SAS 0.00% 1.6¢ sky and space company ltd

Sky and Space Global on track to commence “3 Diamonds”...

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    Sky and Space Global on track to commence “3 Diamonds”
    commercial demonstrations within two months
    Highlights
    • 3 Diamonds continue to fully function as expected and testing procedure continues according
    to plan.
    • Commercial demonstrations are expected to commence in two months with initial revenues
    to follow, immediately post completion of the testing programs.
    • In the past 10 days since launch, Sky and Space Global has had over 100 of successful
    communication passes with over 1,000 minutes of satellites telemetry from the 3 Diamonds.
    • All nano-satellite systems are operating as expected, with the nano-satellites communicating
    to the ground stations with no anomalies.
    Sky and Space Global Ltd (ASX: SAS, “Sky and Space Global” or the “Company”) today announces
    that the “3 Diamonds” are on track to commence commercial demonstrations in the next two
    months. The results from the testing confirm that the satellites are functioning as expected and the
    testing procedure continues according to plan.
    The nano-satellites were launched on the Indian Space Research Organisation’s (ISRO) Polar Satellite
    Launch Vehicle (PSLV) Campaign 38 (C38) on Friday, 23rd June. The successful launch marked a
    major milestone for Sky and Space Global as it will enable the Company to start generating revenue
    for the business and its customers.
    The latest testing confirms that the 3 Diamonds are operating
    as expected and are communicating to the ground stations
    with no anomalies.
    So far, Sky and Space Global has had over 100 successful
    communication passes with over 1,000 minutes of satellites
    telemetry. The communication payload system and GPS
    systems have been switched on and are functioning
    normally, providing precise orbit determination of the nanosatellites.
    Attitude control systems are also operating
    seamlessly and have begun testing and calibration.
    The testing results confirm that the 3 Diamonds are on track
    to commence commercial demonstrations in two months
    and will be able to start generating revenues for Sky and
    Space Global and its customers.
    Image: Reviewing the 3 Diamonds
    Communications
    www .sky andspace.gl obal Page 2 of 2
    Sky and Space Global is using two ground stations, one in Aalborg, Denmark and one in Alaska. These
    ground stations provide communication services in almost every satellites orbit.
    The In-Orbit Testing plan will continue in the next 6-8 weeks and Sky and Space Global will update the
    market on the progress.
    Sky and Space Global’s CEO, Mr. Meir Moalem said:
    “We are delighted to reveal that the 3 Diamonds continue to perform as planned and are
    communicating with the ground stations with no anomalies. We’ll continue the testing in the lead up
    to the commercial demonstrations of our satellites in two months-time. This is a very exciting time for us
    and we look forward to the next stage of our journey to delivering affordable satellite connectivity to
    Anyone, Anywhere, Anytime.
    --Ends--

 
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