Hawkeye360 which is the only other company in the same SPACE (sorry for the pun), is valued at over US$200m which is approx AUD$280m. With approx 120m shares on issue is roughly AUD$2.33. 50% discount is AUD$1.16.
By the time the second launch takes place on SpaceX in June 2021, it should be at least the same as Hawkeye360.
If they convert 100 customers at $500k per annum is AUD$50m revenue - 5-7 times multiple will be easily achievable. Not to forget they keep selling the data over and over again without incurring any additional costs.
KSS Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
