When people think of Big Data and satellites, they immediately think of espionage or US homeland security.There are currently around 2,800 satellites orbiting the globe, most of which come from the US, pretty much 50% or 1,425 to be exact, followed by China with 382 and Russia with 172.It is precisely these countries that we count among the geopolitical power poles on the planet today. They also afford the largest budgets for armaments and security.
Kleos Space SA is a private Luxembourg high technology Company that operates 4 satellites in orbit, but so far in the civil sector. The business approach is to provide highly sensitive data for paying customers, the core of which is to generate revenue on a subscription basis from the delivery of important data to government and commercial institutions.The vast majority of the data collected is used to detect unauthorized maritime activity, e.g., fishing in foreign waters or pirate movements that are otherwise difficult to detect, including crime detection in drug, weapons and human smuggling. Of course, this also involves defense and national security. Kleos also performs an essential service in terms of general security with its predominantly optical reconnaissance work.
The Company is interesting in many ways. There's Elon Musk with his Internet from space called "Starlink," which is already in beta testing. His platform for the future is the space company SpaceX; it has put more than 400 satellites into orbit, with plans for a whopping 40,000 over the next 20 years.Kleos will launch more satellites into orbit with SpaceX, the collaboration is already sealed and the launch date is June 2021.
Kleos raised AUD 19 million in November and is currently investing huge sums, with the first 4 satellites installed. On January 29, Kleos provided an update on progress made since the rocket launch of the Scouting Mission (KSM1), its first four-satellite cluster.Satellite commissioning, which will culminate with the positioning of KSM1 in its final operational orbit and formation, is well underway.
Kleos stock is still relatively unknown in Germany. With a capitalization of just under AUD 100 million, closer collaboration would be a no-brainer for Elon's SpaceX, for example, in the area of highly sensitive data. So before Elon brings up the word Space again, one should secure a few pieces at EUR 0.39.The analyst firm First Berlin has raised its price target several times to currently AUD 1.15, which would be the equivalent of about EUR 0.74 - so there is a doubling potential!
