An observation re replacing Andy with a yank as CEO. Apparently when it comes to security the US are not keen at all to have information in the hands of foreigners. The fact that Kleos recieved a berth with the NRO, despite being "foreign" is a great result. To faciliate closer relations with the US govt security sector they "had" to appear to be more American - CEO position to be transitioned to US citizen o Current CFO, Alan Khalili to transition to CEO to deliver further global market access o Additional scaling up of US Government expertise personnel including Project Manager & Security Officer complete
In the real world there is the USA and friends, and the "enemy". Friends are happy to use US screened data and analysis ( & probably have to, to be kept in the loop). The US do not trust friends to be bulletproof with respect to being infiltrated or hacked by the enemy, probably on account of their arrogance. And the enemy has to have no idea what is going on, to prevent them from counter initiatives. So Kleos seem to have been asked to join the team, as long as they become more American. I can't imagine Unseenlabs will get a guernsey, because you can't trust the frogs to be tightlipped. Hawkeye are American so have an inside lane. But they have the same deal with NRO that Kleos got, which is great news for Kleos. Remember, if you can, many moons ago it was discussed that it was most likely KSS data would be used in conjunction with HE360 data rather than instead of it.
The whole deal lives in the world of smoke and mirrors. But the repositioning of the company, the trials, the new staff, are all "looking" more like credible progress than abject failure. And imagine the the effect on KSS if we amateurs on HC actualy knew what the heck was going on!! The "enemy" could just read all this palaver and the security sector would be exposed rendering all information worthless.
All in all I think the general direction is up. If only the SP was too. Another year of retirement lost!!
KSS Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
