Reading into things a little but quoting the announcement “We believe that when the Sky and Space 200-satellite constellation is complete and operational it will be a game-changing technology that can transform narrowband satellite communications. Globalsat is ready to advance our relationship with SAS to agree on a commercial arrangement, which will see us deliver mobile connectivity and IoT services to Latin and Central America.”
Maybe from the first sentence Globalsat aren’t that interested in paying SAS for the use of the nanos, however it’s the next bit that caught my imagination a bit when he talks about advancing the relationship and delivering mobile connectivity and IOT…Could this mean they might chip in some coin to fund some satellites maybe??
Thoughts?
SAS Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
