AAC Clyde Space eyes positive EBITDA in 2025 after 2024 program delays hit sales, cash flow and backlog
AAC Clyde Space said program delays cut 2024 sales, cash flow and backlog and weakened near‑term performance, but the small‑satellite hardware and services provider now forecasts a return to positive EBITDA in 2025. The company identified schedule slippages as the primary driver of the shortfall.