Smallsat hardware & data provider AAC Clyde: 2024 revenue up 28%, EBITDA-positive; Eumetsat constellation decision this year

by Peter B. de Selding

LA PLATA, Maryland — Small satellite hardware and data-as-a-service provider AAC Clyde Space reported a 28% increase in sales, a 14% EBITDA margin and positive operating cash flow for 2024 and told investors to expect a similar performance in 2025.

Company Chief Executive Luis Gomes said that while backlog at Dec. 31 was down from a year ago, at some 550 million Swedish krona ($51 million) it was more than enough to feed the company’s continued growth.

In a Feb. 20 investor presentation and . . .

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