Sky and Space Company Limited | ACN 117 770 475 | 283 Rokeby Road, Subiaco WA 6008PRESS RELEASE5 October 2022.01SKY AND SPACE COMPANY NAMES MARKGILROY AS CHIEF EXECUTIVE OFFICEROctober 5, 2022 - Sky and Space Company Limited, (Sky and Space) the award-winning nanosatelliteservice provider, announced industry veteran Mark Gilroy as its new Chief Executive Officer (CEO). Inaddition, the Company appointed Sky and Space co-founder, Meir Moalem, as Chief Operating Officer(COO). Mr. Gilroy immediately assumes executive leadership of the company and is appointed to Sky andSpace’s Board of Directors.Mr. Gilroy’s appointment comes at a critical junction for Sky and Space as it will launch its next generationof IoT focused nanosatellites in 2023. In addition to overseeing the international operations of Sky andSpace, he will work with the Board of Directors to implement a North American market growth strategy.Mark has almost 30 years of experience in satellites, telecommunications, media, software, andtechnology sectors. Mr. Gilroy was most recently CEO at Fornetix, a cybersecurity company specializingin high performance key encryption automation, access controls, and authentication services. His time inthe satellite and telecommunications sector includes executive positions with ProtoStar, MabuhaySatellite Systems, Loral Space & Communications, and as a founding member at Orion Satellite Systems.Mr. Gilroy was also President at First Pacific Company Limited where he focused on financing satellite,technologies, and telecommunication companies."During this time of accelerated digital transformation at companies large and small, there is no betterperson to lead Sky and Space than Mark Gilroy," said Xavier Kris, Chairman of the Board of Sky and Space.“Mark is a 30-year veteran of the satellite space, with deep industry knowledge, and as a former investmentbanker has strong ties to the financial community. Mark was the Board’s stand-out candidate to lead thebusiness and capture the massive market opportunity that lies ahead."Richard Davis, a Sky and Space Board Member and the Managing Member of ArgoSat Consulting, aboutique advisory firm specializing in the space industry added “I have been fortunate to know Mark forthe last fifteen years. When the Company’s Board of Directors started looking for the right person to takethis exciting business to the next level, I immediately thought of Mark. His industry knowledge andrelationships in the satellite, IoT and cybersecurity industries are the perfect fit for Sky and Space.”Mr. Moalem steps into the pivotal role of COO. A former pilot and Lt. Colonel in the Israeli Air Force, wherehe was awarded Israel’s National Security award, Meir co-founded Sky and Space in 2015. Before foundingSky and Space, Meir was a special project manager at UAS, Space and intelligence division, IDF, where heled the MEIDEX experiment on Space Shuttle Columbia as the project manager for Israel’s first astronautflight.Sky and Space Company Limited | ACN 117 770 475 | 283 Rokeby Road, Subiaco WA 6008PRESS RELEASE5 October 2022.02“I want to thank the Board of Directors for trusting me with this opportunity,” said Mark Gilroy. “I am proudand excited to work with Meir and Chief Engineer Meidad Pariente to take the company they founded, andits advanced technology, to the next level. The company has invested significant time and passion intodeveloping one of the most ground and space-breaking platforms in the industry today. I can’t wait to bepart of this extraordinary team and I look forward to helping drive and support its success.”“I am very excited to have Mark on-board,” said Meir Moalem. We are fortunate to have him on the teamand I look forward to helping him establish Sky and Space as the leading provider of nanosatellite IoTservices.”The Company looks forward to announcing more hires soon as it builds out a U.S. based executive team.For more information:mailto:[email protected] us on:LinkedIn (https://www.linkedin.com/company/sky-and-space-co/)Sky and Space Company Limited | ACN 117 770 475 | 283 Rokeby Road, Subiaco WA 6008PRESS RELEASE5 October 2022.03ABOUT SKY AND SPACE COMPANYSky and Space Company Limited’s core business is to provide communications infrastructure and services basedon nanosatellite technology and deploy highly sophisticated software systems that launch, maintain orbit, control,and manage global communication networks in space.The Company was the first to build and operate a nanosatellite based commercial telecom network. It currentlybenefits from over 50 agreements with future customers, award-winning technology and many nanosatellite worldfirsts including propulsion-less formation flying and inter satellite communications.Sky and Space Company has operations in the United States, United Kingdom, Israel, Poland and Australia.
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