A YEAR OF ACHIEVEMENT

A YEAR OF ACHIEVEMENT 2010 in summary

The Prisma mission breaks new grounds The two Prisma satellites were launched in June. Clamped together at launch, they were separated in August to start the series of formation flying and rendezvous experiments. So far, several tests and experiments have been successfully completed and attracted much attention in the industry. The mission comprises the verification of innovative systems for guidance, navigation and control, software and sensors as well as for space propulsion. SSC is the prime contractor for Prisma and has developed the major part of the onboard technologies. SSC is also in charge of all operations. Two new thruster systems, developed by the SSC companies ECAPS and NanoSpace, are making their first spaceflight ever on Prisma. Successful verification of green propulsion ECAPS flight demonstrations of its green propulsion system onboard Prisma were very successful and all test objectives were met. The two 1 N thrusters worked nominally, and the environmentally benign propellant was proven to provide 30% higher density specific performance than hydrazine. New external orders had been signed already before the flight verification and the recent success will most likely boost the interest in this novel technology. Continued expansion in space operations With the acquisition of Aurora Technology and the establishment of a new office in Dubai, the SSC Group continued its expansion in the fields of satellite management services and space operations. New antennas ordered for Sweden, Chile and Australia will strengthen the capabilities of SSC s satellite ground station network, PrioraNet, which can now offer services for any polar or equatorial orbit. Satellite services were also supplemented with a new high-speed ground based service, PrioraNet Terrestrial. An antenna dedicated for the Galileo navigation system was inaugurated at Esrange Space Center. New balloon services at Esrange A space agreement was signed between Sweden and Russia that allows SSC to perform balloon flights over Russian territory. This opens the possibility to fly high altitude balloons around the North Pole, to offer longduration flights in scientific research where long series of measurements are essential. Innovative science services on MAXUS 8 The eighth MAXUS rocket was launched from Esrange. MAXUS is Europe s largest sounding rocket carrying experiments for research in microgravity. One of the experiment modules onboard MAXUS 8 was the XRMON- Diff, developed for a metallurgic experiment and continuing SSC s unique series of modules using X-ray as the diagnostic system. Important role in oil clean-up operations Several new installations and upgrades of existing maritime surveillance systems were completed on customers aircraft. Training was provided to a number of new customers. The SSC system was successfully used to support the oil spill cleanup efforts in the Gulf of Mexico. SSC SUMMARY 2010 3

What is new about this Summary? Of course, it describes SSC s eventful year of 2010. It is also one of the first printed items with our new logo. In recent years, the Swedish Space Corporation has acquired several specialised companies with operations around the world. We have now unified under a common brand with a shared visual identity. The Swedish Space Corporation family has become SSC an international group of companies offering a wide range of first-class services and innovative products to the space industry. New establishments for space operations SSC s comprehensive global services are well known in the market, and we get many inquiries from new customers. Our expansion within satellite operations continued with the acquisition of the science and engineering company Aurora, which conducts operations for ESA both in the Netherlands and in Spain. Offices were established in Dubai and Bangkok. Our satellite station in Canada was inaugurated as was the Galileo antenna at Esrange Space Center. Our Australian station was extended and new antennas were installed in Sweden. Terrestrial communication services were added to our range of services, improving our flexibility even further. Prisma is a success In June, the two Prisma satellites left SSC s clean room for Russia, from which they were launched into space as a cuddling pair. We held our breath several times, like when these dance partners were commanded to let go of each other to start the ground-breaking demonstrations of formation flying and rendezvous technologies. This was the time to see our innovative navigation and propulsion systems in real action, controlled by our operations team. The mission is a success. The green propulsion system onboard Prisma, developed by the SSC company ECAPS, deserves a specific mention. The flight verification of these high performance thrusters, using environmentally benign and non-toxic fuel, opens new doors to the international space market. Busy as usual Our experienced staff provided launch services for several rockets and balloons at Esrange, and the development team worked on rocket service systems and advanced experiment payloads. A VIP delegation from ESA came to see the launch of the large rocket MAXUS 8. A Swedish-Russian agreement opened up for longduration balloon flights from Esrange around the North Pole. Several airborne maritime surveillance systems were delivered and more were ordered. We can see an increased interest in advanced flight test scenarios to be performed at the Vidsel Test Range. In all, I must say it has been a year of great achievement. We reaped the fruit of hard work, we have started promising new projects and forged new relationships. This coming year will be one of change for SSC. Increased focus, new opportunities and a new costume. I hope you like it! Lars Persson, President and CEO SSC SUMMARY 2010 5

