NRO Awards Contract Extension to Kleos, page-4

https://spacenews.com/kleos-space-spire-global-get-contract-extensions-from-nro/

This article implies that of the six originally given Stage 1 contracts (Aurora Insight, HawkEye 360, Kleos Space, PredaSAR, Spire Global and Umbra Lab) only Kleos and Spire "... were awarded “stage two” two-year contract options under the NRO’s Strategic Commercial Enhancements Broad Agency Announcement program."

" The stage one contracts focused on modeling and simulations of companies’ data collection capabilities.

“Under stage two, Kleos is demonstrating the accuracy of its radio frequency geolocation data over land and water and end-to-end latency of its overall architecture,” the company said in a statement.

This phase of the contract “emphasizes tasking, data collection, and direct delivery of data to end users,” said Kleos.“The NRO also exercised an option for future purchases of Kleos data and products.” "

This sounds more positive to me than the market obviously thinks.