PARIS — Small satellite hardware and service provider AAC Clyde Space said it’s on track to deliver on its promised positive EBITDA and operating cash flow this year on the back of a 12% increase in Q1 revenue, to 41.2 million Swedish krona ($15.2 million).
Sweden- and UK-based AAC Clyde, with subsidiaries in the Netherlands, the United States and South Africa, reported a negative 7.6 million krona in EBITDA for the three months ending March 31 but 7 million krona in operating cash flow, compared to a . . .
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