IMO there is no race here as both the companies are early stage in this market and 4 to 10 satellites are not a drop in ocean to cover the whole world. I believe once we have dozens of companies doing the same things and have launched 100’s of satellites in orbit and overlapping on same focus areas then market will see real competition and clients will have options to negotiate data deals until then its cash cows for companies like Hawkeye and Kleos.
KSS Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
