c) Some orbit testing will always be required and will always be on-going, special testing requirements may exists for key clients such as GlobalSat Group LLC, consider stress/volume testing of million of GlobalSat users, etc. SAS is confident the comms are working due to their due diligence and detailed test plans already executed.
Also, SAS signed up MOU with VIRGIN GALACTIC, then receives FROST & SULLIVAN technology award in 2016 and secures a recent CR of $7million (heavily oversubscribed), all this will contribute to its future success and growth. Will there be a need for a CR - of course, SAS is in a G&D phase...
This is not your average nano-sat tech firm, post launch watch out for the MOU with FLEXTRONICS (NASDAQ: FLEX) and there is much more to come. SAS is notorious for being ahead of schedule so don't be surprised if launch is happening faster that you think.
Remember, the core Sky and Space Global business is to construct a communications infrastructure based on nano-satellite technology and develop the highly complex and sophisticated software systems that will deploy, maintain orbit control and handle communication code between each of the nanosatellites to give a global coverage. Sky and Space Global aims to provide low cost, nano-satellite communication coverage on an anywhere to everywhere base with relatively low maintenance costs.
This is not rocket science but as with anything in live, solid and sound ROI will require patience from the shareholders.. Lets see where we stand in 3-5 years time..