6 SSC SUMMARY 2010

Satellite operations 2010 highlights The Satellite Operations Division provides engineering services and solutions for satellite operations and satellite communication. SSC s global network PrioraNet utilises SSC stations as well as partner stations worldwide for communication with satellites in any Earth orbit. Aurora Technology, a provider of space science and engineering services, was acquired by the SSC Group. The company conducts operations in the Netherlands and Spain. LSE Space Middle East was established in the United Arab Emirates. The Galileo ground station at Esrange Space Center was inaugurated and contracts were signed to set up Galileo stations on Hawaii and the Easter Island. Ground based satellite station services were added to the global communication network PrioraNet. The establishment of two new antennas increased the Esrange antenna park to a total of 27 including 6 hosted antennas. SSC stations had more than 120,000 contacts with a total of 100 satellites for customers worldwide. The site in Canada was inaugurated and SSC Space Australia was incorporated. LSE Space LSE Space provides efficient and reliable operations, engineering and consultancy services to customers in the space market. The company s headquarters are in Oberpfaffenhofen (Germany) and a further office is located in Darmstadt (Germany). The subsidiary LSE Space Middle East is based in Dubai (UAE), whereas Aurora Technology, acquired in early 2010, is based in the Netherlands. In 2010 LSE Space supported many missions of the German Aerospace Center (DLR), ESA and other customers. The main achievements included the award of the operations engineering contract extension with ESA, the delivery of training for Yahsat and the renewal of the SatcomBw Flight Operations contract. New business was acquired with the German Remote Sensing Data Center, served by LSE Space with system operations for Worldview-2 and with remote ground stations support for TanDEM-X. Moreover LSE Space was re-awarded the ISO 9001:2008 certification and incorporated the subsidiary LSE Space Middle East as a steady representation in Dubai. Aurora Technology Aurora, based in the Netherlands, fields an international team of professional software engineers, spacecraft system engineers, applied physicists and scientists. The European Space Agency (ESA) is Aurora s main client and support is provided at ESTEC in the Netherlands and ESAC in Spain. SSC SUMMARY 2010 7

OUR STATIONS HAD OVER 120, TOTAL OF 100 SATELLITES FOR Aurora strengthened its teams providing on-site support at both ESAC in Spain and ESTEC in the Netherlands. In particular, the company was awarded with tasks to support Earth Observation missions Sentinel 1 & 2, SEOSAT, MTG and future missions. In the field of space science, new support commenced for the Mars Rover Exploration Programme, Rosetta and Science Archives. Universal Space Network Universal Space Network (USN) is the US leader in ground network services. USN operates two Network Management Centers in the US that function as the point of access to USN s earth stations in Alaska, Australia, Hawaii and global PrioraNet locations. USN experienced a very good year as the leading supplier of commercial ground network services to the NASA community. Significant progress was also made in supporting the US Department of Defense. Combining services from Alaska and Esrange, USN is leading the support of the Spacebased Space Surveillance (SBSS) mission and, along with SSC Chile, also demonstrated its ability to augment the Air Force Satellite Control Network for a critical launch. Both of these missions demonstrate USN s ability to provide global services to the US military space community. USN also continued to expand its capabilities by adding a new Ka-Band antenna in Australia and improved the automation and control capabilities at its Network Management Centers. USN has also made great progress in meeting the needs of the expanding commercial US remote sensing industry and looks forward to exciting new opportunities in that sector. SSC Chile SSC Chile owns the Santiago Satellite Station, recognised as a key location in the southern hemisphere and an important node in the PrioraNet global network. SSC Chile recruited several new executives, including a new Managing Director. Decisions were taken to establish a new S-band 13m antenna at the Santiago Satellite Station. The station supported two US space shuttle missions, one of them around the clock. Launch support was provided for six Chinese COMPASS navigation satellites as well as three NASA satellites and the South Korean mission COMS 1. In one case, launch services were efficiently prepared in only five days after an order with a short lead time. Spacecraft emergency support was provided for several missions, among them the NASA climate research satellite SORCE. 8 SSC SUMMARY 2010

