KSS still have very high risks too, and I think they are no way near as developed as SAS is on the start-up spectrum. Sure they have 4 nano-sats that they wiil be launching soon mainly as demonstrators (sounds familiar to the 3Ds doesn't it?). But they will still need a few million to build a constellation (sounds familiar to SAS too, doesn't it?). Have you seen their quarterly? - 2.7M Euros in the bank, with an expected spend of about 1.4M Euros in Q3 - they will do a CR soon, and then probably another one, then another one.
p.s., i may invest in KSS when the time is right, but i wouldn't now.
SAS Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held