Background Stories, page-98

https://news.financial/comments/sap-kleos-space-software-ag-big-growth-predicted

KLEOS SPACE - MISSION PART 3 LAUNCHES

Founded in Australia and now headquartered in Luxembourg, Kleos Space, a data-as-a-service company, is valued by government agencies worldwide for providing independent, commercially available intelligence data that improves maritime and land safety. Private companies such as security services or insurance companies are also among the target audience, as Kleos Space detects and geolocates radio frequency transmissions from space to improve the identification of hidden and illegal activities.

The Company achieves this by using nanosatellites. These are launched into space in a pack of four per cluster to scan the Earth for radio frequency signals for geolocation. These are then processed using algorithms developed in-house to create data packets. The packets are delivered via API to government and commercial analytics and intelligence facilities worldwide and made available to decision-makers. Kleos Space is paid through a subscription model, ensuring recurring payments. As a result, the business becomes highly scalable. More than 160 customers from the public and private sectors have already been acquired, including 30 clients from the US government.

Two clusters of four satellites are already in orbit, with the third now scheduled to launch in April, where the satellites will be part of SpaceX's Transporter 4 mission. The fourth cluster, the Observer Mission (KSF3), is planned for June 2022. In the medium term, there should be around 20 clusters of Kleos Space in space to optimize data quality down to the smallest corner of the Earth.

Recently, Kleos Space received a contract for data analysis from Advanced Ground Information Systems. AGIS simultaneously processes up to 200,000 sensor messages in real-time to provide command, and control communications capabilities to the US military, government and emergency responders. The C5ISR (Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance) system enables data interoperability between US and NATO C5ISR systems to create a common operational picture. Under the contract, AGIS will have access to Kleos' Guardian Locate data product for evaluation purposes.

Kleos Space is impressively on course for expansion and, with a market capitalization of AUD 116 million or the equivalent of around EUR 73 million, still has plenty of future potential. Kleos Space CEO Andy Bowyer will provide more detail on the Company's development at the International Investment Forum (IIF) www.ii-forum.com on February 17, 2022. Registration for the virtual event is free.