Back to the future

EOS has indicated that by the end of September it expects to announce a major technical development. They will tell that they are now capable of using laser beams from the surface of the earth, precisely targeted at space debris to vaporise the debris or move it. The financial implications are huge.

https://www.youtube.com/watch?v=Y7B5WvopbiM

Back in may 2016, Sam Volkering, editor of Australian Small-Cap Investigator, a tip sheet, explained the impact of such an invention for the company. The share-price immediately doubled after publication, but fell back in a short time frame. The company needed more time.

Well, their time has come.

I made an excerpt from the article that coincided with the share price increase in 2016. After reading, perhaps new shareholders can understand why the long term holders stuck around.

4,4 billion people around the world don't have reliable internet.

Musk’s 4,000 strong satellite network —stretching across the entire planet — will mean every man, woman and child on Earth will have easy and affordable access to the internet. For established tech giants like Amazon, Google and Facebook an internet-soaked planet means billions more customers…and, of course, billions in extra revenues.

But there’s one hitch to Musk’s plans…

And the high-tech solution to this is in the hands of a little Canberra-based specialist.This Aussie tech company is vital to the long term sustainability of Musk’s global wireless internet network.

To give you an idea of the eye-popping technology this Aussie firm is producing, and why companies like Musk’s SpaceX urgently need it…think of ‘space junk’.

NASA says that: ‘More than 500,000 pieces of debris,’ or ‘space junk’ are tracked as they orbit the Earth. All this means it’s increasingly dangerous to launch anything into space.The growth in space junk is exponential.

The more we launch into space, the greater the likelihood that existing debris will collide with a new spacecraft.

This will create even more debris...and so on and so forth.

A problem that risks the reliability and sustainability of Musk’s global internet dream.What this problem needs is a high-tech solution… And that’s exactly where this ASX listed company comes in. Like something out of Star Wars.

One solution is technology to track the space junk.

This enables spacecraft to map safe passage through the minefield. But that’s increasingly hard to do.For instance, in 2012, the International Space Station had to make four orbital adjustments to avoid space debris.

For years, tracking this debris was the only viable solution. But tracking debris is only one part of the solution.

A more effective approach would be the ability to both track and move, or vaporise, harmful space debris. And as The Australian reported, current alert systems are ‘neither accurate, nor timely enough for cost effective satellite manoeuvres.’

Until now.

Because one Aussie tech company has created protective space technology that’s right out of the realms of Star Wars.In the space industry they call it space ablation. That’s a mouthful.But all it really means is using high-powered laser energy to move an object from a distant point. Blasting the space junk out of the way with a specially designed ‘space-laser’.

What is Space Ablation?

Ablation is the process of removing debris from a surface using high-power energy.In the case of space ablation, it’s using laser beams from the surface of the earth, precisely targeted at space debris to vaporise the debris or move it.Think about moving a basketball with a firehose, that’s the principle behind Space Ablation.

Shooting Space Junk from 35.000km away

‘Space laser’ technology can potentially save companies — like SpaceX — hundreds of millions of dollars each year.

Here’s why…The thousands of satellites Musk and SpaceX plan on shooting into space need to stay safely out of the way of space ‘junk’.The mass array of satellites simply won’t be able to change course to avoid all the space debris in orbit.Inevitably some will be hit.

But it would be far easier and more cost effective if there was technology that could track debris nearing the array, which would allow the use of ‘space ablation’ laser technology to move or destroy the oncoming debris.This Canberra-based tech company has pioneered revolutionary technology designed to do exactly that.

The breakthrough technology they’ve invented allows them to both track and blast space debris from orbit.

In partnership with $60 billion Aerospace and Defence giant, Lockheed Martin, this ASX pioneer is about to open the doors on a brand new, West Australian-based space tracking facility.This is a world-class facility.

According to their CEO, this facility ‘will provide a space debris tracking capacity equal to 25% of all capacity presently accessible to space industry globally, and with enhanced accuracy.’

In other words, they’ll have the most powerful and accurate space ablation technology on the planet.Making them the ‘go-to’ company for the protection of multi-billion dollar ‘vulnerable space assets’ like Musk’s world-changing internet satellite constellation.

For example Musk’s satellite internet array will cost billions to put in the sky. So to spend millions protecting each of the satellites from space debris is a no-brainer.

As the CEO of this Aussie tech firm pointed out in December 2015:

‘Potential debris collisions with individual satellites are becoming increasingly likely and can cause economic loss of between $25 million and $500 million per event’.

‘An avalanche of collisions, where one collision causes another until many satellites are destroyed is increasingly likely. Such an event could destroy hundreds of satellites and impair the global economy for decades.’

In other words, protective measures against disruptions to the SpaceX high-speed internet service make perfect financial sense. Protecting valuable space assets is a high priority for any space company.For multibillion dollar companies like SpaceX, Lockheed and Orbital ATK it’s an absolute necessity.

Here’s where it gets interesting for you as an investor…

The time to jump on this opportunity is now while you can still ‘buy-in’ at today’s low prices. Protecting future internet satellite constellations is a huge growth channel for this Aussie tech firm.

In August 2014, they announced a Space Collaboration Agreement with Aerospace and Defence giant, Lockheed Martin.

The reason for this collaboration is to provide space tracking services to the space industry from a new Western Australian based facility due to open its doors this year.

Once operational, this facility will have the capacity of 25% of the world’s current tracking capabilities…and will be able to track space debris — no bigger than a marble — from 35,000 kilometres away!This deal with Lockheed Martin is a major milestone for the company.That’s because this Aussie tech pioneer has been working on their space tracking sensor technology for 10 years.

And with the US$60 billion giant Lockheed Martin behind them, it’s vindication that their proprietary space sensors are the real deal.

In addition to the Lockheed deal, the space sensor was also approved by the US Air Force for use in their Space Surveillance System.This space-collaboration between the US and Australia also serves a military function.