000 CONTACTS WITH A CUSTOMERS WORLDWIDE Space Systems 2010 highlights The Space Systems Division designs, develops, builds and tests various space systems, including the definition of complete space missions. Products range from entire state-of-the-art satellite systems to subsystems, software and payloads. The two Prisma satellites were launched in June. Numerous successful tests and experiments have been performed onboard in the fields of formation flying and rendezvous. The mission control system RAMSES is used for operations. Prisma is marketed for other customer experiments once the ongoing mission is completed in June 2011. Operations of the atmospheric research satellite Odin continued and will enter its eleventh year in February 2011. Its proposed successor in the field, the instrument STEAM-R, is under development. Multiple subsystems for the Small GEO telecom satellite product line are developed in cooperation with OHB Systems. In 2010, SSC started to seek a partner or a new owner of the Space Systems Division. ECAPS ECAPS develops and manufactures rocket engines and propulsion systems for satellites, utilising the High Performance Green Propulsion (HPGP) technology, based on ADN (AmoniumDiNitramide). ECAPS provides a storable liquid monopropellant, which is environmentally benign with low toxicity. The company also performs fuelling services. After six months in space, ECAPS flight demonstration of the HPGP system within the Prisma basic mission has been successfully completed and all test objectives have been met. The HPGP system, with its two 1 N thrusters, delivers 30% improvement in density specific impulse in relation to traditional propulsion systems using monopropellant hydrazine. Higher performance allows for extended missions or reduced tank volume for a given mission. The Prisma launch campaign demonstrated significantly re duced risk, lead times and costs using the low hazardous propellant LMP-103S. The development of a 5 N and a 22 N HPGP thruster is on-going. Several successful test campaigns with hot firings have been conducted during the year, and for the continued effort, a new test facility will be ready in early 2011. The HPGP technology is gaining market acceptance and new customers will explore its benefits. SSC SUMMARY 2010 9

SSC S MARITIME SURVEILLANCE SUPPORT THE OIL SPILL CLEAN NanoSpace NanoSpace develops products for the space market based on Micro-Electro-Mechanical Systems (MEMS) technology. MEMS technology is an interesting field for the space industry since it offers miniaturisation in terms of mass, volume and power. It also offers improved, or sometimes unique, performance, which in turn enables new space mission scenarios. The main event this year was the launch of the Prisma satellites, carrying the novel MEMS microthrusters into space for the first time. However, the micropropulsion experiments could not be completed as planned due to a leakage in the high pressure gas storage system. Even so, the good news was that the microthrusters as well as the other MEMS components onboard responded as expected. Work has focused on the ESA-financed development projects. Closed-loop control functionality has been successfully implemented on the cold gas micropropulsion system, and significant progress was achieved on the xenon flow control system for mini-ion engines as well as in the MEMS based propellant gauging system for telecommunications satellites. NanoSpace also won two new FP7 contracts. SCIENCE SERVICES 2010 highlights The Science Services Division conducts rocket and balloon launches for scientific research. The division develops rocket systems and designs innovative experiment modules for research in microgravity on air and spacecraft. Several rockets were successfully launched from Esrange Space Center, among them MAXUS 8, Europe s largest sounding rocket for research in microgravity which is developed and operated by SSC and Astrium, and the German rocket MAPHEUS-2. Rockets and balloons were also launched within the student programmes REXUS and BEXUS. The instruments MIPAS-B/Telis were flown on a balloon to perform atmospheric research. The French space agency CNES performed its annual balloon campaign comprising ten balloon flights. A space co-operation agreement was signed between Sweden and Russia, allowing for SSC to start providing long-duration balloon flights from Esrange around the North Pole. 10 SSC SUMMARY 2010

