SAS 0.00% 1.6¢ sky and space company ltd

Today's Performance, page-113

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    If you read the SAS ASX announcements regarding the Globalsat MOU, it says:

    Sky and Space Global’s CEO, Mr. Meir Moalem said: “We are pleased that the commercial testing with Globalsat was a great success and excited that we are now actively progressing commercial discussions. Our successful test was the world’s first operation using a nanosatellite for communication purposes in the American continent, and we are certain many more will follow.”

    Globalsat Group CEO, Mr. J. Alberto Palacios said: “The tests with the 3-Diamond nano-satellites were widely successful. We believe that when the Sky and Space 200-satellite constellation is complete and operational it will be a game-changing technology that can transform narrowband satellite communications. Globalsat is ready to advance our relationship with SAS to agree on a commercial arrangement, which will see us deliver mobile connectivity and IoT services to Latin and Central America”.
 
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