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

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 . . .

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