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AAC Clyde Space AB (publ) (ACCMF) Q1 2026 Earnings Call T...
2026-05-13 · via All Articles on Seeking Alpha

AAC Clyde Space AB (publ) (ACCMF) Q1 2026 Earnings Call May 13, 2026 5:00 AM EDT

Company Participants

Luis Gomes - Chief Executive Officer

Conference Call Participants

Kaarlo Airaxin

Presentation

Kaarlo Airaxin

[Foreign Language] Luis, nice to see you again. How are things?

Luis Gomes
Chief Executive Officer

Nice to see you, Kaarlo. All good here in Glasgow. I hope things are also good in Stockholm.

Kaarlo Airaxin

Yes. Yes, they are. Luis, a busy past quarter and I guess, a busy quarter lying ahead of you. So no rest for the wicked, I take it. So please take it away.

Luis Gomes
Chief Executive Officer

Thank you very much. It has been quite a busy quarter. We have had big things, big discussions going on, negotiations, quite a lot to deliver. We have a big launch back in March. We launched 2 of our own satellites and 5 satellites for our customers. So it was a busy period during this last quarter.

And if we go on to the next slide, we can, of course, see that the highlight was the signing of the Sterna contract. This was something we have been working on since last year, something that we have been really gearing up to. We prepared, we did a lot of preparatory work on this and was signed. And we now have an order backlog of about SEK 1.1 billion, largely due to this new contract. It's a very big contract for us. It's very important, not just for the company, but also for the European space sector. It's about improving the way we monitor and predict weather. And that is an extremely important thing for us over in Europe.

And with these, of course, we secure a large share of our revenues. We -- one of the issues