Stockholm, December 21, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in
ÅAC Microtec AB’s shares (short name: AAC) commenced today on Nasdaq First North in
Stockholm. ÅAC Microtec belongs to the Technology sector and is the 90th company to be
admitted to trading on Nasdaq’s Nordic markets* in 2016.
ÅAC Microtec provides high value space solutions and systems for commercial and
governmental customers for a global market through offices in Sweden and United States as
well as through distributors. Commercial customers include leading industrial companies
using ÅAC devices in innovative products and applications. Examples of governmental
customers; the Swedish National Space Board (SNSB), Swedish defence Material
Administration (FMV), European Space Agency (ESA), National Aeronautics and
Space Administration (NASA) and Japan Aerospace Exploration Agency (JAXA). ÅAC
Microtec has 25 employees and is headquartered in Uppsala, Sweden.
“We are very excited that so many investors have shown interest in ÅAC” says Mikael
Andersson, CEO of ÅAC Microtec AB. “The raised capital will mainly be used to expand our
sales and marketing capabilities of our new satellite platform SIRIUS. We have an important
role to play in the rapid growth of current and new markets where ÅAC Microtec will provide
satellite solutions to allow millions of people to access data for improved decision-making
“We welcome ÅAC Microtec to Nasdaq First North, one of Europe’s most liquid growth
markets,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq.
“ÅAC Microtec is a very exciting and innovative company and will make a compelling addition
to a growing number of high-tech companies on First North”.
Read more here.