AAC Clyde Space AB (AAC) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the quarterly report with Investor Studios. Today with AAC Clyde Space, a high-end company in the space industry. As always when we send live, you can ask questions directly to management. Do it in the chat field. We will handle the questions after the company leader's presentation. If you do not get your question answered in this case, we refer you to IR and Håkan Trybell. You can find his details on the website. Nice to see you again. How are things? Nice to see you, Carlo. All good here in Glasgow? I hope things are also good in Stockholm. 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. 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 had a big launch back in March. We launched two of our own satellites and five 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 had been working on since last year, something that we had been really gearing up to. We prepared. We did a lot of preparatory work on this. And it was signed. And we now have an order backlog of about 1.1 billion SEC. largely due to this new contract. It's a very big contract for us, it's very important, and 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 this, of course, we secure a large share of our revenues, One of the issues we had last year in 2025 was without Ster...