from Luxembourg Times
Luxembourg space firm Kleos fights for survivalLuxembourg-based satellite company Kleos Space may call on its owners for a make-or-break call in the coming days to ensure its survival until new sales roll in, after a year of failing equipment and thinning funds.The company - which is getting government support in the Grand Duchy, a country where it had no revenues last year - is hoping that its growing contacts with US military agencies will help it gain customers elsewhere in the world.But the question is whether it will do so before time runs out, after having to set aside millions of euros because of satellite clusters breaking down.
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from Luxembourg Times Luxembourg space firm Kleos fights for...
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