SAS sky and space company ltd
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News: SAS Sky And Space Global Says Virgin Orbit Set To Take Stake In Sas

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    28/10/20
    15:20
    Post #: 48459455

    Oct 28 (Reuters) - SKY and Space Global Ltd (SAS) :

    • VIRGIN ORBIT SET TO TAKE STAKE IN SAS
    • THREE-YEAR A$3 MILLION LAUNCH SERVICES AND CONSULTING AGREEMENT WITH VIRGIN ORBIT
    • PREVIOUS A$55 MILLION LAUNCH SERVICES AGREEMENT WITH VIRGIN ORBIT TO BE TERMINATED BY BOTH PARTIES
    • SKY AND SPACE GLOBAL-VIRGIN ORBIT WILL ALSO BE GRANTED 7 MILLION THREE-YEAR OPTIONS IN SAS, EXERCISABLE AT A$0.40 EACH
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