·The ‘3 Diamonds’ nano-satellites have commenced generating first revenues from existing customers, a major commercial milestone for the Company.
·First revenues follow months of successful performance optimisation and recent designation of the 3 Diamonds as “fully operational”.
·Approximately A$1million of annualised revenue is expected to be generated from only current contracted customers to use bandwidth generated by the 3 Diamonds.
SAS Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held