ÅAC Microtec subsidiary Clyde Space plans to build and begin operating in 2020 two cubesats equipped with Automatic Identification System (AIS) receivers for Orbcomm in a contract valued at 54 million Swedish Krona ($5.9 million).
Swedish space company ÅAC Microtec announced Dec. 22 it plans to acquire Scottish cubesat manufacturer Clyde Space, creating what the companies believe will be a dominant force in a growing sector of the industry.