SAS sky and space company ltd

Ann: Company Update, page-51

  1. 4,433 Posts.
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    I mean, really this was a great announcement.

    1. The company is going global - more customers, more revenue.
    2. The company is up to terms agreement with the US bank- been asking for an update on this, and now we know.
    3. The departing directors still decided to put in nealy half a million of their own money into the company..... dont know why they left.... but if the ship was sinking why would they invest that much money !!!
    4. The company is engaging another 2 launch providers - been talking about this aswell, and now it's happening, making launch cheaper and providing a backup option
    5. They announced a timeline for completion of batch 1 ( the alternate satellite) by dec19 , to be put into the new contract.
    6. The best part is that all this should occur before the options expire..... only know with global coverage.

    t minus 2 months.
 
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Currently unlisted public company.

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