SYSTEM WAS USED TO -UP IN THE GULF OF MEXICO AIRBORNE SYSTEMS 2010 highlights The Airborne Systems Division develops the airborne maritime surveillance systems that make SSC a leading supplier of complete solutions in the field. Customers use the systems to detect oil spills, for surveillance of ship traffic and fishing activities, border control and other maritime surveillance tasks. SSC s MSS 6000 maritime surveillance system was successfully used to support the oil spill clean-up efforts in the Gulf of Mexico. The services were provided by Transport Canada who operates three MSS 6000 systems, all of which also received a software upgrade in 2010. The first system in Poland was upgraded to MSS 6000 status. Systems number two and three were delivered to the Indian Coast Guard. Flight tests and operator training were completed for the two systems for Malaysia. Factory acceptance tests were performed for the first of three systems for the Vietnam Marine Police as well as a demonstration of the new ground based Mission Command Centre. AEROSPACE SERVICES 2010 highlights The Aerospace Services Division is in charge of flight test services, evaluation of civil and military air and space systems, and associated services. SSC can offer the largest overland test area in Northern Europe by combining the test facilities at the Vidsel Test Range and the Esrange Space Center, in all 24,000 km 2 restricted airspace. At the Vidsel Test Range, where SSC is responsible for test systems, several test campaigns were performed for European aerospace and defence industries, as well as for military forces. These include evaluation of pilot proficiency, air-toground missile evaluation, test of precision strike systems, missile development tests and the training of helicopter pilots in an Electronic Warfare environment. SSC SUMMARY 2010 11

SSC facilitates the access of space by providing technology and services both for scientific purposes and for the infrastructure in our daily lives. Space technology is essential in climate and environmental research. It is used for earth observation and surveillance of natural resources, monitoring of emergency areas and for the direct benefits of the public in terms of weather forecasts and TV broadcasting. Products and services that make a difference During 2010, SSC contributed to science and climate research in various ways. The verification of a green space propulsion system and the continued operations of the Odin climate research satellite are two excellent examples. Operations and control services have been provided to numerous scientific satellite missions. Several atmospheric research balloons and scientific rockets were launched from Esrange Space Center and we could also contribute in the clean-up efforts of the disastrous Gulf of Mexico oil spill. Consideration inside and out The basis of success, as well as environmental and social responsibility, starts from within. SSC s policies are clear about healthy and safe work environments, equality and terms of employment. During 2010, we actively strived to decrease travel to reduce the environmental impact. We restructured our sales organisation, streamlined our working methods and tried to find new technical solutions for long distance meetings. An employee survey, including all SSC companies, was carried out. Reliable and responsible SSC aims at providing increased value to customers, employees, shareholders and other stakeholders. This is achieved by profitable marketing of products and services on the national and international markets. SSC is a reliable and responsible company, committed to delivering high quality and maintaining a high level of ethics. Marketing and sales must be conducted in a professional and earnest manner, based on quality, performance, price and service level. SSC complies with all competition legislation and export control directives of the countries in which we operate. In certain business areas, we depend on information and products that are subject to other countries export control directives. Commitments to suppliers and their local authorities are always carefully complied with. SSC s prosperity is partly based on good community relations. To maintain mutual trust, SSC provides regular company updates to politicians and other decision makers. SSC s sustainability report for 2010 is available in Swedish on www.sscspace.com SSC SUMMARY 2010 13

Swedish know-how streng of colleagues around the 14 SSC SUMMARY 2010

thened by the expertise world From Sweden to the world. Swedish Space Corporation was founded in 1972. Since then, our business has gradually grown and expanded both in terms of expertise and geography. 2010 marked the beginning of a new era. Now we are SSC. Swedish know-how strengthened by the expertise of colleagues around the world. A global group with a local focus. SSC SUMMARY 2010 15

Consolidated statement of comprehensive income for the Swedish Space Corporation group (SEK thousands) 2010 2009 Net sales 934 136 994 222 Raw materials and consumables -49 541-47 337 Other external costs -364 626-400 493 Personnel costs -473 569-467 413 Provisions -110 369-2 523 Depreciation, amortisation and write-down -119 341-69 551 Other operating income 30 877 24 670 Other operating expenses -26 239-17 901 Operating loss/profit 178 672 13 674 Result from participations in associated companies 652-9 331 Financial income 230 665 5 560 Financial expenses -18 701-24 808 Loss/profit before tax 33 944 14 905 Tax 28 114-8 523 Net profit for the year 62 058-23 428 Other comprehensive income Foreign currency translation differences for foreign operations -6 753-3 433 Cash flow hedges, including tax effect 993-662 Exchange rate effect on monetary item seen as extended investment -8 190 - Revaluation of financial asset - 10 719 Other comprehensive income for the year 13 950 6 624 Total comprehensive income for the year 48 108 16 804 SSC SUMMARY 2010 17

