Kleos (ASX:KSS) says the collaboration activities with the unnamed nation state may include, but are not limited to:
- Investigation of opportunities to collaborate and develop a value-added proposition for current and future state and regional maritime opportunities
- Jointly develop a future commercial relationship including government procurement strategies
- Develop and implement scenario modelling and demonstration pilots to validate technical usability and application of Kleos data
- Proposed fusing of data and a subsequent mutual commercial strategy for allied states
“This development brings an enormous strategic benefit to Kleos, bringing an entry for Kleos directly into Government opportunities. It offers the opportunity to test and validate Kleos data in a challenging end-user environment,” Bowyer said.
“The lessons we learn will position Kleos well as we engage further directly with governments.”
Kleos data assists in identifying potentially unlawful maritime activity such as smuggling and illegal fishing by geolocating radio transmissions.
“If unlawful actors in the territorial waters of the Nation State, were to become aware of the usage of Kleos capability and the possible detection of their illegal activity, they could potentially circumvent detection and endanger national security efforts of the Nation State. For this reason, the disclosure of the end-user is not possible,” Kleos said.
“Kleos currently views this relationship with the Nation State as not material as revenue that may be generated by the relationship cannot be quantified at this time.”
The Kleos Scouting Mission satellites will launch into a 37-degree inclination delivering data collected over key regions of maritime interest for defence and security customers, including the Australian coast, the Strait of Hormuz, South China Sea, Southern US coast as well as the East and Western African coast.