Investing in and developing reliable technologies for safety, precision and stabilization.
Active in Satellite Communication and Precision Inertial Sensors.
Meeting minutes from the AGM, May 13, 2020, 7pm in Kista
ASTG receives order from Saudi Arabia of EUR 56k
ASTG has today signed an agreement to buy Satmission AB from Allgon AB (listed on Nasdaq First North Growth Market). The acquisition, which is part of ASTG's accelerate strategy, brings an additional product line to the ASTG portfolio. The purchase price consists of 2.5 million B-shares in ASTG AB valued at approx. 5 475 000 SEK. The parties have in addition agreed a 3 years Earn-out model. The acquisition of Satmission AB brings ASTG an additional order backlog of 3.9 MSEK. The transaction will have financial effect from April 1, 2020. Allgon AB will after completion of the transaction own approx. 7.5% of the shares in ASTG AB.
Presentation by CEO, Carsten Drachmann providing you with a company update captured live during the AGM on the 13th of May 2020.
Video interview with our CEO, Carsten Drachmann providing you with an overview of our Q1 2020 Report.
ASTG has released a video where CEO, Carsten Drachmann, explains the ASTG business and future direction.
Satellite Antenna Systems since 2008
Inertial Measurement Units since 2005.
COTM for hybrid Ku/Ka band operation