AND IT IS 'ERE.... pleased to confirm that the Vigilance Mission...

AND IT IS 'ERE

.... pleased to confirm that the Vigilance Mission (KSF1)
satellites have entered into operations, following achievement of reliably delivering
data products against a monthly service level to Government and Commercial customers.
Bringing Vigilance mission into its operational phase is the key catalyst for commencing deferred
revenue recognition this quarter, revenue growth and cash receipts.1
Commenting on this milestone, Alan Khalili, CEO, said:
“Reaching this critical milestone moves the Company into production mode, confirming
the Vigilance mission satellites are now in commercial operation, delivering consistent
and reliable data from a specific area of interest which is being processed through our
proprietary signal processing platform and being sold to our early adopter customers as
intelligence products.
“We now look forward to expanding our product offering through bringing additional
already launched satellites online, including the Patrol Mission (KSF2), expected to
commence data delivery in the coming months.”
- ENDS -
This announcement has been authorised by Executive Director, Andy Bowyer

GLAH Mal... Up 8% at the moment.