Smallsat builder AAC Clyde: EBITDA positive in 2023; successful space-to-ground lasercomm experiment

by Peter B. de Selding

LA PLATA, Maryland — Small-satellite hardware and service provider AAC Clyde Space, delivering on a promise to investors, reported positive EBITDA for 2023 and a record backlog that the company expects will further increase in 2024.

Sweden-based AAC Clyde reported a 41% increase in revenue, to 276 million Swedish krona ($26.4 million), and EBITDA of 980,000 krona. Company Chief Executive told investors that EBITDA would have been higher but for currency fluctuations. Backlog stood at a record 630 million krona at Dec. 31. AAC Clyde said 2024 revenue . . .

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