KSS 0.00% 10.0¢ kleos space s.a

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    I particulalry like the "take" of this brief article.

    https://news.financial/comments/sap-kleos-space-rwe-crisis-resistant-stocks-that-belong-in-the-portfolio

    KLEOS SPACE - THE LAUNCH DATE FOR THE FOURTH CLUSTER IS SET

    With the outbreak of the Ukraine crisis, the world is again in armament mode. Besides weapons, data is of utmost importance. Kleos Space operates satellite clusters and uses them to collect radio frequency (RF) signals. Using artificial intelligence, the Company can provide its customers with RF geolocation data for reconnaissance, surveillance and monitoring as a Data-as-a-Service. The Company thus helps in the fight against global environmental, security and economic problems. Currently, three satellite clusters, each with four satellites, are in space and will provide daily data from an overserved 253 million sq km. The third cluster, Patrol Mission, launched in April, is expected to be operational by the end of August.

    On June 16, the Company announced the launch of the fourth cluster with SpaceX. The satellites will launch from the Cape Canaveral Space Station in October 2022 and add about 119 million sq km of data collection capacity. At the same time, the daily verification rate may increase fivefold. The cluster was initially scheduled to launch in the middle of the year, but due to vibration problems, the launch was postponed for safety reasons. Nevertheless, CEO Andy Bowyer is pleased: "The upcoming launch increases our constellation in low Earth orbit to 16 satellites, further enhancing our data collection, intelligence and reconnaissance capabilities."

    A cooperation agreement with the US Navy's Naval Surface Warfare Center shows just how good the data is, with both parties looking to develop new solutions to military challenges. In line with this is Kleos' new Mission-as-a-Service business, which will give customers exclusive access to satellites. This service is scheduled to launch in the first quarter of 2023. At the beginning of April, the share was still at EUR 0.48, then fell to EUR 0.245 with the news of the delayed satellite launch. However, postponed is not cancelled, and the safety of the satellites comes first. Turnover is only just starting to pick up and it is currently possible to get in at favorable prices.


 
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