Check back in a few days and you’ll see. It’s going at a different speed.
I assume they would announce if they managed to recover one of the impaired satellites.
They also told us they were going to keep trying to fix the KSM satellites. But they gave up on that and are de-orbiting them now.
They’ve only managed to get 2 out of 16 satellites operational so far and we don’t know if they’re generating any recurring revenue. They also have a significantly reduced operational lifetime.
I’m interested to know if they’re breaching loan covenants again yet. When are they having the Shareholder meeting to approve a capital raise? If they feel they need some orders before a capital raise then time is really running short.
KSS Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held
