AAC Clyde Space expects contract exceeding EUR 70 M for EPS-Sterna satellite radiometers

AAC Clyde Space has been selected to supply microwave radiometers for the 20 satellites planned under the EPS-Sterna programme, with OHB Sweden as prime contractor. The industrial contract between OHB Sweden and AAC Clyde Space is not yet signed but is expected to be concluded in the coming weeks following completion of normal contracting procedures. The expected contract value exceeds EUR 70 M (approx. SEK 749 M). Deliveries of the first six instruments are planned for 2028, with remaining deliveries continuing through 2035.

Work on the programme is expected to begin once the industrial contract has been signed. Revenue from the project will be recognised progressively as work is performed over the duration of the programme.

The microwave radiometer is the core weather instrument onboard each EPS-Sterna satellite and will be developed and manufactured by AAC Omnisys, the Gothenburg-based subsidiary of AAC Clyde Space. The instrument builds on technology demonstrated in orbit through the Arctic Weather Satellite mission.

"This programme represents an important step in Europe's next generation of weather monitoring capabilities and confirms the strong position of our microwave instrument technology in advanced atmospheric sounding missions," says Luis Gomes, CEO of AAC Clyde Space.

Further information about project execution, delivery schedule and financial effects will be communicated once the industrial contract has been signed.