EOS stated earlier this year, Vendor finance is very favourable, and with pre commitments from customers, I am assuming military who will be throwing in a few dollars, that they will need (I’m going off memory here, so please correct if wrong, assuming anyone goes back and finds the info), EOS will need about $300M of their own money. Depending on revenue from the defence division in the next few years, a capital raising may be required sometime in 2023, as these satellites need to be launched before a 2024 deadline.
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