SAS sky and space company ltd

Ann: Quarterly Activities and Cashflow Report, page-49

  1. 1,052 Posts.
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    Seriously, the level of intelligent and informed comment backed by a even a modicum of research is sorely lacking tonight. The 3D's sole reason for being up there has always been to DEMONSTRATE the basic tech and capabilities of what SAS can provide. They only thought there would be revenue when Sat Space Africa was really keen to get in early and use the the 3D's for commercial purposes. Rather than try to squeeze early revenue out of Sat Space, is was decided to let them do the sales job with their customers for SAS. Meir did state at the AGM that there should still be some revenue coming through in Q1 2019, but the amount was not material and was only incidental to the main function of the 3D's, which is as demonstrators.
 
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Currently unlisted public company.

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