#aac microtech

@ClydeSpace Acquired by Swedish Spacetech Rival for £26M

Glasgow’s ClydeSpace, one of Scotland’s leading ‘new space’ firms has been acquired by Swedish company AAC Microtec in a deal worth £26 million.

ClydeSpace is the creator of ‘CubeSat’ micro satellites. It has so far provided 2,000 CubeSats and power systems for use on spacecraft for processes from monitoring bush fires to sending communications signals. Last year, the company manufactured 60satel…