Clyde Space

Clyde Space is a manufacturer of hardware for CubeSats, small satellites, nanosatellites, and service provider for high-tech small and miniature satellite solutions. The company offers subsystems for small satellites and micro spacecraft, power conditioning, and distribution systems, CubeSat platforms, electrical power systems, spacecraft batteries, DC-DC converters for space applications, spacecraft solar panels.

TypeSubsidiary
Parent CompanyAAC Clyde Space
HQGlasgow, GB
Founded2005
Websiteclyde.space
Clyde Space was founded in 2005 and is headquartered in Glasgow, GB

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Key People/Management at Clyde Space

Mats Thideman

Mats Thideman

Acting CEO, CFO
Craig Clark

Craig Clark

Founder, Chief Strategy Officer
Iraklis Hatziathanasiou

Iraklis Hatziathanasiou

VP Business Development
Andrew Strain

Andrew Strain

CTO
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Clyde Space Office Locations

Clyde Space has an office in Glasgow
Glasgow, GB (HQ)
45 Finnieston Street
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Clyde Space Financials and Metrics

Summary Metrics

In total, Clyde Space had raised $2.7 m. Clyde Space is a subsidiary of AAC Clyde Space

Clyde Space Revenue

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Clyde Space's revenue was reported to be £2.63 m in FY, 2018 which is a 43.5% decrease from the previous period.
GBPFY, 2017FY, 2018FY, 2018

Revenue

5.0m4.6m2.6m

Revenue growth, %

(7%)(43%)

Cost of goods sold

3.4m4.5m2.8m

Gross profit

1.6m162.9k(223.9k)
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2018

Cash

597.6k873.9k676.5k184.9k312.1k

Accounts Receivable

1.4m2.6m688.1k453.7k608.4k

Prepaid Expenses

154.8k134.6k76.8k

Inventories

309.6k227.7k264.8k230.0k383.1k
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Clyde Space Operating Metrics

Dec, 2017Jul, 2019

Subsystems Delivered to Date

2 k

Power Systems Delivered to Date

1 k

Monthly Spacecraft Production Capacity

12

Satellite Platforms

4
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Clyde Space Acquisitions / Subsidiaries

Company NameDateDeal Size
Clyde Space Inc

Clyde Space Revenue Breakdown

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Clyde Space revenue breakdown by geographic segment: 25.0% from United Kingdom and 75.0% from Outside the United Kingdom

Clyde Space Online and Social Media Presence

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Clyde Space News and Updates

Clyde Space to build and operate AIS cubesats for Orbcomm

ÅAC Microtec subsidiary Clyde Space plans to build and begin operating in 2020 two cubesats equipped with Automatic Identification System (AIS) receivers for Orbcomm in a contract valued at 54 million Swedish Krona ($5.9 million). SpaceNews.com

Polish space startup selects Clyde Space as subcontractor for earth observation satellite project

Polish space industry startup KP Labs has awarded an order to Scottish cubesat manufacturer Clyde Space which will act as a subcontractor for the company’s Intuition-1 project SpaceNews.com

Clyde Space Frequently Asked Questions

  • When was Clyde Space founded?

    Clyde Space was founded in 2005.

  • Who are Clyde Space key executives?

    Clyde Space's key executives are Mats Thideman, Craig Clark and Iraklis Hatziathanasiou.

  • What is Clyde Space revenue?

    Latest Clyde Space annual revenue is £2.6 m.

  • Who are Clyde Space competitors?

    Competitors of Clyde Space include Terran Orbital, Phase Four and Space Information Laboratories.

  • Where is Clyde Space headquarters?

    Clyde Space headquarters is located at 45 Finnieston Street, Glasgow.

  • Where are Clyde Space offices?

    Clyde Space has an office in Glasgow.

  • How many offices does Clyde Space have?

    Clyde Space has 1 office.