Ann: Kleos Investor Update, page-13

It is probably in preparation for another CR.

With building and sending up satellites it would have likely increased their burn and there was about 3M last qtr in the bank with a burn of 1.6M so there might only be 1 qtr left of funding.

Unless of course the cash has been flowing in but then you would think they would have announced this to not only protect the SP but also keep investors & potential investors interested.

Wonder how glossy the silver is?