Consolidated statement of financial position for the Swedish Space Corporation group as per 31 December (SEK thousands) 2010 2009 ASSETS Fixed assets Intangible fixed assets 162 081 216 767 Tangible fixed assets 364 220 344 960 Participation in associated companies 697 115 Other investments held as fixed assets 0 70 168 Long-term receivables 3 335 - Deferred tax assets 98 406 30 937 628 739 662 947 Current assets Inventories, etc 4 859 4 209 Tax assets 8 048 1 723 Receivables - trade 154 530 98 537 Receivables from associated companies 4 458 0 Other current receivables 37 888 63 027 Prepaid expenses and accrued income 49 415 61 579 Liquid assets 321 854 235 799 581 052 464 874 Total assets 1 209 791 1 127 821 18 SSC SUMMARY 2010

Consolidated balance sheet for the Swedish Space Corporation group as per 31 December (SEK thousands) 2010 2009 EQUITY Equity and reserves assignable to shareholders of the parent company Share capital 32 500 32 500 Other reserves -4 711 9 239 Profit brought forward 547 039 485 793 574 828 527 532 Minority interest Total equity 574 828 527 532 LIABILITIES Long-term liabilities Long-term interest-bearing liabilities 134 690 259 459 Other long-term liabilities 7 795 - Provisions 46 900 - Deferred tax liabilities 86 612 44 765 275 997 304 224 Current liabilities Current interest-bearing liabilities 23 689 15 341 Advance payments from customers 146 605 140 350 Accounts payable - trade 26 238 24 194 Liabilities to associated companies 100 100 Income tax liabilities 1 226 1 246 Other liabilities 18 388 18 510 Accrued expenses and deferred income 79 041 93 801 Provisions 63 679 2 523 358 966 296 065 Total liabilities 634 963 600 289 Total equity and liabilities 1 209 791 1 127 821 SSC SUMMARY 2010 19

Income statement for the parent company (SEK thousands) 2010 2009 Net sales 575 307 894 974 Change in work in progress 97 490-117 779 672 797 777 195 Raw materials and consumables -44 610-46 549 Other external costs -310 612-362 041 Personnel costs -288 691-302 305 Provisions -110 369-2 523 Depreciation, amortisation and impairment loss -22 738-22 609 Other operating income 27 690 22 812 Other operating expenses -25 262-17 047 Operating profit 101 795 46 933 Result from other securities that are non-current assets 247 215 142 184 Interest and similar income 6 452 6 601 Impairment loss, financial assets -92 484-9 400 Interest and similar expenses -17 472-25 237 Profit after financial items 41 916 161 081 Appropriations -11 085-2 882 Tax 21 830-9 500 Net profit for the year 52 661 148 699 SSC SUMMARY 2010 21

Balance sheet for the parent company as per 31 December (SEK thousands) 2010 2009 ASSETS Fixed assets Tangible fixed assets Buildings and land 48 698 49 273 Machinery and other technical installations 26 508 6 540 Equipment and tools 39 403 40 115 Construction in progress and advance payment related to tangible fixed assets 44 568 28 159 159 177 124 087 Financial fixed assets Participations in subsidiaries 156 475 251 439 Participations in associated companies 45 45 Receivables from Group companies 224 483 239 577 Receivables from associated companies 3 335 - Other long-term securities holdings 0 2 811 Deferred tax assets 27 127 743 411 465 494 615 Current assets Inventories, etc Input goods and consumables 4 152 3 374 Work in progress for third parties 300 229 202 739 304 381 206 113 Current receivables Trade receivables 109 488 55 522 Receivables from Group companies 9 558 12 152 Receivables from associated companies 4 458 - Tax receivables 7 500 - Other current receivables 28 156 60 189 Prepaid expenses and accrued income 23 757 32 821 182 917 160 684 Cash and bank balances 287 976 191 233 Total assets 1 345 916 1 176 732 22 SSC SUMMARY 2010

