SAN FRANCISCO – AAC Clyde Space announced a 19 million euro ($22.5 million) contract backed by the U.K. Space Agency to develop a 10-cubesat communications and Earth-observation constellation.
As part of the three-year project called xSPANCION, AAC Clyde Space will develop and manufacture satellites to provide space-based services to companies eager to harness satellites to tackle business problems without investing in the space-based architecture or related expertise. AAC Clyde’s campaign to market and sell those services falls outside the project’s scope.
“xSPANCION will revolutionize our space-as-a-service offering,” AAC Clyde Space CEO Luis Gomes said in a statement. “It will allow us to significantly reduce the cost of every message collected, every image captured, supporting those business cases that to date have not been able to justify the [capital expenditure] to have hundreds of sensors in orbit. Fundamentally, our customers will no longer have to worry about how to access space, they can focus on how to enhance their core business.”
The U.K. Space Agency plans to contribute 9.9 million euros to the project through the European Space Agency. AAC Clyde Space plans to manufacture the cubesats in Glasgow, Scotland.
During the first phase of the project, AAC Clyde Space will ...