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06/09/18

11:03

Post #: 35443263
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Originally posted by coefficient ↑

Question: What’s on the horizon for Sky and SpaceGlobal in the near future?

Meir Moalem: I’d divide our plans into three differentchannels.

The first is the technology channel; developing thesatellites. We’re almost at the Critical Design Review(CDR), which is the step before actual production. Oncewe’ve passed that, we’ll have a high level of confidencethat our plan will work. We expect this in the very nearfuture.

The other channel is the commercial channel. We’retalking to additional customers and trying to developnew agreements and finding out what customers arewilling to pay. Moving out of our comfort zone in Africa,where we already have a lot of agreements set in place,we’ve moving on to the Americas and Southeast Asia.

The last channel is the funding. We’re talking toinvestors and strategic partners, and we strongly believethat we can acquire the US$100 million that will secureour constellation. This is not required all at once, and alot of options are on the table, so I am confident we willfind the best one for the company.

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Can you advise what the source of these quotes is and when they were made? Thanks.

SAS Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
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