"generating initial revenues", so yes generated its first dollar. what that figure might be depends on how soon SAS decided to announce to the market from the first revenue was earned, but obviously in the current quarter (Jan - Mar).
$1million annualised revenue = $1m for 52 weeks. Assuming revenue begun in March so work out 9-10 months of $1m annualised
Full constellation provides higher revenue again, with quoted numbers for 100 and 200 satellites being deployed.
read the full announcement before listing endless questions, most of which are answered.
revenue was generated from 'existing customer contracts'. bandwidth contracts are typically usage based or monthly recurring rates, and not "one-off cash receipts"
i understand the frustration with vague company announcements but i don't think its common for company's to disclose the finer details of contracts with customers, i.e. pricing structures.
SAS Price at posting:
12.3¢ Sentiment: Hold Disclosure: Held
