Smallsat builder AAC Clyde Space: Revenue down year on year, but backlog way up on Orbcomm, Eutelsat orders

by Peter B. de Selding

UPDATE Dec. 2: This story was updated to include AAC Clyde Space CEO Luis Gomes's remarks in an interview with Erik Penser Bank.

PARIS — Smallsat builder and service provider AAC Clyde Space of Sweden and Scotland reported a 6% decline in revenue for the nine months ending Sept. 30 but a sharp increase in backlog on the strength of what the company hopes are breakthrough orders from established fleet operators Orbcomm and Eutelsat.

For M2M/IoT service provider Orbcomm, AAC Clyde will . . .

To view the entire article, become a subscriber!

You may also like