offices in the United States and, most recently, in South Africa, said the company is on track to meet its goal of 200 million Swedish krona ($22.8 million) in 2021 and 500 million krona in 2025.

The company ended the quarter with . . .

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