https://www.prnewswire.com/news-releases/satellite-based-earth-observation-market-size-to-grow-by-usd-1-32-bn-airbus-se-and-antrix-corp-ltd-among-key-vendors---technavio-301643679.html Note the absence of Hawk & Unseen from this report.
https://www.cnbc.com/2022/09/29/investing-in-space-where-does-nasa-go-from-here.htmlNote this passage as I missed any $ reference myself.
- "National Reconnaissance Office dished out satellite radio frequency contractsto six companies – Aurora Insight, HawkEye 360, Kleos Space, Terran Orbital subsidiary PredaSAR, Spire Global, Umbra Lab – as the spy agency looks to explore uses of RF data. The NRO told CNBC the initial value of each contract is expected to be about $300,000, but “can quickly be scaled” up. –NRO"
https://www.derfinanzinvestor.de/kommentare/in-geheimer-mission-helma-eigenheimbau-heidelberger-druckmaschinen-kleos-space-aktieFirst Berlin again - I know Carnival I know. But even idiots get it right sometimes.
KLEOS SPACE - FIRST SECRET SERVICE ASSIGNMENT
Australian company Kleos Space (WKN: A2N4R3 ISIN: AU0000015588 ticker symbol: KS1) is the only non-US company to receive an initial order from the National Reconnaissance Office (NRO).The NGO is a coalition of 18 intelligence agencies in the United States and reports to the Department of Defense.The focus of the pilot contract is radio frequency reconnaissance, data collection and direct delivery to the NGO.The turnover with the NGO is initially negligible for Kleos Space, but should the first contract be evaluated positively for the NGO, attractive follow-up contracts are likely to follow.
Kleos Space is currently putting its second satellite cluster from the Vigilance Mission into operation and the third satellite cluster from the Patrol Mission is to be integrated into the satellite system afterwards.For November/December 2022, the Observer Mission is to be carried out via SpaceX and a Transporter 6 rocket and bring the fourth satellite cluster system into orbit.The research company First Equity Berlin confirmed its buy recommendation for Kleos Space due to the development and sees a price target of AUD 1.60.That would mean an increase of over 450% from the current level of AUD 0.29 (EUR 0.18).
https://news.financial/comments/buy-or-sell-deutsche-bank-basf-kleos-space-in-analyst-checkKLEOS SPACE: 400% SHARE PRICE OPPORTUNITY AND JUMP IN SALES IN 2023
First Berlin recommends buying Kleos Space's stock with a target price ofAUD 1.60.Currently, the shares of the Company, which specializes in space-based high-frequency reconnaissance, are trading atAUD 0.29- it is also traded in Germany. Since the beginning of August, the share price has almost halved. This was due to write-downs on the first test satellite cluster and delays in rocket launches to get more clusters operational. Analysts expect Kleos to post its first positive operating result in the current second half of 2022. In addition, the Luxembourg-based technology company has securedAUD 10 millionin debt financing from Australian funding boutique PURE Asset Management Pty Ltd. This could be used to finance one to two additional satellite clusters to drive revenue growth.
Kleos plans for satellite clusters two and three to be operational by the end of the year. By then, the fourth cluster will also be launched into space on a SpaceX rocket. Its commissioning is expected to occur in the first half of 2023. Accordingly, analysts expect Kleos' sales to climb fromEUR 2.20 milliontoEUR 12.50 millionin 2023. In 2024, this figure is expected to rise toEUR 20.20 million. Then, for the first time, a net profit of at leastEUR 2 millionshould be achieved (to the complete study (more-ir.de/d/25391.pdf).
In order to achieve these sales estimates, orders from the US government are needed. To obtain them, Kleos is demonstrating the accuracy of its radio frequency (RF) geolocation data over land and water to the US National Reconnaissance Office (NRO). The NRO builds and operates the US government's space-based intelligence, surveillance and reconnaissance capabilities and provides satellite, signal and imagery data to government agencies. Eric von Eckartsberg, CRO of Kleos, said, "Our four-satellite-per-cluster approach has significant operational advantages, including increased resilience and risk mitigation compared to systems with fewer satellites. It allows us to acquire additional radio frequencies in each band and accurately detect transmissions even when the tracking or positioning system has been disabled or turned off. Our independent reconnaissance data can be used to validate or reference other commercial data sets to improve situational awareness."
https://news.satnews.com/2022/10/08/kleos-observer-mission-satellites-pass-testing-significant-milestone-are-ready-to-ship-to-cape-canaveral-sfs-for-launch-to-meet-nro-objectives/I think this is interesting. The title of the article especially "..... to meet NRO objectives." This is this first I, personally, have seen linking the ready to launch status of KSF3 to the NRO contract. It is almost like they have specifically engineered these sats for a specific purpose.
Also remember Kleos was the only non-US company to be awarded one of these contracts. I have been advised previously, that gaining the "trust" of the US govt to use a "foreign" company for intelligence is a massive hurdle. They typically very "in house".
https://www.aerosociety.com/events-calendar/raes-presidents-conference-new-space/