Balance sheet for the parent company as per 31 December (SEK thousands) 2010 2009 EQUITY, PROVISIONS AND LIABILITIES Equity Restricted Share capital 32 500 32 500 Statutory reserve 6 500 6 500 39 000 39 000 Non-restricted Fair value reserve -3 610 3 587 Retained earnings 428 020 293 891 Net profit for the year 52 661 148 699 477 071 446 177 Total equity 516 071 485 177 Untaxed reserves 61 507 50 422 Long-term liabilities Long-term interest-bearing liabilities 101 753 215 412 Provisions 45 431-147 184 215 412 Current liabilities Deferred tax liabilities 0 - Advances from customers 420 830 318 466 Accounts payable - trade 11 871 17 570 Liabilities to Group companies 57 334 6 555 Liabilities to associated companies 100 100 Income tax liabilities 0 926 Other liabilities 11 861 12 287 Accrued expenses and deferred income 55 479 67 294 Provisions 63 679 2 523 621 154 425 721 Total liabilities 768 338 641 133 Total equity and liabilities 1 345 916 1 176 732 SSC SUMMARY 2010 23

Board of directors Olof Rydh Chairman Carl-Johan Blomberg Ulla-Britt Fräjdin-Hellqvist Hanna Lagercrantz Lars Leijonborg Per-Erik Mohlin Fredrik Wilhelmsson Christer Colliander Employees representative Maria Hjerpe Lennart Jonasson Britt-Marie Åslund Employees representative Employees representative Employees representative 24 SSC SUMMARY 2010

Management Lars Persson Bo C Johanson Anna Rathsman Svante Stenbom President and CEO Chief Financial Officer Senior Vice President, Corporate Communications and Business Development Senior Vice President, Global Sales Christina Cyon Jonny Järnmark Thomas Niemi Gierth Olsson Human Resources Director Chief Security Officer IT Manager General Manager, Space Systems Division Mikael Stern Olov Fäst Lennart Poromaa General Manager, Satellite Operations Division General Manager, Airborne Systems Division General Manager, Science Services Division SSC SUMMARY 2010 25

THE SSC GROUP SSC P.O. Box 4207 SE-171 04 Solna Sweden Tel: +46 (0)8 627 62 00 www.sscspace.com SSC Esrange Space Center P.O. Box 802 SE-981 28 Kiruna Sweden Tel: +46 (0)980 72 000 SSC Vidsel Test Range P.O. Box 93 SE-942 22 Älvsbyn Sweden Tel: +46 (0)929 370 00 SSC Stockholm Teleport Vidjavägen 15 SE-123 52 Farsta Sweden Tel: +46 (0)8 447 35 70 ESA Satellite Station P.O. Box 815 SE-981 28 Kiruna Sweden Tel: +46 (0)980 760 00 SSC Room 812 Shi Teng Business Hotel 82 Bei Yuan Road ChaoYang District Beijing 100101 China Tel: +86 10 649 685 51 ECAPS P.O. Box 4207 SE-171 04 Solna Sweden Tel: +46 (0)8 627 62 00 www.sscspace.com/ecaps NanoSpace Uppsala Science Park SE-751 83 Uppsala Sweden Tel: +46 (0)8 627 62 00 www.sscspace.com/nanospace LSE Space Argelsrieder Feld 22 D-82234 Wessling Germany Tel: +49 (0) 8153 881099 26 www.sscspace.com/lsespace LSE Space Robert-Bosch-Strasse 7 D-64293 Darmstadt Germany Tel: +49 (0) 6151 870 11 37/38 LSE Space Middle East Fortune Tower, Office 1606 Jumeirah Lakes Towers P.O. Box 115738 Dubai, UAE Tel: +971 55 55 04 379 Aurora Technology Crown Business Centre Heereweg 345 2161 CA Lisse The Netherlands Tel: +31 252 532239 www.sscspace.com/aurora Universal Space Network 1501 Quail Street, Suite 103 Newport Beach, CA 92660 USA Tel: +1 949 476 3432 www.sscspace.com/usn Universal Space Network 417 Caredean Drive, Suite A Horsham, PA 19044 USA Tel: +1 215 328 9130 SSC Chile Autopista Los Libertadores Km 28 Colina Santiago Chile Tel: +56 2698 1702 www.sscspace.com/sscchile SSC 256/3, Soi 8, Sukhumvit 55 10110 Bangkok Thailand Tel: + 66 2 714 90 89 26 SSC SUMMARY 2010

www.sscspace.com Design & production: Infobahnreklambyra.se. Photography: SSC, Matton, Olle Holdar, Transport Canada.