AAC Clyde Space AB (AAC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hey, welcome. A reporter at Investor Studios. I'm a Clyde Space. I'm Clyde Space slept the emotions in Andre Clyde's report for Sugee Sex. Luis, nice to see you again. How are things in Glasgow? Great to see you, Carlo. It's actually a very nice day here in Glasgow. Yeah. For a change. For a change. Luis, last time we spoke, you guided for a very busy second quarter or a quarter ahead. And as far as press releases and figures are concerned, I would say that you've been proven right there. So please take it away. Thank you. Thank you, Carlo. It was indeed a very a very busy quarter. We have as I said, it was a foundational quarter. And if you see if we take a look at the presentation, we have a we have a slide on listing those. So so we have not only we finished signing the the the second part of the the Sterner contract, and, effectively, the the old payload and avionics contracts came into life during this quarter with with the with the work starting in earnest on the on all the parts of this contract. So it was a very busy busy quarter from that perspective. But, also, it's it's the quarter where we signed this the next phase of inflection for the 12 satellites. This is the this is when we really start the the the work to build the constellation, the the the work to actually start preparing all the services. That's an extremely important milestone for us. And, of course, we have launched Vireon one and two back in March. We're now in through through their commissioning. We announced first light on Vireon one. We are going through the process of focusing, calibrating that camera while we work on Vireon two also. And what we saw was growth on both business segments, both on the product submissions and on the data and services. Overall, what this has given us is a is ...