2025-05-14 AAC Clyde Space AB (publ)
AAC Clyde Space has won an order from Ghalam LLP in Kazakhstan for Starbuck Mini power systems. The order is valued at EUR 814,000 (approx. SEK 8.81 M), with delivery scheduled for March 2026. The units will be used onboard Earth observation satellites developed under the KazEOSat-MR programme.

The order reinforces the global appeal of AAC Clyde Space's advanced and reliable satellite systems and highlights the company's ability to win business in new and expanding markets. Starbuck Mini is a proven solution for demanding missions and continues to play a key role in positioning AAC Clyde Space as a preferred supplier for critical satellite subsystems.

KazEOSat-MR is a national Earth observation programme that will provide data for environmental monitoring, land use, and security in Kazakhstan. The customer, Ghalam LLP, is based in Astana, Republic of Kazakhstan.

"We are delighted to support Ghalam in their Earth Observation mission. Starbuck Mini offers the performance and reliability needed for Earth observation, and this order confirms our ability to meet the demands of advanced satellite platforms", says Luis Gomes, CEO of AAC Clyde Space.

The order underscores AAC Clyde Space's strength in delivering mission-critical power systems that meet the evolving needs of satellite operators.

About Ghalam LLP
Ghalam LLP is a joint venture between Airbus D&S, JSC "NC Kazakhstan Gharysh Sapary", and the Aerospace Committee of the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan. Based in Astana, Ghalam operates one of Central Asia's most advanced satellite manufacturing facilities. Ghalam serves as the mission integrator and satellite prime for the KazEOSat-MR programme, responsible for the overall system architecture, integration of subsystems, and delivery of flight-ready satellites. Its state-of-the-art Assembly, Integration, and Testing Complex (AITC) features clean rooms, environmental test chambers-including vibration, thermal-vacuum, electromagnetic compatibility (EMC), and compact antenna test range (CATR) facilities-and dedicated infrastructure capable of supporting the assembly and qualification of satellites weighing up to 6,000 kg.

About Starbuck Mini
Starbuck MINI is an advanced Power Conditioning and Distribution Unit (PCDU) developed by AAC Clyde Space. Often described as the electrical heart of a satellite, it manages and distributes power to all onboard systems, ensuring stable and efficient operation throughout the mission.

Originally designed for small satellites, Starbuck MINI has become a trusted standard in the industry thanks to its reliability, robust design and strong performance. It is used in a wide range of leading-edge space missions, including ESA's Arctic Weather Satellite, Astroscale's orbital debris removal service, and the lunar lander Nova-C developed by Intuitive Machines.

For more information:
Please visit: http://www.aac-clyde.space or contact:
Håkan Tribell, Head of Communications for Investor Relations and Public Affairs,
investor@aac-clydespace.com, phone +46 18 560130

ABOUT AAC CLYDE SPACE
AAC Clyde Space provides small satellite technologies and services that help governments, businesses and institutions access high-quality data from space. Covering satellite components, mission services and space-based data delivery, the company offers end-to-end solutions that turn space-based intelligence into real-world impact. Applications include weather monitoring, maritime safety, security and defence, agriculture and forestry.

AAC Clyde Space is headquartered in Uppsala, Sweden, with main operations also in the UK, Netherlands, South Africa and the USA. The company's shares are traded on Nasdaq First North Premier Growth Market in Stockholm (Ticker: AAC) and on the US OTCQX Market (Symbol: ACCMF). The Company's Certified Adviser is DNB Carnegie Investment Bank AB.

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