LA PLATA, Maryland — Small satellite hardware and service provider AAC Clyde Space reported a 16.3% decline in sales for the 12 months ending Dec. 31, 2025, because of what the company said were temporary delays in two major programs.
Sweden- and Scotland-based AAC Clyde reported positive EBITDA for the year but missed its target of postiive operating cash flow.
In a Feb. 19 investor presentation, AAC Clyde Chief Executive Luis Gomes said that while “the level of sales and order intake is not satisfactory,” he . . .
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