AAC Clyde Space Gets SEK 13.5 Mln For Insurance Claim On Kelpie-1 Satellite

AAC Clyde Space AB AAAC:

• AAC CLYDE SPACE ANNOUNCES THAT IT HAS BEEN PAID APPROX. SEK 13.5 M FOR AN INSURANCE CLAIM ON THE KELPIE-1 SATELLITE

• IS EXPECTED CO WILL BE ABLE TO BACK FILL LOST CAPACITY WITH NEW SATELLITES CURRENTLY UNDER CONSTRUCTION AND TO BE LAUNCHED LATER IN 2024