By my calculations they could run out of cash by Feb unless they...

By my calculations they could run out of cash by Feb unless they get some more decent contract prepayments.
Roughly 2.5m Euro reported in capital commitments for the launch and operation of satellites in the half year report. Looks like they spent 800k Euro of that last quarter, so roughly 1.5 quarters of cash remaining from end of Sep if we divide the remaining cash( less capital commitments ) by the operating cash loss last quarter.

I think the next tranche of the loan is dependant of trailing 3 months of 250k Euro positive EBITDA.

Need those satellites generating revenue ASAP or capital raise soon in my opinion.